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Malls get creative to draw more shoppers in tough economy Feel such as riding a new journey prior for you to determining to hit the shoe department? Want to trap a new jousting match after browsing with regard to jeans? One-stop purchasing has taken on new meaning as malls, seeking clean ways to revive declining business, possess hit in a new strategy: Why certainly not blend retail store shopping using full- blown entertainment? Consumer confidence is near record lows and many stores' revenue are generally means down, thus retailers along with mall owners are generally pursuing fanciful new approaches to lure shoppers. The Particular more people they are in a position to attract, and also the more time these people are in any position in order to keep these there, regarding course, the actual much much more likely that they are heading to buy. As entertainment becomes more central towards the shopping-mall experience, malls possess sought out venues and also shops that advertise to draw in crowds and are ready to bear a couple of regarding the cost for you to discover his or her whereabouts realized. There's absolutely no question suppliers are generally struggling. The International Council of Purchasing Centers projects 144,000 store closures this year -- up 7% coming from final year. That's the actual largest boost within the 14 years that the council has tracked your data. "It's the difficult environment pertaining to just about all retail," says Michael Niemira, the actual council's chief economist. "It's fair for you to state that your mall market has been hurting." Traditional malls now create up less than 16% involving all round store sales, down from nearly 40% within the mid-1990s, estimates Craig Johnson, CEO regarding Client Growth Partners, a list consulting firm. "It's important for mall owners to continuously renew (and) reinvent themselves to always be able to maintain excitement as well as newness for clients and to reflect how consumers just like to look today as well as what their demands are," Johnson says. From the Bow Wow Vows event from Aspen Grove Lifestyle center within Denver, which usually set

Malls get creative to draw more shoppers in tough economy

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Page 1: Malls get creative to draw more shoppers in tough economy

Malls get creative to draw more shoppers in tough economy

Feel such as riding a new journey prior for you to determining to hit the shoe department? Want totrap a new jousting match after browsing with regard to jeans?

One-stop purchasing has taken on new meaning as malls, seeking clean ways to revive decliningbusiness, possess hit in a new strategy: Why certainly not blend retail store shopping using full-blown entertainment?

Consumer confidence is near record lows and many stores' revenue are generally means down, thusretailers along with mall owners are generally pursuing fanciful new approaches to lure shoppers.The Particular more people they are in a position to attract, and also the more time these people arein any position in order to keep these there, regarding course, the actual much much more likelythat they are heading to buy.

As entertainment becomes more central towards the shopping-mall experience, malls possess soughtout venues and also shops that advertise to draw in crowds and are ready to bear a couple ofregarding the cost for you to discover his or her whereabouts realized.

There's absolutely no question suppliers are generally struggling.

The International Council of Purchasing Centers projects 144,000 store closures this year -- up 7%coming from final year. That's the actual largest boost within the 14 years that the council hastracked your data.

"It's the difficult environment pertaining to just about all retail," says Michael Niemira, the actualcouncil's chief economist. "It's fair for you to state that your mall market has been hurting."

Traditional malls now create up less than 16% involving all round store sales, down from nearly 40%within the mid-1990s, estimates Craig Johnson, CEO regarding Client Growth Partners, a listconsulting firm.

"It's important for mall owners to continuously renew (and) reinvent themselves to always be able tomaintain excitement as well as newness for clients and to reflect how consumers just like to looktoday as well as what their demands are," Johnson says.

From the Bow Wow Vows event from Aspen Grove Lifestyle center within Denver, which usually set

Page 2: Malls get creative to draw more shoppers in tough economy

the particular Guinness world record regarding mass dog weddings final year, for you to InflatableWorld, a topic park involving inflatable attractions within the parking large amount of WestfieldMission Valley in San Diego, malls seem to be seeking just about everything.

Foot visitors with malls declined for any year beginning throughout March 2007, climax ticked upfor that past 3 months, says Bill Martin, co-founder of ShopperTrak, an investigation firm.

One theory why it's rebounded slightly: Gas, food and other prices are way up, so individuals arejourneying much less looking closer for you to house pertaining to entertainment.

Here's what several malls are trying:

oThemed fun. Krazy City, an indoor park, provides rides, arcades, a new full-service restaurant andfrequently other attractions, such as miniature golf or even bowling. the park previously featuresfour areas -- a pair of in Ny and something every within Connecticut along with Ohio -- as well asexpects to open 2 further locations this coming year and more inside 2009.

Wannado City, in the Sawgrass Mills mall inside Sunrise, Fla., furthermore has its eye aboutexpansion. Your role-playing theme park creates a area for its Kidizens, permitting these phonespick from a massive choice of professions. Since its opening within 2004, your park featuresreceived more than 600,000 guests a year, says Claudia Vargas, a marketing coordinator. Yourorganization can be opening a new second park and it has plans to grow all through your UnitedStates.

Kids aren't the sole target audiences with regard to entertainment venues. Medieval Times, which inturn offers places in two malls (in Georgia and Maryland), stresses enjoyable pertaining to entirefamilies. Its supper theater transports clients for the middle Ages for any meal and also joustingshow.

And 300, the for-adults bowling alley, club, sports bar as well as bistro rolled directly into one, canbe found at the Oakridge Mall in San Jose.