×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Shopping malls must adjust to lifestyles changes to survive

Two Rivers Mall

Emerging lifestyle trends and demands of modern living are steadily transforming the way people live, shop, work, eat, enjoy leisure and entertainment and interact.

One sector of the economy that must adjust and respond to this change is real estate, especially investment in shopping malls. Indeed, the fall of Nakumatt and scaling down of Uchumi Supermarket’s outlets demonstrates that over reliance on the so-called anchor tenants for mall developers may not be tenable in future.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902