Shoe street retailers leave Yekaterinburg
29.04.2015 5107

Shoe street retailers leave Yekaterinburg

According to the IAA UralBusinessConsulting, which explores the central streets of Yekaterinburg in search of “crisis zones” - places in which outlets, public catering and services are massively closed, one of the most noticeable highways with signs “Rent” and “Sale” »Are more common than others, became 8 Marta Street in the Bus Station area.

Now almost a third of all commercial premises located on the ground floors of residential buildings are empty there.

Both large shops, designed on the first floors of buildings in the Soviet era, and relatively small establishments, already in the market era, converted from apartments on the first floors, are closed. The shopping area, which was one of the “showcases” of Yekaterinburg in the 80s and 90s, is rapidly degrading.

“In this region, the market segment was formed that sagged the most with the beginning of the crisis - fabrics, clothing and other related products. The owners of these premises simply cannot pay the rent. Only those who own the areas are not closed, ”explained the independent financial consultant Sergei Nikolaychenko.

Experts name three reasons for the rapid departure of business from the street on March 8. The first of them is the low throughput of the retail outlets themselves. Today, the narrow 8 Marta Street is gradually ceasing to be one of the main city transport routes. The lack of the required number of parking spaces makes the stores unattractive for buyers from other parts of the city. Inhabitants of nearby houses are not enough to meet the demand in specialized stores and establishments.

The second reason is the appearance of a large Megapolis shopping center in the neighborhood, which attracted significant flows of buyers, and with them, tenants. The third, and in many respects decisive, was the economic crisis, which seriously hit the already not the most attractive area for street retail.

Those enterprises that continue to operate are also in a difficult situation. So, at the intersection of st. Shchorsa and March 8, the Tervolina shoe salon has been located for almost 9 years, but in the current economic situation, the future of the store is in question.

At the end of 2014, a sign “Sale - 75%” appeared on the windows of the THOMAS MÜNZ branded shoe salon, soon after which the store was completely closed.

Following the closure of the German footwear salon, several more shops selling footwear and accessories to them stopped operating. In particular, the Zenden shoe store, the Centro store and the Pokrovsky shoe house were closed. As a result, now on the street. On March 8, the whole trade queue is empty at once.

Despite the fact that almost every third door on the street is decorated with the inscription "Closed", the owners of the premises still expose them at rather high rental rates - from 1,5 to 2,8 rubles. per sq. m.

Market experts are confident that the trend towards a gradual decrease in the number of street retail facilities in the current crisis will only gain momentum.

According to the IAA "UralBusinessConsulting", which explores the central streets of Yekaterinburg in search of "crisis zones" - places where outlets are massively closed, catering facilities ...
5
1
Rating

Latest News

Trend Island department store opened in Moscow in the Evropeisky shopping center

In mid-April, the opening of the second Trend Island department store took place in one of the key shopping centers of the capital, in the Evropeisky shopping center. The first department store with a focus on presenting collections of clothing, shoes and accessories from Russian designers was…
25.04.2024 11

The qualifying round of the Shoes-Style competition for footwear and accessories designers took place in Moscow.

On April 23, the qualifying round of the international competition of shoe and accessory designers “Shoes-Style” took place. At the site of the competition organizer, Russian State University. A.N. Kosygin demonstrated 70 collections of participants...
25.04.2024 22

Major players in the sportswear and footwear market are experiencing a slowdown in sales

The sportswear segment was not immune to the effects of inflation: in 2023, sales of the main players slowed down, writes...
23.04.2024 282

Portugal overtakes Spain in shoe production

Portugal has become the second largest shoe producer in Europe, overtaking Spain. According to Eurostat, Portugal produced 2022 million pairs of shoes in 85, two million more than its Spanish rival, writes...
23.04.2024 1219

Puma has released a commercial version of the biodegradable Re:Suede sneakers

After two years of its biodegradable footwear pilot program, German sportswear and footwear manufacturer Puma has released a commercial version of its biodegradable Re:Suede sneaker...
23.04.2024 1254
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning