Wolfs RC does not manage shopping centres, but we have a proven track record in providing vital support (an extra dimension to the reasoning, a new point of view) to shopping centre owners who are struggling to maintain continuity in the face of exceptional or critical circumstances; a few examples are listed below. See also our operational (crisis) management model.
A drop in visitor numbers, conversions and level of average consumer purchases and an increase in complaints from tenants about excessive rents and inadequate marketing activities, in tenant defaults and vacancies, etc. due to the current financial crisis.
A drop in the pulling power of the shopping centre due to the disappearance of big anchor retailers or a significant rise in competition in the neighbourhood.
A structural threat to the image of the shopping centre, no matter what the cause.
Inadequacy in certain aspects of the management of the shopping centre management combined with failure of the mother company to correct this situation.
Major changes in the direct environment of the shopping centre due e.g. to town planning initiatives, which affect key aspects of the shopping centre such as accessibility.