Petersburgers less likely to visit shopping centers
28.07.2014 4192

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

Coccinelle introduces a new bag and a new logo

C-ME is the name of the new bag from the Italian luxury brand of shoes, bags and accessories Coccinelle. The central element of the design is the new brand logo, the letter…
07.11.2024 101

With Trump's victory, Americans' spending on shoes could increase by $10,7 billion a year

Following the release of information about the preliminary results of the US elections and the likely victory of Donald Trump, the National Retail Federation of the States hastened to warn about what this could mean for the American footwear industry and for…
06.11.2024 164

British department store Selfridges is going through a difficult period

Pre-tax losses at luxury department store Selfridges owner Cambridge Retail Group Holding Limited more than doubled to £340,3m in the year to 3 February 2024, up from £126,2m in the…
06.11.2024 177

Birkenstock x Filson Collaboration Takes You Back to Your Roots

The rustic style, as something unshakable and close to the handicraft, was reflected in the collaboration between Birkenstock and the Seattle clothing brand Filson, known for its flannel plaid shirts and “farm”…
05.11.2024 1227

A virtual fitting room has appeared in TSUM

The virtual fitting room DRESSCODE, developed by VRTech, has appeared on the fifth floor of the capital's luxury department store TSUM. The digital platform combines online and offline spaces, and there have been no solutions of this level on the Russian market before…
05.11.2024 1203
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning