Washington Prime CEO Says Malls Need to Diversify Tenants
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common issue faced by malls across different locations?
Lack of parking space
Concentration of certain retail categories
Poor customer service
High maintenance costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is tenant diversification crucial for mall owners?
To increase the number of stores
To reduce operational costs
To enhance mall survival and profitability
To attract more tourists
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of tenants are being introduced to improve mall operations?
Luxury fashion brands
Lifestyle tenants
Tech startups
Automobile showrooms
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What innovative strategy is being used to attract new tenants?
Building additional floors
Utilizing common areas for pop-ups
Offering free rent for a year
Providing exclusive marketing campaigns
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the urgency in attracting new types of tenants?
To fill vacant spaces quickly
To diversify and optimize tenant mix
To compete with online shopping
To increase foot traffic
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