Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Analysis: Does spending more and visiting less make retail sense?

  • Debnath Guharoy


  /   Tue, June 8 2010   /  10:49 am

An occasional walk through some of Jakarta’s high-end shopping malls always makes me wonder how some of the shop-owners pay their bills. You can see the bored staff, you can hear the air-conditioner humming, you can almost feel the losses mounting because there isn’t a shopper around. It’s a business I don’t understand. When I look at the information produced by the Roy Morgan Single Source survey, I wonder who’s paying the bills for all those glossy designer-label stores.In 2006, 21 percent of the population had visited a shopping mall in the “last four weeks”. This year, it’s down to 14 percent. In 2006, 15 percent of the population had actually bought something at a shopping mall. This year, it’s down to 10 percent. Even though the country’s population is growing each year, the number of visitors as well as buyers, are actually declining. Despite that trend, some m...