25 Quotes by Patrice Duker
- Author Patrice Duker
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We've seen gyms go in as anchors. We've seen day spas go in.
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When you combine all stores into one brand, you have the economies of scale. It's a very smart move.
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We just have to be mindful that what works for one center may not work for another center, because (security) is very site-specific. Overall, what they're trying to do is ensure it's a secure environment for everyone.
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It certainly provides them a simple opportunity to draw customers that do not typically go to the mall in January. It helps build that traffic. It is a great tie-in. They also are celebrating that Detroit has it. You all are going to be the highlight.
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Overall, the industry still has a lot of strength behind it. I don't think we're in trouble. When you have a calendar shift, you see changes in consumer spending patterns, which is what we saw in March.
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Restaurants and theaters are part of the mall-mix gathering steam since the late 1990s, allowing malls to open up to a whole new set of consumers.
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Malls are trying to be something to everybody.
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This year, we're seeing an even more concerted effort than usual to invest in properties, especially among the largest companies.
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What it shows is the Easter shift is working positively for April.
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