Clear Vision
With project delays mounting in Saudi Arabia, the need for clear vision and targets becomes ever more urgent
Scenario 2 – Retail mix and space planning in malls:
A shopping mall is facing revenue management issues. The anchors (hypermarkets, department stores, etc.) in the mall are located on the ground floor and are designed with independent exterior entrances and exits direct to car parks as well as facing into the mall.
This is great for customers of the anchor tenants but is also a death knell to other retailers in the complex. Opening exterior entrances significantly reduces footfall through the interior of the mall and reduces the attractiveness of the retail space on the first and second floors to tenants.
These spaces end up, at best, with second tier tenants or, at worst, with high vacancy rates which all impacts the overall return on investment of the mall.
