Movie Theaters Put Pressure on Shopping Mall Revenues

In Mexico, most shopping malls have three anchor stores: movie theaters, department stores and supermarkets.

According to the SiiLA Mexico, of the 4.7 million square meters occupied by 127 shopping malls located in the country's three main cities, cinemas occupy almost 8 percent.

Daniela Portillo, senior retail analyst at SiiLA, said that in the event of the closure of cinemas in some malls, the variety of tenants should help maintain affluence.

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