Shopping centres lost 30% of their revenues in 2020
01 February, Mark Up
Cncc, the National Council of Shopping Centres in Italy, estimates that the industry in 2020 lost 30% of its revenues compared with 2019. Cncc surveyed 233 shopping centres for a total of 8,534 shops. Such a result is not surprising, considering that, due to the Covid restrictions, many businesses had been operational only for four months over the past year.
Source: Mark Up
Translator: Cristina Ambrosi