The large shopping centre format did not deliver optimum results in any of the analysed scenarios, indicating that the financial benefit from trading in this retail format type is not derived from the occupancy costs.
occupancy cost
Sam Walton: No one paid 5 percent of sales for rent
It had sales of about $72,000 a year, but its rent was 5 percent of sales - which I thought sounded fine - but which, it turned out, was the highest rent anybody'd ever heard of in the variety store business. No one paid 5 percent of sales for rent.Sam Walton, Made in America
FairTenancy.org 