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Interesting retail changes and how they will affect the retail market

​The modern retail market has been developing in Tianjin for more than 16 years, since the first typical shopping mall, The Exchange Mall, opened on Nanjing Road. The first supply peak appeared during 2011-2012, when Joy City, Galaxy International Shopping Center, iShine City and Aqua City completed in different submarkets in central Tianjin and increased the retail landscape in the city. For the first time, total stock of shopping malls surpassed the stock of department stores, and Tianjin has been dominated by the shopping mall format ever since.

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