Shopping Malls Look To Entertainment-Focused Tenants To Boost Traffic, Sales

Mall, shopping center

Though malls are far from dead, they’ve definitely taken a hit in traffic thanks to the growth of e-commerce retail and the convenience of online shopping. To get customers from behind their computers and into malls, landlords are inking deals with entertainment-related tenants.

From go-kart racing to laser tag and indoor rope climbing, malls all over the country are breaking away from the traditional model to create destination experiences that appeal to shoppers, boosting visits, encouraging spending and ultimately increasing traffic and sales for all tenants. Mall operator Syracuse Destiny USA is experimenting with tenants you’d likely see at an amusement park, like skydiving simulators and escape rooms, the Wall Street Journal reports. [WSJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

OpenAI Plans Data Center Rebrand To Make Projects Palatable To Voters

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

Brookfield, CPP Complete $5.2B REIT Buyout, Pick Up U.S. Logistics Assets

Metropolis Is Bringing AI To The Parking Experience, And Property Owners Are Taking Notice

What's At Stake For CRE In Tuesday's U.S. Midterm

The Data Center Election That Matters Isn't In Congress

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks