Quote:
Originally Posted by Londonee
They were blown away by one of the largest, richest malls in America?
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People from New York (specifically Manhattan) can be quite ignorant about other cities & markets that aren't LA or Miami. They downplayed the Philly market until they were educated upon arrival. Ironic in a way...
My friend (who is from Philly) did say to the team along the lines of "why would you be surprised?"..."The Mall is one of the largest and most successful retail centers in North America surrounded by millions of people and wealthy towns".
He also mentioned that the CC and KoP Macy's, KoP Nordstrom, and Bala Cynwyd Saks are in the top 1% of the entire company portfolios.
It does come back to the larger discussion of people severely underplaying Philadelphia (city and metro) in so many metrics. But the stats prove otherwise...