In 2022, shopping malls experienced whiplash after a post-pandemic boom was met with increasingly difficult economic headwinds, according to a new report from foot traffic-analytics firm Placer.ai, titled Placer.ai Mall Indexes - December 2022 Recap. But during the final month of the year — and in many respects, the busiest period, given the holiday shopping season — shopping malls did see a surge in foot traffic. Many malls displayed “impressive resilience,” the report notes, despite economic challenges for consumers. All in all, the signs are generally positive for malls.
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