CNA·2 min read·medium

With department stores shutting, are anchor tenants a thing of the past for malls?

E
Erin Liam
With department stores shutting, are anchor tenants a thing of the past for malls?
AI Summary

With department stores like Metro closing their last outlets, retail experts in Singapore are questioning the future of traditional anchor tenants in shopping malls. Mall operators are now focusing on a diverse mix of food and beverage, lifestyle brands, and entertainment options to attract shoppers.

Metro, which is an anchor tenant at Paragon and Causeway Point, announced last month that it would close its last two stores.

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