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Q: How much does it cost to lease a retail spot in a mall?
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How much does it cost to set up a booth at the mall?

Cost will vary from one mall to another. No one answer- sorry- check with the mall in question.


How much it cost to advertise in sky mall magasine?

Between 10,000 to 40,000 a quarter


What is Retail Convergence?

Retail convergence is when many retailers of the same products coexist within a convenient location of the consumer without much differentiation in price. One example of retail convergence would be a shopping mall where consumers can compare pricing and models at different locations less than a quarter mile from another store. The world's largest retail convergence has already begun, it is called the Internet.


How much money is required to start a retail store business?

A rough estimate would be $40,000 in inventory, $30,000 in basic setup costs, a $45,000 cash flow and the lease obligations. Depending on the location in which you intend to setup, you may be required to prove you have the means to cover the lease for 1, 2, 5 or even 10 years. If you intend to lease or rent on a month to month basis you will not have this burden but lease negotiations in the better parts of most towns will require evidence of the ability to cover the lease payments in advance. A friend of mine invested $80,000 in setting up a shoe store in Toronto back in 1989 and was lucky enough to only have to guarantee a year of lease payments was possible.


Why has mall of America been such a marketing success so far?

The Mall of America has been a marketing success so far because they have so much to offer. The mall has rides, an assortment of stores, and restaurants.