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Are shopowners making money at Garden City mall?
Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Are shop owners making money in this mall, every time I pass there the parking is empty and by design it's too far for pedestrians? Went to a bank on a Saturday afternoon the mall was empty compared to TRM or SARIT at the same time. To Each His Own
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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kayhara wrote:Are shop owners making money in this mall, every time I pass there the parking is empty and by design it's too far for pedestrians? Went to a bank on a Saturday afternoon the mall was empty compared to TRM or SARIT at the same time. Keep your lanes. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Impunity wrote:kayhara wrote:Are shop owners making money in this mall, every time I pass there the parking is empty and by design it's too far for pedestrians? Went to a bank on a Saturday afternoon the mall was empty compared to TRM or SARIT at the same time. Keep your lanes. Peeps will close shop....like galleria I see new shops almost every month... possunt quia posse videntur
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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maka wrote:Impunity wrote:kayhara wrote:Are shop owners making money in this mall, every time I pass there the parking is empty and by design it's too far for pedestrians? Went to a bank on a Saturday afternoon the mall was empty compared to TRM or SARIT at the same time. Keep your lanes. Peeps will close shop....like galleria I see new shops almost every month... The bubble, expensive office spaces! Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 1/22/2015 Posts: 682
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kayhara wrote:Are shop owners making money in this mall, every time I pass there the parking is empty and by design it's too far for pedestrians? Went to a bank on a Saturday afternoon the mall was empty compared to TRM or SARIT at the same time. Outside of food courts and supermarkets, very few shop owners make money in high end malls. Just take a look for yourself, very little traffic in these shops, and any retailer, luxury or not, depends on a high level of traffic to make good money. Many of them are for laundering purposes, or to keep a few family members busy, or for vanity in the case of big brands.
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Rank: Elder Joined: 12/17/2009 Posts: 3,583 Location: Kenya
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Mike Ock wrote:kayhara wrote:Are shop owners making money in this mall, every time I pass there the parking is empty and by design it's too far for pedestrians? Went to a bank on a Saturday afternoon the mall was empty compared to TRM or SARIT at the same time. Outside of food courts and supermarkets, very few shop owners make money in high end malls. Just take a look for yourself, very little traffic in these shops, and any retailer, luxury or not, depends on a high level of traffic to make good money. Many of them are for laundering purposes, or to keep a few family members busy, or for vanity in the case of big brands. I once run a small clothes shop in one of the towns, it was not very busy in terms of foot traffic but the few that came in were almost sure to buy something and that kept the shop running - the specialty retailers do not need lots of foot traffic, the margins are high enough.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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One of the large local chains told me they opened in Garden City as they had to...for the sake of PR. Currently they can't even cover rent from sales, but since pockets are deep its like a marketing expense. P.s. rent is charged in USDollars. Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 9/2/2010 Posts: 845
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Mall doesnt look too inviting especially for watu wa mguu. Very different setup from TRM. I think a see through fence would have helped otherwise place looks like a fortress. Guess this shows you can have too much security. Of course TRM's surroundings have a much larger population of potential clientele compared to Garden City. Then Garden Ciy has to contend with the much smaller but formidable Mountain Mall across the road with its steady stream of loyal clients from Garden Estate, Thome etc. All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Parking Fees puts me away from Garden City Mall and TRM. Free parking at Ridge Ways Mall and Mountain Mall very welcoming. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 1/22/2015 Posts: 682
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nakujua wrote:Mike Ock wrote:kayhara wrote:Are shop owners making money in this mall, every time I pass there the parking is empty and by design it's too far for pedestrians? Went to a bank on a Saturday afternoon the mall was empty compared to TRM or SARIT at the same time. Outside of food courts and supermarkets, very few shop owners make money in high end malls. Just take a look for yourself, very little traffic in these shops, and any retailer, luxury or not, depends on a high level of traffic to make good money. Many of them are for laundering purposes, or to keep a few family members busy, or for vanity in the case of big brands. I once run a small clothes shop in one of the towns, it was not very busy in terms of foot traffic but the few that came in were almost sure to buy something and that kept the shop running - the specialty retailers do not need lots of foot traffic, the margins are high enough. You ONCE ran a clothes shop... so it closed down? And you seem to imply that with a high end shop the goal is to make enough just to keep the shop running. I think if I'm setting up shop in a place that costs upwards of 200bob per square foot, that place better be raking in the mullah
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Are shopowners making money at Garden City mall?
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