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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 super regional 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]
A mall museum is a shopping mall integrated with a museum.It is a new development resulting from the 2007–2010 global recession, when museums took over large spaces within shopping malls, making beneficial use of the space and leveraging the foot traffic of the malls to bring more people into museums, exhibits and other educational venues. [1]
Various ancient civilizations in the Middle East and Europe established open-air markets for merchants and producers to sell their goods to consumers. The earliest known permanent retail centers, the forums, were created in ancient Rome. Similar shopping centers were thought to have been created in China. By the first millennium BCE, Chinese ...
In this article, we take a look at the 11 biggest malls in Europe. You can skip our detailed analysis of the European mall industry and go directly to 5 Biggest Malls in Europe. Market Outlook The ...
A dead mall, [1] also known as a ghost mall or zombie mall, is a shopping mall that has low consumer traffic or is deteriorating in some manner. [2] Many malls in North America are considered "dead" when they have no surviving anchor store or successor that could attract people to the mall. Without the pedestrian traffic that department stores ...
SHOPPING INTEL: What are Europe’s most frequented shopping streets? BNP Paribas Real Estate and retail market research company Locatus revealed the winners in their recent study of 34 metropolises.
Another factor is an over-supply of malls [24] as the growth rate of malls in North America between 1970 and 2015 was over twice the growth rate of the population. In 2004, Malcolm Gladwell wrote that investment in malls was artificially accelerated when the United States Congress introduced accelerated depreciation into the tax code in 1954. [25]
The Middle East is an artificial construct created by British and French diplomats after World War I, and the recent collapse of Syria has led to calls for the region to be divided according to ...