Merchandise sales higher than pre-Covid level on Independence Day weekend

Infiniti Malls said both its malls witnessed a considerable increase in footfalls and sales compared to 2019

This Independence Day weekend, shoppers rushed to malls as many retailers put their merchandise on hefty discounts. In some cases, the discounts were even higher than end-of-season sales. Malls also witnessed higher footfalls compared to pre-pandemic levels. 

“Across the Nexus Malls portfolio, we have had a bumper Independence Day sale. While the audited numbers will come in by month-end, we are estimating over 35 per cent growth in sales at the portfolio level. Our footfalls have also shown a good increase over 2019.

Our assured satisfaction and unique activation, which we had across our malls, seem to have worked well