London Shopping Bounces Back
Milton Keynes, U.K, According to figures from SPSL’s retail Traffic Index, shopper numbers inside London’s congestion zone in the days following the July 7 bombings have shown Londoners to be surprisingly resilient. The Milton Keynes, U.K.-based firm expected the shopper traffic to drop by about 50% for possibly a week after the incident. Instead, after a steep 74% decline in year over year traffic on the day after the bombings, the declines remained below 27%.
“Londoners have drawn a line in the sand,” said Dr. Tim Denison, director of knowledge management at SPSL. “However, despite this ‘Blitz Spirit,’ numbers are unlikely to climb back fully to pre-July 7 comparisons within a few weeks.”
SPSL measures customer traffic at more than 1,750 retail premises in the UK each year.
The Mills Corp. Opens Pittsburgh Mills
Arlington, Va., Mills Corp. opened Pittsburgh Mills in Frazer Township, Pa., 16 miles northeast of Pittsburgh. This will be the first property owned by the Mills Corp. to have both an enclosed regional mall and an adjacent open-air center.
Galleria at Pittsburgh Mills, the enclosed mall, is 1.1 million sq. ft. and houses more than 175 retailers. It is the first Mills property to house full-price department stores such as J.C. Penney and Kaufmann’s. Galleria also will include retail stores new to the Pittsburgh area, including Forever 21 and Johnny Rockets.
The Hits Keep Coming: Myinks.com Moves Fastest
New York City, The site www.myinks.com jumped 15,934 positions to the rank of the 2,048th most visited retail Web site for the week ending on July 9. The increase in market share for the on-line inkjet superstore of 740% made it the fastest moving retail Web site of the week, according to Hitwise.com, the on-line intelligence firm. 101inks ranked third among fast movers, with an increase in market share of 478%.
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