{"id":161899,"date":"2019-07-19T16:32:34","date_gmt":"2019-07-19T16:32:34","guid":{"rendered":"https:\/\/www.theindustry.fashion\/in-depth-the-shopping-centres-thriving-in-the-retail-down-turn\/"},"modified":"2021-08-12T14:02:19","modified_gmt":"2021-08-12T14:02:19","slug":"in-depth-the-shopping-centres-thriving-in-the-retail-down-turn","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/in-depth-the-shopping-centres-thriving-in-the-retail-down-turn\/","title":{"rendered":"In-depth: the shopping centres thriving in the retail down turn"},"content":{"rendered":"
While shopping centre operators have taken a \u00a32.7 billion hit in the last year due to struggling retailers and CVAs aplenty, as recent figures from Growthdeck Property\u2019s investment arm have revealed, there are certain centres that are bucking the trend and fighting back with investment, innovation and appeal<\/strong> to their local audiences.<\/p>\n <\/p>\n Liverpool ONE and centre:mk in Milton Keynes are two such centres that are seemingly on the up, and rising to the new retail challenges in the digital age. Indeed, centre:mk\u2019s footfall enjoyed a total footfall increase of 3.4% to 25 million<\/strong> a year, and increased footfall of 6.5% year on year since the opening of Primark\u2019s latest store in the shopping centre. It must be doing something right.<\/p>\n \u201cAcross the retail landscape it\u2019s crucial that shopping centres focus on creating a brand experience<\/strong> that consumers can\u2019t get online,\u201d says Kevin Duffy, centre director for centre:mk.<\/p>\n