Mall foot traffic data shows some positive signs

Foot traffic at malls was within 30% of 2019’s tally in October, according to data from Placer.ai, marking the best reading since February. That number worsened in November before rebounding in December, when foot traffic was off 32.4% on a year-over-year basis. “Placer.ai’s team thinks that 2021 could be a big year for malls, as customers are itching to get out and shop,” the report notes. Read the Axios story here