Centres boost trade - shoppertainment

Posted On Wednesday, 28 February 2001 03:01 Published by
Rate this item
(0 votes)
'SHOPPERTAINMENT' appears to be paying off for major centres.

'SHOPPERTAINMENT' appears to be paying off for major centres. Stores at Menlyn Park in Pretoria reported that turnover rose 72% on average during the December period against year-earlier figures, with 1,4-million people passing through the centre.

This was more than double the 1999 monthly average of 650000. Its 15-screen cinema complex proved a major draw card.

Cape Town's recently opened Canal Walk, meanwhile, attracted 5,7-million visitors in its first 12 weeks of trading.

The Gateway complex, north of Durban which will have an 18-screen complex run by Ster Kinekor, five Cinema Nouveau screens and an Imax theatre, as well as sports and family entertainment zones is also expected to be a major crowd-puller when it is completed later this year.

Publisher: Business Day
Source: Business Day

Most Popular

Five things you need to know about the repo rate

Jan 28, 2021
The South African Reserve Bank has just announced that it is holding the repo rate…

SA REIT Association - Chairman's message and 2021 sector outlook

Feb 02, 2021
Estienne de Klerk_Chairman of SAREIT
Real estate has long been a rewarding sector of the financial markets. Like all sectors,…

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
If the past year has taught us anything, it is how important our homes have become to us.

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Such is the consistent high demand for centrally located, well-priced residential…

Please publish modules in offcanvas position.