Text / Compiled and reported by the MOOK Scenic Spots Family Travel Network Editorial Team
Grand opening of Phase III of The Grand Canal Shoppes. (Photo provided by The Grand Canal Shoppes)
Phase III of The Grand Canal Shoppes, with an investment of up to US$60 million, successfully expands its tenant mix to include home décor brands, grocery stores, designer children’s wear, sportswear boutiques, and travel accessory shops. It also offers a wider selection of men’s and women’s fashion, lifestyle goods, and cosmetics from renowned brands.The entire mall houses over 140 brands, including several making their debut in Macau and even their first entry into Asia.
Over 140 brands will be stationed at The Grand Canal Shoppes. (Photo provided by The Grand Canal Shoppes)
Stephen S. Chiu, Senior Vice President of Retail for Las Vegas Sands Corp., stated, “We are delighted to see the upcoming grand opening of Phase III of The Grand Canal Shoppes, marking a new milestone for the company. The three malls operated by the group in Macau each have unique themes and have achieved double-digit growth over the past few years. The recently announced mid-year performance results were also very promising. The group’s continuous expansion and sustained growth in Macau demonstrate the effectiveness of our development strategy. We will continue to seek new opportunities and are committed to serving our valued retail customers.”
The Grand Canal Shoppes is Macau’s first shopping mall designed specifically for families. (Photo provided by The Grand Canal Shoppes)
In the first half of 2014, Sands Retail’s retail sales in Macau increased to US$1.25 billion, up 21% year-on-year, while The Grand Canal Shoppes’ sales rose 28% to US$149 million. In 2013, Sands Retail’s annual sales in Macau exceeded US$2 billion, with nearly 12% coming from The Grand Canal Shoppes.
Grand opening of Phase III of The Grand Canal Shoppes. (Photo provided by The Grand Canal Shoppes)
The Grand Canal Shoppes opened in 2012 as Macau’s first shopping mall designed specifically for family guests.The Grand Canal Shoppes enjoys a prime location, spanning the Holiday Inn, Sheraton, and Conrad hotels, and features an air-conditioned corridor connecting to the luxury shopping destination Four Seasons Mall and the high-end street fashion hub The Venetian Macao. It offers guests a premium and comfortable shopping experience. The mall also features the interconnected food court “Food Republic,” with 23 dining outlets serving a variety of international cuisines. Macau’s largest interactive indoor theme park, Planet J, is set to open in Phase III in 2015, adding even more appeal to the stylish, family-friendly The Grand Canal Shoppes.
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