Getting to Know the Source for Shopping Center Industry-Related Data

Introduction to

Tutorial The purpose of this tutorial is to provide insight into the data available for both new and existing QuickStats users and guide them through using QuickStats to find the information they need.

This tutorial is divided into three parts:1. General Overview (Pages 3-5)

2. Data Content (Pages 6-11)

Structure (Pages 12-19)

3. Using QuickStats Accessing QuickStats (Pages 20-22)

QuickStats features (Page 23)

Home page (Pages 24-25)

Help (Pages 26-31)

Custom Datasets (Pages 32-42)

Tables and Charts (Pages 43-52)

General Overview

• QuickStats is ICSC’s online statistical database that is the source for shopping center industry-related data produced or collected by the Research Department.

• Regularly updated, QuickStats currently offers over 14,000 individual time series and close to 500 preset tables.

What is it?

• Announcements – Read about what’s going on in QuickStats.

• Help – Download documents detailing the complete QuickStats offering including series and preset tables. Members can also access this tutorial from the Help page and submit help requests directly to ICSC Research staff.

• Custom Datasets – Allows users to search for, select and download the data for any series into a spreadsheet.

• Tables & Charts – Search for, select and download tables and charts that contain pre-packaged information and provide fast insight into the data.

QuickStats Features

Data

• Users can download individual data series for the United States, Canada, Europe and a few other select areas.

• Data are also offered for additional countries in the Country Fact Sheet tables.

• Broadly, the data series fall within the following groups: - Property measures - Spending - People - Consumer dynamics - Other analytical metrics

Industry Statistics at Your Fingertips

• Shopping-center count and gross leasable area by type and size of center• Shopping-center construction spending and building cost• Retail store openings and closings• CMBS delinquency rates and debt-maturity schedule• Mall tenant-square footage shares by store category• Shopping-center operational benchmarks including occupancy rates• Property-tax revenue from shopping centers• Non-Restaurant/Non-Retail Tenant Shares of Shopping-Center Space

• Shopping-center sales• Mall sales and sales productivity• Mall tenant-sales shares by store category• Chain-store sales• Tourist spending• Office-worker retail spending• State sales-tax revenue from shopping centers• Mall consumer shopping patterns

Property Measures

Spending

United States Statistics

• Shopping-center, total retail and non-agricultural employment• Unemployment• Population 

• Personal income from shopping-center employment• Consumer confidence 

• Leading indicator of sales (Discontinued January 26, 2013. History still available.)• Shopping-center activity index• Shopping-center executive survey• Retail real estate market survey

Consumer Dynamics

Other Analytical Metrics

People

United States Statistics (Continued)

• Shopping-center count and gross leasable area by type and size• Building costs

• Shopping-center sales• Total retail sales• Mall sales and sales productivity • Mall tenant sales and square-footage shares by store category• Mall consumer shopping patterns • Provincial sales-tax revenue from shopping centers

• Personal income• Population• Shopping-center, total retail and non-agricultural employment• Unemployment rate

Property Measures

Spending

People

Canadian Statistics

• Shopping-center count by type of center• Gross leasable area by type of center

Note: The above data are available from 2 sources: 1. ICSC - Count and GLA of shopping centers by type including traditional, retail parks, theme-oriented, factory outlets and total for 27 countries and 3 EU aggregates. Available for 2007 only. 2. Cushman & Wakefield – Count and GLA of traditional shopping centers segmented by size (very large, large, medium, small) and totals for 34 countries. Available for 5 years, 2007-2011.• Building Costs

• Shopping-Center Sales

• Shopping-Center Retail Employment

Property Measures

People

European Statistics

Spending

• Shopping-center executive survey of business conditions (Pan-European)• United Kingdom Path Index (Combines shopping-center footfall and time spent per

visitor into a shopper-hours index)

Other Analytical Metrics

European Statistics (Continued)

Frequency – Annual, Quarterly, Monthly, Weekly (Refers to the occurrence of individual series data points, not how often series are updated. For example, annual series may be revised at various points during a year.)

Adjustment – Not Adjusted, Seasonally Adjusted, Seasonally Adjusted Annual Rate, Trend Adjusted

Metric Concept – Data categories

Unit of Measurement - Examples include: Index, Dollars, Growth Rate, Number, Square Feet/Meters, Percent

Geography –

U.S. – National, Census Regions (4), Census Divisions (9), States (50 + D.C.), Metro Areas (NY), Congressional Districts (435 + D.C., Number of districts varies by state and ranges from 1-53) Canada – National, Provincial/Regional (12)

Europe – Pan-European, EU Aggregates, Country

Series Attributes

The following are the date formats used in QuickStats:

Annual – YYYY (Ex.1998, 2007, 2012)

Quarterly – YYYYQQ (Ex. 201201 = Quarter 1 2012)

Monthly – YYYYMM (Ex. 201006 = June 2010)

Weekly – YYYYMMDD (Ex. 20120818 = August 18, 2012)

(The date associated with weekly figures indicate the end point of a particular week)

Date Formats

United States Census Regions and Divisions

West Midwest

South

Northeast

Pacific Mountain

Southwest

South

east

South Atlantic

Middle Atlantic

New EnglandGreat Lakes

Plains

+ Metro Areas and Congressional Districts

U.S. Geographies

National

Alberta

Atlantic

New Brunswick

Newfoundland

Nova Scotia

Prince Edward Island

British Columbia

Ontario

Prairies

Manitoba

Saskatchewan

Quebec

Canadian Geographies

+ Metro Areas

• All count and GLA data are available at the individual country level for roughly 34 countries and some EU aggregates.

• Preset tables are available for Northern, Eastern, Southern and Western Europe as well as Pan-European. These numbers are not available as series for download.

• Shopping-center business conditions survey (Pan-European only)

European Geographies

Data + Type + Geography + Category + Frequency + Adjustment

Data – Broadest grouping of data (1st letter of mnemonic)

Type – Index, Level or Quantity, Ratio, Rate or Percentage Rate (2nd letter of mnemonic)

Geography – Larger area and sub-divisions

Category – Specific identification of the data

Frequency – Indicated only when a series is reported in multiple frequencies

Adjustment - Indicated only when a series has an adjustment other than no adjustment

Series Codes (Mnemonics)

PLUS120APPSA – Sales productivity, Level or Quantity, U.S. Northeast/Middle Atlantic, Apparel, Seasonally Adjusted

ELUSTXNF – Employment, Level or Quantity, U.S. Texas, Non-Agricultural

SRUSCCSWC – Sales, Rate or Percentage Rate, U.S., Comparable Chain Stores, Wholesale Clubs

MLUSCA38PICI - Income/Revenue, Level or Quantity, U.S. California Congressional District 38, Cumulative Impact of Shopping-Center Employment on Personal Income

ALUSSCSR – Establishment, Level or Quantity, U.S., Super-Regional Malls

GLUSSC8 – Space (GLA), Level or Quantity, U.S. Shopping Centers over 1 million SF

YLUSOWI4FD2 – Consumer Trends, U.S., Office Workers, Income Group $35,000-49,999, Fast Food/Deli/Lunch Eateries

Identifying Series

PLCA600FURSR - Sales productivity, Level or Quantity, Quebec, Canada, Furnishings, Seasonally Adjusted Annual Rate

ALCABCSC3 – Establishment, Level or Quantity, British Columbia, Canada, Centers 250,000-499,999 SF

SLCASKSCQ – Sales, Level or Quantity, Saskatchewan, Canada, Shopping-Center Inclined, Quarterly

YLCAMSPA5PB – Consumer Trends, Canada, Mall Shopping Patterns, Purpose of Visit to Browse/General Shopping, Ages 55-64

ALGRSCRP – Establishment, Level or Quantity, Greece, Retail Park Shopping Centers

GLITCWTCVL – Space (GLA), Level or Quantity, Italy, Very Large Traditional Centers, Cushman & Wakefield

Identifying Series

Using QuickStats

As illustrated on the next page…

1. To enter QuickStats, go to www.icsc.org, login using your member ID and password and click Research towards the top of the page.

2. In the Research drop-down box that appears, click QuickStats from the list on the left side.

3. Once on the QuickStats page, click the QuickStats logo.

Note: If you are interested in seeing the complete offering in QuickStats before entering, you can click on the “Listing of Data” and “Listing of Tables” buttons to see what is available. Both of these documents are available in QuickStats as well.

Entering QuickStats

Entering QuickStats1. Click to access the Research webpage

2. Click to access QuickStats links

3. Click to enter QuickStats

Navigating through QuickStats

Announcements Page

Access the help documents and

submit questions to ICSC Research staff.

Search for, select and download data for all

time series.

Search for, select and download tables and

charts that provide preset delivery of information.

Exit QuickStats and return to the ICSC

website.

Note: To move from one page to another in QuickStats, simply click on the tabs shown above

Home Page

• Each time a user enters QuickStats, the first page that appears is the announcements page.

• Find information about new offerings including data series and preset tables, changes to our current offering, modifications made to QuickStats functionality, special messages about a certain data release and any technical difficulties that arise on this page.

Announcements Page

Help PageThe data series help documents available for download from the QuickStats Help section include:

1. Mnemonic Compendium – An alphabetical listing of every series available that contains the series code, the frequency and a description. The alphabetical ordering allows users to see similar data grouped at the broadest level.

2. Listing of Data – Includes a listing of each series available in QuickStats organized by data group and geography. Details for each series are also available and include frequency, metric, adjustment, source, geographic area and start date. Starting with a table of contents to help users find data easier, this document also contains specific details about the conventions used to generate mnemonics and some special definitions and notes about certain series. (See next slide for examples)

Note: Users who find a series they wish to access from either document above, can go into QuickStats, type the mnemonic directly into the Custom Datasets Search by Mnemonic feature and download the series.

Samples from the “Listing of Data”

Help Page

• Also available is the Listing of Tables . This help document includes a listing of all tables and charts available in QuickStats organized by geography and table topic. Tables and charts are also categorized into special groupings. Tables and charts can be listed under more than one geography depending on the contents of each table and chart. (See next page for examples)

• Using the ID number, users can go directly into the Tables & Charts feature in QuickStats, locate the geographic category it falls under (or All Tables) and download it. Also, tables can be downloaded directly from the Listing of Tables by clicking on the table number and name which are links to each table file.

• This tutorial is also available for download on the Help page in QuickStats.

Samples from the “Listing of Tables”

Help Page

Click these buttons to access the help documents previously explained

Help PageAnother part of the Help page allows users to submit questions directly to the ICSC Research Department about the data offering. Just enter a name, email address and a detailed question then click the Submit Request button.

Custom DatasetsCustom Datasets allows users to download any of the data series available into a spreadsheet for analysis. As shown below, downloading a series can be completed in three steps: search, select and download.

Custom Datasets - Search

• Search for data two ways: by documentation and by mnemonic.

• By documentation allows users to search the database using a series of drop-down boxes beginning with geography followed by metric, frequency and type of adjustment.

• By mnemonic allows users to type in the mnemonics without having to go through the drop-down search.

Custom Datasets - SearchIn Search by Documentation…

• Both the geography and metric drop-down boxes will open up into additional drop-down boxes depending on the selection made at each level to help narrow down the search.

• To make a selection, simply click on the name of the category and continue until no other options are available.

• Users are able to hit Search at any point to see the results of their selections. The earlier they do however, the more broad the search and more matches they will have to sort through to find the data, or there will be more results than can be displayed.

• Users can also hit Reset to clear the selections made on the search page.

Custom Datasets - SearchIn this example, 2 geographic regions were chosen. The primary level was United States and the secondary level was National. Furthermore, 3 metric levels were chosen. The initial selection was shopping-center count, the secondary level was By Type, and the third level, Super Regional Mall, was the final metric selection for this search.

Finally, the data frequency is Annual and the type of adjustment is No Adjustment. There are no additional drop-down boxes for these categories.

Custom Datasets - SearchIn Search by Mnemonic…

Specific mnemonics for series identified in the help documents are entered directly into QuickStats and appear without having to make selections from the drop-down boxes.

Enter either one mnemonic or multiple mnemonics. Hit Search to get the results.

Multiple mnemonic entries must be separated by a comma and space when using this feature.

Custom Datasets - Select

• Once the search is complete, results matching the criteria from Search by Documentation or those matching the mnemonics entered in Search by Mnemonic will appear in the second column titled Select. Each matched series will have a description below the mnemonic.

• To download a series, users must make sure a check is placed in box to the left of the mnemonic or remove a check if they do not want to download a series.

• Once users make their selections, click the Add to Cart button.

Custom Datasets - Select

Check mark indicates the series will be added to the download cart.

Series description

Click to add the checked series to the download cart.

Custom Datasets - Download

• After the search and select are completed, users can download the data. Data can be downloaded in an Excel spreadsheet or CSV format.

• For searches that contain series with the same frequency, both Excel and CSV will place all series in the same tab.

Custom Datasets - Download

• For searches containing series with different frequencies, Excel only, will place each frequency in a different tab. CSV will not allow users to download a set of series with different frequencies because it does not populate multiple tabs. If this happens, download only the series with the same frequency at one time and repeat for each frequency.

• After the format is chosen, select the data layout and click Download Cart.

Custom Datasets - Download

Select download format by clicking either Excel or CSV.

Choose the data arrangement by clicking either box.

Click to manage the cart and see series currently in the cart that will download. Users can also delete individual series, clear the entire cart and add series from other downloads completed in the same login session.

Click to download all the series in the current cart in the format chosen.

Custom Datasets – Excel OutputThese 7 rows of each output gives the important information about the series downloaded. There may or may not be a comment included for a series.

Series data. Column A always has the date associated with the data.

The two tabs, year and month, indicate that the series downloaded have different frequencies. Excel only separates each frequency into different tabs. Click on the tab to access the worksheet.

This section of information shows the geographic levels and metric levels associated with each series. Depending on the series, more or less levels may appear. Series mnemonic

• Major table types include shopping-center statistics, shopping-center executive survey, country fact sheets, sales, sales productivity, mall store analytics, impact studies and other analytics.

• All preset tables categorized by geography and some into special groupings.

• Some tables are customizable and users are able to change display dates and select the type of data displayed in tables and/or charts.

Tables & Charts

• Tables and charts, which are continually updated along with the data, always contain the latest figures available. Tables and charts automatically adjust to portray the current statistics as well.

• All underlying data in most tables and charts are the same as what is available for download; however, they may be presented in a different form (not available as series for download) that clearly illustrates the trends and is better suited for analytical research.

Tables & Charts

Tables & Charts - Search

To view all tables in a particular category, click in the small circle to the left of the specific geographic area or special grouping.

Tables & Charts - Search

Once users select a category, all tables within that group will appear to the right.

Each table contains an ID number and descriptive title.

To download a table, click within the title box and proceed to open the Excel file.

Tables & Charts

Once the download is complete and Excel opens, for most tables, users will need to enable content before any numbers appear. Most users will be able to simply click on the Enable Content button located towards the top of the screen. Others may have to go into their Excel security settings under File>Options>Trust Center to change their local settings allowing macros to run. Currently, Mac computer users cannot download tables and charts, however we are working on a solution.

Click to enable macros

Tables & Charts

Many tables and charts are customizable and users can change dates or type of data displayed. In this table, for example, users can change the years of data displayed. To change the date, delete the current entry in the boxes and enter the year(s) desired.

Tables & Charts

This table and chart allows users to customize the data visible on the chart by simply removing or adding an “x” in the box next to the property types. The chart and legend will automatically adjust to user preferences, however the table below the chart will always remain the same.

Tables & Charts

This chart allows users to select the type of data to appear by selecting from two drop-down boxes.

Once selections are made, the data and title automatically adjust to reflect the choices.

Tables & ChartsThis table allows users to change the month of data reported.

Square Feet Square Meters

Square Meters

Retail Real Estate 2007 2008 2009 2010 2011

Number of Shopping Centers 1,809 2,126 2,293 2,542 2,795 Minimum Size Shopping Center Counted No minimum size No minimum size No minimum size No minimum size No minimum sizeShopping Centers by Type (Number of Centers) Traditional 1,809 2,126 2,293 2,542 2,795 100,000+ sq m 211 273 303 342 378 50,001 to 100,000 sq m 371 451 490 545 597 15,001 sq m to 50,000 sq m 901 1,048 1,125 1,235 1,360 15,000 sq m and below 326 354 375 420 460Shopping Center GFA 94,650 sq m 115,140 sq m 126,840 sq m 144,110 sq m 160,867 sq mTotal Shopping Center GFA per Capita in 41 major cities 0.34 sq m 0.40 sq m 0.44 sq m 0.46 sq m -

Sales 2007 2008 2009 2010

Total Retail Sales (100 Million RMB) ￥89,210 ￥114,830 ￥132,678 ￥156,998 Year-on-Year % Change in Retail Sales 16.8% 28.7% 15.5% 18.3% Total Retail Sales per Capita (RMB) ￥6,751.74 ￥8,646.71 ￥9,942.15 ￥11,708.32 Total Retail Sales % GDP 33.6% 36.6% 38.9% 39.1%

Employment 2007 2008 2009 2010

Total Wholesale and Retail Trade Employees (million) 47.7 51.8 59.6 63.9 Total Wholesale and Retail Trade Employees as % Total Employees 6.3% 6.9% 7.9% 8.4%

Demographics 2007 2008 2009 2010 2011

Population 1,321,290,000 1,328,020,000 1,334,500,000 1,340,910,000 1,347,350,000Population of 41 major cities 279,755,834 284,618,025 285,542,561 312,691,445 342,421,597

Other Important Metrics 2007 2008 2009 2010

GDP (100 million RMB) ￥265,810 ￥314,045 ￥340,903 ￥401,202GDP per Capita (RMB) ￥20,117 ￥23,648 ￥25,545 ￥29,920

Five Largest Shopping Centers Website

Beijing Golden Resources Shopping Mall 550,000 sq m www.zhongguosyzs.comGuangzhou Grandview Mall 300,000 sq m www.baike.baidu.comMixC Shenzhen 188,000 sq m www.baike.baidu.com/view/965783.htm Beijing Bailian Zhonghuan Commerce Plaza 250,000 sq mShanghai Cloud 9 240,000 sq m

Five Largest Retailers Website

Domestic Sales International Sales Total SalesSuning Appliance Co. Ltd ￥15,622,292 - ￥15,622,292 http://www.cnsuning.com/ Gome Electrical Appliances Holdings Ltd ￥15,490,000 - ￥15,490,000 http://www.gomechina.com/sc/index.asp Bailian Group Co., Ltd ￥10,369,291 - ￥10,369,291 http://www.bailiangroup.cn/ Dalian Dashang Group ￥8,615,769 - ￥8,615,769 http://www.bailiangroup.cn/ CR Vanguard ￥7,180,000 - ￥7,180,000 http://www.crvanguard.com.cn/

Three Largest Shopping Center Owners Website

Domestic GFA International GFA Total GFACapitaMalls 5,760,000 sq m - 5,760,000 sq m http://www.capitamallsasia.com/ Yangguangxinye 1,600,000 sq m - 1,600,000 sq m http://www.yangguangxinye.com/ Wanda 5,660,000 sq m - 5,660,000 sq m

Shopping Center and Retail Trade Associations Website

Mall China http://www.mallchina.net/ China Chain Store & Franchise Association http://www.chinaretail.org/ International Council of Shopping Centers (ICSC) www.icsc.org

Last Updated: February 17, 2012

Report on China's Shopping Center Development by Mall China National Bureau of Statistics China China Statistical Yearbook Local Statistics Bureau

Total GFA Owned Fiscal Year 2010

International Council of Shopping CentersCountry Fact Sheet

ChinaPlease select desired unit of measure:

Total Retail GFA Fiscal Year 2011

Total Sales Fiscal Year 2010

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Most Country Fact Sheets contain information on the retail real estate stock, sales, employment, population and the largest shopping centers, retailers and shopping- center owners. Specific data availability varies by country, however.

Need More Help?

If there are any additional questions about using QuickStats or its contents, please contact the ICSC Research Department using the Help Submission feature under Help in QuickStats.

ICSC’s QuickStatsIndustry Statistics at Your Fingertips