Samsung Galaxy S25 shows why Honor is eating its lunch in SA
Lindsey Schutters
Subscribe & Follow
Advertise your job vacancies
Trending
Liberty Promenade in Mitchells Plain bucks bleak retail trading trend
While the South African Property Owners Association (SAPOA) Retail Trends Report recorded a turnover growth of -4% for the first quarter of 2017, Liberty Promenade in Mitchells Plain has remained resilient producing positive trading density growth year-on-year. The shopping centre's turnover grew by 11% in the year to May 2017 compared to the same period in 2016 and it has reported an improvement in the spend per head.
“Liberty Promenade is a gem," says Belinda Clur, retail strategist and MD of Clur Research International, which evaluates shopping centres. "According to the latest Clur research, the centre outperforms within its class, both in terms of overall trading density and growth levels.”
The 73,400m2 mall, with its more than 170 stores, sees a footcount of more than one million shoppers each month. Plans for the centre include re-sizing and repositioning certain stores and introducing new local and international offerings suitable for its customers. Liberty Promenade is owned by Liberty Two Degrees and Liberty Group Limited.
Related
Liberty Two Degrees shines again at the 2024 Footprint Awards with 22 accoladesTaryn Louche Creative 26 Feb 2025 Clur Index: 2024 ends on a high note for SA's shopping centres 18 Feb 2025 #BizTrends2025: How collaboration between retailers and landlords is shaping customers’ experiences Jonathan Sinden 14 Jan 2025 Shopping centre rental growth closing gap on CPI - Clur Index 25 Nov 2024 Community and smaller shopping centres shine as new retail frontier emerges - Clur Index 6 Sep 2024 #WomensMonth: Melinda Isaacs, seasoned development executive at Liberty Two Degrees Evan-Lee Courie 26 Aug 2024 Milestone as Growthpoint boosts Clur indexCatchwords 1 Aug 2024 Milestone as Growthpoint boosts Clur Index 30 Jul 2024
