Outdoor Shopping Center Sales Inch Closer to Pre-Pandemic Levels, While Indoor Malls Have Better Quality of Visitors

Outdoor shopping centers continue to be the preferred retail experience for consumers. By the end of August, consumer traffic was down only 24.6% at outdoor shopping malls compared to pre-pandemic foot traffic, according to research from Placer.ai. This is a significant recovery from March and April when outdoor foot traffic was down nearly 100%. Indoor malls have not fared as well. The same report shows that indoor mall foo traffic, while also vastly improved from March and April, is still down 37.2% from pre-pandemic levels.