Old-fashioned malls are starting to be abandoned by visitors.

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19/09/2017 08:08 WIB

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Top 10 Tourist Attractions in Indonesia with the Biggest Decline in Visitors in the First Half of 2017

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Top 10 Tourist Attractions in Indonesia with the Biggest Decline in Visitors in the First Half of 2017

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Rapid changes in people's lifestyles have led to a decline in visitors to older-style shopping malls. Several retail companies, such as Ramayana and Matahari, have been forced to close some of their outlets this year due to low visitor numbers impacting sales.

Furthermore, the proliferation of online shopping websites has led to more people preferring to buy goods via smartphone, contributing to the decline in visitors to International Trade Centre (ITC)-style shopping centers, including ITC Cempaka Mas and ITC Roxy Mas. Increased prices of goods and electricity tariffs have also reduced purchasing power among the lower and middle classes.

According to a survey conducted by BCA, Metro Pasar Baru shopping center experienced a 59 percent decrease in visitors in the first half of 2017 compared to the same period the previous year. Similarly, Taman Palem Mall saw a 49 percent drop in visitors, while Glodok Plaza experienced a 34 percent decrease.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Old-fashioned malls are starting to be abandoned by visitors.

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Related Data

Indonesia's Middle Class More Frequently Visits Markets and E-Commerce Than Malls

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Old-fashioned malls are starting to be abandoned by visitors.

Tags

Related Data

Indonesia's Middle Class More Frequently Visits Markets and E-Commerce Than Malls

Why Does the Middle Class Go to the Mall But Not Shop? Here's the Survey

Many Indonesian Middle-Class Compare Prices of Mall and E-Commerce Products, Especially Fashion

What Indonesians Consider When Eating Out

Top 10 Global Retail Companies by Brand Valuation 2025

Indonesian citizens remain optimistic about the future economic conditions.

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