Our Mission

Learn who we are and how we serve our community

Leadership

Meet our leaders, trustees and team

Foundation

Developing the next generation of talent

C+CT

Covering the latest news and trends in the marketplaces industry

Industry Insights

Check out wide-ranging resources that educate and inspire

Government Relations & Public Policy

Learn about the governmental initiatives we support

Events

Connect with other professionals at a local, regional or national event

Virtual Series

Find webinars from industry experts on the latest topics and trends

Professional Development

Grow your skills online, in a class or at an event with expert guidance

Find Members

Access our Member Directory and connect with colleagues

ICSC Networking Platform

Get recommended matches for new business partners

Student Resources

Find tools to support your education and professional development

Become a Member

Learn about how to join ICSC and the benefits of membership

Renew Membership

Stay connected with ICSC and continue to receive membership benefits

C+CT

ICSC Research: Wellness tenants bring life to retail centers

June 4, 2020

Products and services promoting physical, mental, emotional, spiritual, social and environmental health are more popular than ever, reflecting a growing global consumer focus on wellness. Shopping centers can provide wellness tenants with a healthy source of foot traffic, while wellness tenants can help shopping centers remain vital community hubs, according to an ICSC Research report called Wellness Companies Add Vitality to Tenant Mix.

Wellness tenants, which usually occupy 1,000-2,000 square feet, enjoy several advantages when they locate in shopping centers, including ample parking, flexible layout and prior consumer awareness of the shopping centers’ locations, according to the report. And wellness stores and services benefit other tenants in their centers. According to a survey of 1,000 U.S. adults that Engine Insights conducted March 20-22 on behalf of ICSC, 63 percent of visitors to wellness facilities are likely to spend more money at other tenants at the same center. Grocery stores and pharmacies are the most likely spots. And because the most popular times for wellness visits are mid- to late morning and early afternoon, such tenants promote a steady flow of traffic throughout the day, according to the report.

Consumers continue to exhibit a strong interest in wellness tenants and establishments associated with health, so landlords could try to close deals by offering wellness companies more tenant improvement dollars, rent abatements and free advertising, the ICSC Research report said.

Read the full report here.

By Brannon Boswell

Executive Editor, Commerce + Communities Today