Alexandoy
VIP Contributor
The mall is a building that houses a variety of commercial establishments from restaurants to stores and even service businesses. The advantage of a store in the mall is the air conditioning that is centralized which provides comfort to the shoppers especially in tropical countries like ours. In this modern time the mall has become the alternative to parks. Families used to go to parks during weekends but now it is the mall that is their usual haunt.
Now this question from a friend if a store in the mall can recover the high rent against a store that is outside the mall but also in the main road (or avenue). A press release of one mall said that shoppers who go to their mall have the intention to dine or to buy which, I would admit, is true while the passerby in the main street may just be passing. Maybe those stores inside the mall are earning because they have been there for many years now.
Now this question from a friend if a store in the mall can recover the high rent against a store that is outside the mall but also in the main road (or avenue). A press release of one mall said that shoppers who go to their mall have the intention to dine or to buy which, I would admit, is true while the passerby in the main street may just be passing. Maybe those stores inside the mall are earning because they have been there for many years now.