Trading density levels at more than 4.1 million square metres of prime retail space in South Africa dipped further in the first quarter of 2024 but the rate of contraction was more muted than in the last six months of 2023.

Despite the harsh economic and social climate, the longer-term trend in trading densities (sales per square metre) in more than 100 shopping centres in South Africa and Namibia shows a clear improvement since the 2020/21 Covid-induced downturn in performance. 

Creativity is on the march across the retail landscape as sector players get to grips with shifting consumer values and influences in the wake of the Covid-19 pandemic.

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