Petersburgers less likely to visit shopping centers
28.07.2014 3996

Petersburgers less likely to visit shopping centers

According to a study by analysts at Watcom, the Shopping Index in St. Petersburg was slightly lower than in Moscow.

Experts attribute the lag in performance of St. Petersburg to Moscow due to the fact that in the northern capital the saturation of retail space is higher, which leads to higher competition.

The data on attendance as a whole correspond to both the indicators of retail trade turnover and the dynamics of incomes of the population of St. Petersburg.

Currently, real incomes of citizens are declining compared to last year. As a result, the population rarely visits shopping centers. Therefore, the Shopping Index throughout 2014 is at a level lower than in 2013.

The seasonal factor also has an effect on indicators. Attendance during the summer months is traditionally reduced due to vacations and weather conditions. People tend to spend more time outdoors and out of town.

The drop in attendance from January to June 2014 compared to the same period in 2013 was more than 20%. Compared to last year, the retail trade turnover in St. Petersburg in January - June 2014 amounted to 99,3%, the wholesale turnover - 89%.

According to a study by Watcom analysts, the Shopping Index in St. Petersburg turned out to be slightly lower than in ...
5
1
Rating

Latest News

Crocs and Irish brand Simone Rocha launch first collaboration

Simone Rocha has redesigned three classic Crocs silhouettes, including the Siren Clog, the iconic Croc and the Quick Trail. The collection will go on sale on April 10. Crocs models, interpreted by the Irish designer, are decorated with the signature…
29.03.2024 160

Fashion house Valentino has named its new creative director

Italian designer Alessandro Michele, who left Gucci last November, has been appointed the new creative director of the fashion house Valentino. Valentino announced the new appointment about a week after the resignation of the previous one...
28.03.2024 161

Results of the series of International Shoe Exhibitions SHOESSTAR AUTUMN-WINTER 2024/2025

The next season of the SHOESSTAR footwear and leather goods exhibitions has ended - autumn-winter 2024/25. This time the series included 5 exhibitions, which took place from mid-February to mid-March 2024 in Khabarovsk, Yekaterinburg,…
28.03.2024 183

EKONIKA increased revenue by 51% in January-February 2024.

The EKONIKA network notes a significant increase in revenue; in the first two months of 2024 it increased by 51%. Vice President of Novard Group of Companies (owns EKONIKA) Sergei spoke about this at the Retail 2024 conference...
28.03.2024 216

An increase in the number of new openings in the fashion retail segment is noted in St. Petersburg

According to Nikoliers, in the first quarter of 2024, the activity of tenants in shopping center areas increased in St. Petersburg. Moreover, more than half of all openings - 25 out of 45 were in fashion retail, writes...
28.03.2024 230
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning