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Shopping center attendance before 1 September decreased by 23%
08.09.2014 3745

Shopping center attendance before 1 September decreased by 23%

Moscow retail missed 23% of buyers before September 1, according to the Shopping Index, regularly published by Watcom. It takes into account the average number of buyers per 1000 square meters of floor space in large shopping centers. There are more than 60 of them in the sample, including Metropolis, Pike, Afimall City and others.

“We were waiting for the traditional splash before September 1. All shopping centers were preparing for it. Traffic has increased, but not much. The attendance trend is still negative, ”says Roman Skorokhodov, President of Watcom.

Retailers attribute the decline in numbers to a slowdown in consumer lending growth. According to Home Credit Bank, last year, about 10% of loans issued in sales centers were spent by buyers on the purchase of shoes, 43% - on electronics and household appliances. Now this figure is decreasing due to the debt burden of the population. According to the Deputy Chairman of the Bank of Russia Vasily Pozdyshev, Russians today spend 21% of their income on servicing loans. This figure is 2-7 times higher than in developed countries.

Moscow retail missed 23% of buyers before September 1, according to the Shopping Index, regularly published by Watcom.
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