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Overall shopper numbers had been still weaker in comparison with pre-pandemic figures, with footfall 14.9% lower than 2019 levels, reflecting the hit to family spending from inflation and the shift in path of online shopping. After overcoming pandemic-era challenges which broke the again of physical retail, the sector bounced back in 2022, displaying outstanding resilience. We’re seeing a serious shift this yr, with soaring gross sales, tech improvements, global partnerships, and strategic investments which would possibly be reshaping the panorama. With practically 60 new shopping malls, encompassing over 23 million sq.
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