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From consumer to dividend

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Preface

The financial crisis which manifested itself at the end of 2007, spreading from the United States to the rest of the world, ultimately also had consequences for the economy in 2008. The effect was exacerbated by the combination of a shrinking economy and a shortage of credit that prevented companies, both large and small, financing the growth of their businesses. The financial world and the economy faced several setbacks in 2008, of a kind previously thought impossible. Rescue operations by central governments for both banks and companies, following the example set by

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Market

The Italian economy was rapidly confronted with the consequences of the credit crunch and the cooling international economy in 2008.

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Visitor numbers and sales

Corio’s centres in Italy (excluding Campania) were visited by approximately 42 million people in 2008, 3.8% more than in 2007.

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High levels of customer satisfaction and diversification

A recent customer satisfaction survey confirmed that consumers visit GrandEmilia more often than any other shopping centre in the region, and that the centre scores relatively highly in all areas of customer satisfaction compared to other shopping ...

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Moving forward

The management of GrandEmilia will use the findings of the most recent customer survey to strengthen the position of shopping centre.

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Focus on the consumer: Grandemilia, Modena

The GrandEmilia shopping centre is near the city of Modena in the Italian region of Emilia Romagna. The centre has a regional function and consequently a sizeable catchment area of approximately 500,000 people, spread over something more than 200,000 households. In addition to the city of Modena, the area includes a large number of surrounding towns and villages. Modena is the second city in the Emilia Romagna region and is also the capital of the province of Modena. The city is famous for its automotive industry (Ferrari, Lamborghini etc.) and its balsamic vinegar.

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Showing 6 of 6 articles