Mall crowd under ‘new normal’ buoys retailers’ confidence

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By: Philippine Daily Inquirer

It may take a while before retailers see pre-2020 crowds in stores, but the foot traffic in the malls March 1, as Metro Manila and other key areas eased to the “new normal,” was quite encouraging, according to retail leaders.

Steven Tan, president of SM Supermalls, noted that their malls were markedly busier on Tuesday than recent weekdays, with a steady flow of customers coming in throughout the day. He added that restaurants in their properties were 90- to 100-percent full, with queues as early as 11:30 a.m.

“This is reflected by our foot traffic numbers. Many of our malls in alert level 1 areas saw double-digit increases in their foot traffic compared to the previous Monday,” Tan told Lifestyle via text message.

“These increases were felt not only in our flagship malls like Megamall and Mall of Asia, but also in community malls across the country like Marikina, Pampanga, Dasmariñas (Cavite) and Davao,” he added.

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