Vacancy in street retail on Arbat has reached a minimum of 5%
13.10.2023 2882

Vacancy in street retail on Arbat has reached a minimum of 5%

Analysts from the consulting company NF Group analyzed the structure of tenants on Arbat Street in Moscow. According to the study, at the end of September 2023, the share of vacant retail space in the street retail format was the lowest in the last four years and amounted to 5%. The main tenants on Arbat are catering establishments (51%) and gift/souvenir shops (14%).

Arbat is one of the most visited streets in Moscow by tourists, which is why it remains the focus of attention for retailers. The recognition and popularity of the street attracts both large brands and small entrepreneurs who want to open their own shops, restaurants and cafes.

The number of vacant spaces on Arbat is decreasing every year. Today, the vacancy rate is 5%, having decreased by 7 percentage points. in nine months. This value is one of the lowest on the central streets of Moscow. This downward trend in vacancy indicates high demand for retail outlets in this historic area of ​​the city.

The reduction in vacant space on Arbat is due to the active development of retail. The main tenants on Arbat are catering establishments (51%) and gift/souvenir shops (14%). The smallest share among tenants is occupied by representatives of the categories “pharmacy/optics,” “banks,” “beauty salons,” and “clothing and shoe stores.” Each of them accounts for 1% of all retail space on Arbat. In particular, on the most popular pedestrian street of the capital, for many years now there has been a brand store of the Russian shoe brand Ekonika.

Analysts from the consulting company NF Group analyzed the structure of tenants on Arbat Street in Moscow. According to the study, at the end of September 2023, the share of vacant retail space in the format...
5
1
Rating

Latest News

Street Beat advertised white sneakers.

Multi-brand retail chain Street Beat has released another advertising campaign to promote its sneaker line. The campaign stars Russian rapper John Garik, who is currently on a 26-city tour.
15.05.2026 388

The leitmotif of the Dior Cruise 2027 collection was a floral theme.

For Dior's Cruise collection, which debuted Wednesday in Los Angeles, Jonathan Anderson and his footwear design director, Nina Kristen, continued the floral theme that marked their previous…
15.05.2026 1584

Shoes Style has concluded in Moscow.

The 33rd International Shoe and Accessories Design Competition, Shoes Style, annually organized by the A.N. Kosygin Russian State University of Technology and Design, has concluded. Around 70 designers participated. Yesterday,…
14.05.2026 526

The semi-finals of the Shoes Style footwear and accessory designer competition took place in Moscow.

Yesterday, the semifinals of the 32nd International Shoe and Accessories Design Competition, Shoes Style, took place at the A.N. Kosygin Russian State University in Moscow. The competition showcased the work of university students studying design, engineering, and…
13.05.2026 795

Hey Dude is opening a country-themed store in Texas.

The once-Italian moccasin brand Hey Dude, acquired by Crocs Inc. in 2021, is gradually acquiring an American identity. The brand's first full-scale store, "Hey Dude Country," opened in Austin, Texas.
12.05.2026 905
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning