Colliers Finds Wellness May Drive Traffic for Shopping Malls

Like ants at a picnic, the cross-generational consumer appetite for fresh — in the growing health and wellness category — may be of interest to mall owners, department stores and any stagnating retailer. In its summer 2019 retail spotlight report released to WWD, Colliers International identified a few stark evolutions of the shopping center — consumers want (or perhaps, desperately need) wellness advice centers and meditation spaces. The report is authored by Anjee Solanki, national director, retail services at Colliers International; Andrew Nelson, chief economist at Colliers International, and Neil Saunders, managing director and retail analyst at GlobalData Retail. Condensing and analyzing the overall wellness trend, Colliers finds services such as medical clinics, IV hydration studios, napping lounges and beauty spas as desirable for both mall owner and consumer – and further incentivized under one roof. Surveying 2,000 consumers, GlobalData found that nearly 86 percent of consumer want access to health product shops, with more than half (or 56 percent), “totally, likely” to frequent a so-called “wellness department store.” And the rise of wellness and health stores continues. Colliers and GlobalData survey consumers on what they want from malls.  Courtesy Image “They take smaller spaces and are willing to pay market rent,” Solanki said to WWD.

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