OUTPACING ITS PEERS
Mall of America retailers for the first time generated more than $1 billion in annual sales last year, according to mall officials. Although the mall does not release sales figures, it does disclose percentage changes in year-over-year sale, which show that the Bloomington mall outperforms most of its peers around the country.
SALES INCREASE2011*2010200920082007
Mall of America+9.4%+7.5% +1.5%+2.0%+5.0%
All shopping centers+3.3%-3.5%-6.9%-6.3%-2.0%
* through August Source: Mall of America; International Council of Shopping Centers