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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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  1. Preparing to reignite your luxury business post-pandemic
  2. Fashion sites show slow signs of life after March drop-off
  3. Luxury executives expect shutdowns to go on for months
  4. Kering’s Pomellato, DoDo jewelry brands, with $109K donation, take stand against domestic abuse in housebound Italy
  5. Bloomingdale’s parent Macy’s teeters on edge, furloughs almost all employees
  6. Neiman Marcus Group, ravaged by COVID-19 lockdown, to furlough or cut salaries of most employees
  7. Marketing during the economic downturn
  8. “Slow fashion” term gets 90M social impressions in shopping-behavior shift: Lyst report
  9. 20 tips for luxury brands to remain relevant during the COVID-19 lockdown
  10. Jaguar Land Rover, Net-A-Porter, Pomellato, DoDo, CARES Act and Capri Holdings
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