By Noted Thinking a division of E+I
The world of retail is changing very fast. Discretionary income is under pressure and social habits are changing. Is it still cool to hang out in a shopping centre and while away the time buying stuff and perhaps enjoying a meal? The USA might be ahead of the trend curve because of the aggressive development of retail space especially in the form of shopping centres. This was great while people still enjoyed these spaces but something is changing. These changes may be headed to South Africa. Is conspicuous consumption still an end in itself? Will our shopping centres endure? Are people looking for new forms of entertainment and expression? The Retail Report takes a concise look at these issues using a collection of revealing data points.