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Garden City Thika Road
Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Quote:Wrong, to the rich, shopping is an event..they take a drive to go shop..watch a movie...eat...not walk over or just cross the street to take pictures. Most malls in Kenya are filled with idlers. Would like to know how much the shops in the malls are raking in. http://www.theguardian.c...-american-shopping-mall[/quote] Here is an article <<<RINK>>>in response to the Guardian article. And it says the malls will not die, especially so in developing countries. In my opinion as the nairobi CBD continues to decay and become infested with hawkers, street urchins, also maddening traffic, people will move to the malls to get goods and services that they were getting in the CBD. We should note that it is the businesses that were based at the the CBD that are relocating to the malls. Therefore if you want to do your weekly grocery shopping, you go to the nakumatt/tuskys/naivas/uchumi at the mall, shoes you go to bata at the mall, a suit you go to Sir Henry's etc at the mall, furniture/TVs the mall, text books you go to the mall, banking you go to your bank at the mall, coffee to java/ art caffe at the mall. Safaricom etc. Even to see a doctor you go to the Aga Khan Hospital clinic or Mater clinic at the mall. Also people/families will always want a clean safe environment where they can hang out/stroll, shop/window shop, grab some lunch, meet friends, watch a movie etc, and generally unwind. Many years ago people used to travel to the CBD for that. But now people are doing it at the mall. Malls are not just shopping centres, but they also play an important social and community role. As the town expands and people move to the surburbs, malls will follow them. Also as more people get to live in constrained/confined spaces in flats/apartments, they will need a place away from the apartment block to hang out/ walk/stroll, unwind and relax, and a mall is a perfect place. What Nairobi and the outskirts need are more malls.
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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C&P
Malls are on the march in many of the world’s biggest cities, including Istanbul, Mumbai, Singapore, and Dubai. Today Asia is the site of seven of the world’s 10 largest malls, in places like Beijing, Dubai, and Kuala Lumpur.
In the developing world, malls grow as local shopping streets either gentrify or decay. This is particularly true in fast-growing developing countries where malls are often seen as an escape from hot, humid, dirty and even dangerous urban environments. Indian novelist and Mumbai blogger Amit Varma suggests that these folks like malls “because they are relatively clean and sanitized” as opposed to the city’s pollution-choked, beggar-ridden and often foul-smelling streets.
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Rank: Veteran Joined: 6/23/2014 Posts: 1,652
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One factor to consider is the culture of the people where a mall is set up.In the developed countries or even countries like SA,there is a culture of going out to eat as a family.Most consumer eat in malls-KFC,Nandos etc.In Kenya,we have a culture of eating at home.Only when we are 'treating' our loved ones or going on a date,do we take them for outing in these malls mostly over the weekend.Coffee shops like Java have become very popular due to convenience and ability to have business and personal meetings there. Hutia Mundu!!
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Rank: Member Joined: 1/20/2015 Posts: 489 Location: Nairobi
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Thanks a lot man, thanks a million times!! You have simplified my MBA Thesis next year!!!!! Pewa crate ya Serengeti Beer kwa bill yangu! Enjoy every moment of your life, you never know when your time will come.
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Rank: Elder Joined: 12/17/2009 Posts: 3,583 Location: Kenya
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In the kenyan definition what is a mall, would the old shopping centers, where there were shops surrounding a ka central market be considered an open air mall.
Its funny, because that model has died, might point to kenyans not liking to be tethered in a specific place where they get all their stuff.
The modern malls might go that route also.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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@Jag, after closing down that one sir henry's in town, how many more can he open in the so many malls? How many clients does Sir Henry's have esp now after Kenyans learnt how to go to Turkey Dubai and China. We are not saying that all malls will die...no, rather we now have too many concentrated in one City. Even the occupancy rate is showing "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Hello Joined: 10/19/2012 Posts: 8
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The Kenyan retail market is quite underdeveloped: Between Stalls, traditional shops, vibandas and malls, I guess malls will win! High street shopping has struggled to take root. Shops like Deacons, Mr.Price etc only seem to thrive in the mall environment. Enkarasha couldn't survive on its own in Kenyatta Ave. Not sure how Jade is doing! But I guess malls are here to stay.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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>>>>>>>> http://www.nation.co.ke/.../-/c6m0rmz/-/index.html "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Its a weekend and I don't see many people at the garden city, even the predicted jam is not there although it's boring to drive in from the other side of the road To Each His Own
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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kayhara wrote:Its a weekend and I don't see many people at the garden city, even the predicted jam is not there although it's boring to drive in from the other side of the road The "sightseeing" crowds took enough selfies last week. What we have now are the serious shoppers.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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tour is over, he will flood his social media platforms with his photos, you would think he is a National Geographic cameramen after a trip to the Maasai Mara. Lets check his platforms.  Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Boris Boyka wrote: tour is over, he will flood his social media platforms with his photos, you would think he is a National Geographic cameramen after a trip to the Maasai Mara. Lets check his platforms. Lol got me, I actually didn't go to buy anything just to see what all this hype is an being in construction to see the quality of the building,I didn't take any selfies since all I could see were semi-naked high school age girls in groups on the corridors. To Each His Own
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Safaricom has bought a 5 acre piece at Garden City to put up its headquarters. Building to be ready in June 2018. http://gardencity-nairob.../about-2/business-park/
https://vimeo.com/147090452
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Rank: Member Joined: 1/31/2007 Posts: 304
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How can such an area handle three malls in todays' economy?? What a Dud investment.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Anchor tenant ni nani? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Have you ever heard of market segmentation ?.
They are not serving the same segments and thus how far they are from one another does not really matter.
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