Monday, September 28, 2009

Shopping Mall

Classes of Shopping Mall
In many cases, regional and super-regional malls exist as parts of large superstructures which often also include office space, residential space, amusement parks and so forth. This trend can be seen in the construction and design of many modern supermalls such as Cevahir Mall in Turkey. The International Council of Shopping Centers’ 1999 definitions were not restricted to shopping centers in any particular country, but later editions were made specific to the U.S. with a separate set for Europe.
Regional malls
A Regional Mall is, per the International Council of Shopping Centers, in the United States, a shopping mall which is designed to service a larger area than a conventional shopping mall. As such, it is typically larger with 400,000 sq ft (37,000 m2) to 800,000 sq ft (74,000 m2) gross leasable area with at least two anchors and offers a wider selection of stores. Given their wider service area, these malls tend to have higher-end stores that need a larger area in order for their services to be profitable. Regional malls are also found as tourist attractions in vacation areas.
Super Regional Malls
A Super Regional Mall is, per the International Council of Shopping Centers, in the U.S. a shopping mall with over 800,000 sq ft (74,000 m2) of gross leasable area, and which serves as the dominant shopping venue for the region in which it is located.

Outlet Malls
An Outlet Mall (or outlet centre) is a type of shopping mall in which manufacturers sell their products directly to the public through their own stores. Other stores in outlet malls are operated by retailers selling returned goods and discontinued products, often at heavily reduced prices. Outlet stores were found as early as 1936, but the first multi-store outlet mall, Vanity Fair, located in Reading, PA didn't open until 1974. Belz Enterprises opened the first enclosed factory outlet mall in 1979, in Lakeland, TN, a suburb of Memphis

Component of a Shopping Mall
Shopping centers are buildings that contain multiple retail stores. The term generally applies to open-air complexes containing many buildings that adjoin pedestrian walkways. Enclosed shopping centers, in which all units are accessible under a single roof, are referred to as shopping malls. In the United Kingdom, they are known as retail parks or precincts.
The first shopping centers were the covered outdoor bazaars of ancient Europe. After World War II, suburban living in the United States led to the advent of the modern shopping center. As cities became crowded and dirty, people began to seek improved living conditions which resulted in the development of outdoor strip malls.
Fully enclosed shopping malls first appeared in the 1950s. The Northgate Mall built in Seattle, Washington, USA, and the Northland Shopping Center built near Detroit, Michigan, USA, were the first indoor malls. Constructed between 1950 and 1954, they were originally open-air shopping centers which were later enclosed.
Regional and super-regional malls are designed to service larger areas than traditional shopping centers. They are often part of larger superstructures which include residential and commercial office space. They serve as the primary shopping area for the region in which they are located.
Outlet malls are shopping centers in which goods are sold to the public directly from manufacturer stores. They also include shops selling discontinued and customer returned products at significantly lowered prices. The first outlet mall opened in Reading, Pennsylvania, USA, in 1974.
Food courts are common components of shopping malls. They feature vendors selling a variety of foods and a seating area. This area is generally an open plaza surrounded by the various vendors.
Large chain department stores are also a mainstay of many shopping malls. In the beginning, these anchor stores were financially necessary for the shopping centers to remain open. Today, they exist as a means of attracting traffic to the smaller stores found within malls. They are placed as far from one another as possible to maximize this traffic.
Shopping malls are typically owned by shopping property management firms. These firms specialize in the management and promotion of the shopping centers. Many own multiple properties and usually service one or more regional areas.
There has been some controversy surrounding modern shopping malls due to their displacement of traditional small businesses and main streets. Many modern consumers still prefer shopping centers with ample parking, entertainment, and private security over crowded downtown areas. This preference has led to the downfall of many "mom and pop" stores in local commercial centers

Top Five Largest Shopping Mall of the World


South China Mall
South China Mall is the largest mall in the world located in Dongguan, China. It contains around 1500 stores and is spread in more than 6 million square feet. Mall was opened in 2005 and since then it is facing the problem of not being occupied by enough sellers. The reason behind the mall being vacant is due to its suburban location that makes it difficult to approach. In 2009, South China Mall has been renamed to New South China Mall.

Golden Resources Mall
Golden Resource Mall is the second largest shopping mall of the world located in Beijing, China. Mall is also known as “Great Mall of China” and is spread across 7.3 million square feet and was the largest mall of the world till 2005. Mall receives more than 50,000 visitors everyday and the decrease in the number of shoppers is due to costly items of the mall that is not fit for most of the ordinary people.

SM City North EDSA

SM mall is one of the largest mall malls of the world located in Philippines. It is spread across 460,000 square meters of area and was opened in 1985 for public. Mall receives more than 4 million visitors during weekend and has a capacity of up to 6.5 million.

CentralWorld Mall
Central world mall is the largest shopping mall in Southeast Asia and contains office towers as well as hotel. It is spread across 500000 square meters. Earlier the mall was known as World Trade Center in 1990 and was taken over by Central Group in 2002. It is ideal for middle class as well as upper class customers in Bangkok, Thailand.

SM Mall of Asia
SM mall is located in Philippines and spread across 410 thousand square meters. Mall has the capacity of 4.2 million and has four buildings connected to each other. The parking space of the mall is divided into six stories and has a tram traveling around the mall with 20 people holding capacity

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