1、September 2023Exploring the Diversityof Malls in 2023This report analyzes mall-based consumer behavior and looksat the different functions played by the various shoppingcenter formats within the wider retail landscape.Table of ContentsUnpacking Visit Trends To Malls3How Have Visits Changed?3Malls Ar

2、e Attracting Higher-Income Visitors4Visits Vary By Region5Summer Sun Brings out the Shoppers7Dwell Time Across Regions and Seasons9Shelter from the Heat9Exploring the Urban/Suburban Divide11Year-Over-Year Urban Visits Outpace Suburban11Suburbs Favor Weekends,Cities Prefer Weeknights12Suburban Visito

3、rs More Likely To Turn Mall Visits Into An Outing13Malls:Uniquely American,Uniquely Relevant14 2023 Placer Labs,Inc.|More insights at placer.ai|2Unpacking Visit Trends To MallsFrom the pandemic to inflation to a general consumer sentiment downturn,the pastfew years have thrown plenty of challenges a

4、t the mall space.In the face of a rockyeconomic landscape,how are visits to shopping centers changing?Where do pocketsof optimism shine,and what can demographic insights reveal about the segment?This white paper looks at recent location intelligence data to understand the currentstate of the Placer.

5、ai Mall Indexes,which include class-A Indoor Malls,Open-AirLifestyle Centers,and Outlet Malls.The report reveals how visitation patterns differbased on region;explores visitor demographics to the various mall formats;usesvisitor journey data and daily and hourly foot traffic patterns to understand t

6、heurban/suburban mall divide;and uncovers how seasonality can impact mall dwelltimes.Keep reading to find out how mall trends have changed over the past year.How Have Visits Changed?Retail growth was muted for much of 2023 as lingering economic challenges keptmany would-be shoppers at home.Still,som