Amazon is reportedly in talks with the US largest mall operator to convert empty department stores into distribution centers.
Mall landlords typically prioritize finding tenants that will bring in new customers and attempt to drive foot traffic to the mall. While Amazon fulfillment centers would only draw their own employees.
Therefore, even through the impact on the overall mall is uncertain,smaller mall retail units may not do well if the foot traffic and the store sales continue to fall with no destination anchor bringing in customers.
The Mall Company is a real estate agency in Phnom Penh and is considered as Cambodia’s commercial and retail leasing specialist for shopping complexes, from the smallest boutique retail plazas to the largest shopping centers. We provide full and exclusive property management from retail management, leasing, marketing and retail consultancy. The Mall Company is working with a strong team to develop all our projects to become unique retail destinations in Cambodia.
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