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Westfield Owner Sees Positive Vacancy, Foot Traffic Trends

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Westfield’s parent company said foot traffic numbers met or beat their 2020 spring reopening levels despite virus-related closures in the first half, lifting earnings for the six-month period. In a Nutshell: Shopping centers operated by Unibail-Rodamco-Westfield (URW) were closed an average of 68 days in the first half, versus 67 days in the prior-year period,…

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