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The International Council of Shopping Centers, based in New York City, classifies two types of shopping centers as malls: regional malls and superregional malls.A regional mall, per the International Council of Shopping Centers, is a shopping mall with 400,000 sq ft (37,000 m 2) to 800,000 sq ft (74,000 m 2) gross leasable area with at least two anchor stores. [8]
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Name Location Year Size () Source Phoenix Boorugu Mall GT road, Guntur: 2023 500,000 sq ft (46,000 m 2) [137] [138]MGB Felicity Mall Nellore: 2018 320,000 sq ft (30,000 m 2)
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More recent shopping dedicated areas outside the main centre are known as "shopping centres" (with understanding of the synonym shopping mall) "shopping villages" or "retail parks". According to author Richard Longstreth, before the 1920s–1930s, the term "shopping center" in the U.S. was loosely applied to any group of adjacent retail businesses.
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In 1954, the first modern shopping mall, Northland Mall, opened in the United States. Shops increased in size significantly during the 20th century, with warehouse stores occupying vast areas and selling a large variety of goods. In the 21st century, online shopping has become popular and competes with traditional physical stores.