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What is the difference between shopping malls and high-street retail?

Shopping malls and high-street retail serve different business models, each with distinct advantages:

  • Shopping Malls:
    • Large-scale, planned retail destinations offering fashion, electronics, dining, and entertainment.
    • Controlled environment with air-conditioning, security, and promotional activities.
    • Often owned by real estate developers and leased to brands.
    • Higher maintenance but consistent footfall through anchor stores and events.
  • High-Street Retail:
    • Standalone retail outlets located in prime areas with high pedestrian traffic.
    • Preferred by luxury brands and flagship stores for direct brand visibility.
    • Lower maintenance costs but higher rental costs per square foot.
    • Footfall driven by office-goers, tourists, and local residents.

Both formats are expanding, with malls evolving into lifestyle destinations and high-street retail commanding premium positioning in major cities.

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