A large regional mall operator was looking to improve the performance of one of its flagship super-regional malls, with a GLA upward of 100,000 square meters.
Strategy& performed a baseline and identified gaps across all facets of the business covering:
From the improvement areas identified, and the size of the impact of each, the team forecasted an incremental 20 percent increase in annual EBITDA.
The resulting initiatives were approved by management and rolled out across the mall.
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