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Retail

Mall traffic started dropping in early March ahead of lockdowns

March 24, 2020

Footfall to shopping malls during the second week of March 2020 as compared March 2019 from Placer.ai report. Image courtesy of Placer.ai Footfall to shopping malls during the second week of March 2020 as compared March 2019. Source: Placer.ai

 

By Dianna Dilworth

Foot traffic to shopping malls was dropping as early as the first week of March, signifying a major slowdown for luxury retailers even before the coronavirus shutdowns were being felt across the United States.

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