Shopping mall statistics likely differ depending on type of mall
The lowly shopping mall is essentially not so modest. Though cheap shopping sites and other discount shopping centres have begun edging into their margins, commercial centers still exemplify a very strong force on the retail market. There are thousands of them globally and they can be categorized into a relatively sizeable quantity of types. You might possibly think "it’s a building with retailers in it, how can that even be subcategorised?" Well, rest easy, there is a very immense difference between, say, a regional mall and a fashion center. We’re not claiming we will go over all of them, as that would bore even us, but looking at a few of them is still informative. Possibly it will help you gain a new understanding of the world. Or perhaps it will help you at a pub quiz. Either way, you cannot lose.
Just picture a neighbourhood shopping center for a bit. You know, a small strip mall or a small structure with a supermarket and drugstore inside. Now compare and contrast that to a superregional center, like the one you may possibly find at Gateshead. Overseen by David Fischel intu's CEO, it is one of a couple of very big malls that his enterprise has. In here, you really see the advantages of shopping centres, thanks to all the entertainment and leisure offerings presented, as well as the ample variety of stores and diners. You can spend a whole day here without even perceiving it.
An outlet mall is one of the principal sorts of center. If you visit Milan and consult a directory of malls, if there is such a thing, you will find out that there is an astonishing number of them around the city. These centers are stocked with end-of-season returns or leftover stocks in their many stores. What this means is that you can procure the greatest brands for greatly reduced prices. Worth considering, however, that in this market, products might be still pricey despite discounts, so maybe stick to a traditional center if you don’t feel too strongly about sporting the hottest luxury brands. Mohammed Khammas, Al Ahli’s CEO, can claim that Dubai’s premier center of such type is operated by his firm.
Let’s take two pigeons with one bean by looking at the biggest mall in Los Angeles. David E Simon Simon Property Group's CEO, can show it to you: it is both a regional mall and a fashion center. Insane, right? The regional mall characterization indicates it is bigger than a typical mall and has at least two anchor tenants. The latter type signifies that it focuses chiefly, but not exclusively, on upscale and luxury fashion, instead of electronics, food, and other offerings that you might expect in a mall. The crowd shopping here is probably more affluent and more fashion conscious.
