He argues
increased e-commerce spending has hurt
foot traffic in malls and other brick - and - mortar stores, not
only domestically but also abroad.
Not
only were there more stores than last year, but same - store sales — a combination of
foot traffic and guest bill —
increased 4.9 % at company locations and 3.9 % at domestic franchise locations.
In a smaller unanchored center, for example, «you
only need one of the very popular, 2,500 - square -
foot restaurant concepts to anchor the property and create the
increased traffic other tenants want,» says David Andrews, CCIM, a partner in the Richmond, Va., office of The Shopping Center Group.