26 ordspråk av Patrice Duker

Patrice Duker

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They (teens) are an important market and they're not going away anytime soon.

It shows there's consumer demand out there.

This gentleman is thinking what 'outside the box' could be. He's pushing it to the next level. But will it work? We'll just have to wait and see. It's ultimately the consumer who decides.

The numbers are slightly down, but are nothing to be concerned about.

It's a leader (in the industry). It's a strong center.

An open store is a (financial) liability. They still have to pay taxes on it.

This is what we expected from March. Retail sales are being impacted by the calendar shift.

It really allows a great opportunity to renovate, expand or reconvert.

We've seen gyms go in as anchors. We've seen day spas go in.

They (malls) account for a pretty small section of shopping centers. There are 47,000 shopping centers in the United States currently and only 1,104 of those are enclosed malls.

We just have to be mindful that what works for one center may not work for another center, because (security) is very site-specific. Overall, what they're trying to do is ensure it's a secure environment for everyone.

Overall, the industry still has a lot of strength behind it. I don't think we're in trouble. When you have a calendar shift, you see changes in consumer spending patterns, which is what we saw in March.

Easter is the third-biggest seasonal driver for retailers in malls. The Christmas season — November and December — accounted for 25 percent of their sales last year. The beginning of summer — May and June — accounted for 15. 4 percent of total sales last year. Then came March and April, accounting for 12 percent of sales.

What it shows is the Easter shift is working positively for April.

Malls are trying to be something to everybody.

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