At the International Council of Shopping Centers’ New York National Deal Making show, organizers said with just more than 10,000 registrations, attendance topped last year’s record-breaker of 9,643 attendees.
The 2014 show attendance represented a 25 percent growth rate of attendees since the show relocated to the Jacob K. Javits Convention Center that year. Participants at the show interfaced with 502 exhibitors this year spread out across more than 160,000 square feet of exhibit space.
The show’s “deal-making” moniker also lives up to its name. JLL noted, for example, that it had between 60 and 70 brokers at the event with appointments every 30 minutes.
The show’s focus is on retail real estate and convenes brokers, retailers, financial executives and attorneys as well as other industry stakeholders. There are more than 70,000 ICSC members from more than 100 countries. The shopping center industry drives 15 percent of the U.S. gross domestic product. And two-thirds of the GDP is fueled by consumer spending on goods and services.
Regarding the holiday shopping season, the ICSC said “between now and Christmas Day consumers will visit a shopping center on average 6.5 times a week for goods and services spending on average $147 a week.” That translates to $4.3 billion a day in sales, which adds up to $30.1 billion each week.