Shoppers piled into shopping malls of all types during the month of May — compared to last year, according to Placer.ai’s Mall Index, titled Placer.ai Mall Index: May 2024 Recap - Mall Visits on the Rebound.
In May, indoor malls, outlet malls, and open-air shopping centers all saw significant year-over-year (YoY) visit increases – providing further evidence that April’s slowdown was due to an Easter holiday calendar shift, rather than any real category weakness.
Both Mother’s Day and Memorial Day drove substantial visit spikes across mall