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shopping center

 

n.
A group of stores and often restaurants and other businesses having a common parking lot.


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Barron's Business Dictionary:

shopping center

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Collection of retail stores with a common parking area and generally one or more large department, discount, or food stores; sometimes including an enclosed mall or walkway. The smallest of these are strip shopping centers; somewhat larger are neighborhood and community centers. The largest are regional or super-regional malls.
See also anchor tenant.

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Barron's Real Estate Dictionary:

shopping center

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A collection of retail stores with a common parking area and generally one or more large department, discount, or food stores; sometimes including an enclosed mall or walkway.
See urban land institute, institute of real estate management, national retail merchants association .
See also anchor tenant.


Example: Shopping centers developed after World War II as population shifted to the suburbs. Providing a variety of stores with easy access and ample parking, the centers became a strong alternative to downtown retail centers. Types of shopping centers are shown in Table 49.
Table 49 Shopping Center Characteristics

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A concentration of stores, markets, and service establishments, along with parking facilities; often in a suburban location.


Columbia Encyclopedia:

shopping center

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shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents-bazaars and marketplaces-in that the shops are usually amalgamated into one encompassing structure. The first modern shopping center, the Country Club Plaza, opened in Kansas City, Mo., in 1922. By 1956, when the first enclosed mall, designed by Victor Gruen, opened in Edina, Minn., a suburb of Minneapolis, about 2,000 shopping centers had been built. The so-called malling of America peaked in the late 1980s and early 1990s, when approximately 60 large malls (more than 400,000 sq ft/37,000 sq m in size) were built annually; over 100 were built annually in some years during that period. In comparison, only about 30 large malls were built in 1998. Shopping centers accounted for about 76% of all nonautomotive retail sales in the United States in 2003.

Of nearly 47,000 shopping centers in the United States, about 1,100 are categorized as enclosed malls, Regional malls contain at least two department stores or "anchor stores" and, depending on population density, attract consumers from within a 20-mi (32 km) radius. Superregional malls, of which about 350 exist, include at least five department stores and 300 shops and may serve an area of up to a 100-mi (160-km) radius. Generally smaller, open-air strip centers, unlike the larger malls, do not usually feature an indoor concourse, although in the 1980s and 90s the construction of enclosed, or all-weather, minimalls began to accelerate. Open-air shopping centers are typically anchored by large grocery stores. Another distinction among shopping centers is location, namely suburban or downtown. In an attempt to revitalize retail sales in central business districts, many large U.S. cities have built so-called festival-marketplaces, which combine shopping, entertainment, and sightseeing. Examples of such centers include Faneuil Hall in Boston, South Street Seaport in New York City, Harborplace in Baltimore, and Ghirardelli Square in San Francisco.

The world's first megamall was the West Edmonton Mall in Alberta, Canada. Long also the world's largest mall at 5.3 million sq ft (493,000 sq m), it was the culmination of the developer's dream of a consumers' and retailers' paradise when it opened (1981-85). The mall contains more than 800 shops, 11 department stores, 110 restaurants, an ice-skating rink, the world's largest indoor water park, 19 movie theaters, a hotel, a chapel, 13 nightclubs, and a replica of Columbus's Santa Maria. Two larger malls, in Beijing and Dongguan, China, began to open in 2004 and 2005 respectively, and more Chinese megamalls are under construction. The largest mall in the United States is the 4.2-million-sq-ft (391,000-sq-m) Mall of America, opened in 1992 in Bloomington, Minn., which features at its center a seven-acre amusement park.

Bibliography

See V. Gruen and L. Smith, Shopping Towns USA: The Planning of Shopping Centers (1960); H. MacKeith, The History and Conservation of Shopping Arcades (1986); J. Garreau, Edge City: Life on the New Frontier (1991); M. Sorkin, ed., Variations on a Theme Park (1992).


Random House Word Menu:

categories related to 'shopping center'

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Random House Word Menu by Stephen Glazier
For a list of words related to shopping center, see:
  • Urban Structures and Phenomena - shopping center: group of retail stores and service establishments with parking facilities, serving community or neighborhood
  • Commerce and Trade - shopping center: outdoor complex of stores, restaurants, and movie theaters usu. grouped around common parking lot


 
 
Related topics:
Mall (business term)
Retail Property
Regional Shopping Center

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Copyrights:

American Heritage Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
Barron's Business Dictionary. Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.  Read more
Barron's Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.  Read more
McGraw-Hill Dictionary of Architecture & Construction. McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc. All rights reserved.  Read more
Columbia Encyclopedia. The Columbia Electronic Encyclopedia, Sixth Edition Copyright © 2012, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/ Read more
Random House Word Menu. © 2010 Write Brothers Inc. Word Menu is a registered trademark of the Estate of Stephen Glazier. Write Brothers Inc. All rights reserved.  Read more

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