Retail Terms: Must Read

Power Center

Shopping center that is dominated by several large anchors, including discount stores (Target), off-price stores (Marshalls), warehouse clubs (Costco), or category specialists such as Home Depot, Office Depot, Circuit City, Sports Authority, Best Buy, and Toys “R” Us.

Regional Center

Shopping mall that provides general merchandise (a large percentage of which is apparel) and services in full depth and variety.

Shopping Center

A group of retail and their commercial establishments that is planned, developed, owned, and managed as a single property.

shopping goods

Products for which consumers will spend time comparing alternatives.More…

Strip Mall

A shopping center that usually has parking directly in front of the stores and does not have enclosed walk-ways linking the stores.

Super-regional Center

Shopping center that is similar to a regional center; but because of its larger size, it has more anchors and a deeper selection of merchandise, and it draws from a larger population base.

Theme/Festival Centers

A shopping center that typically employs a unifying theme that is carried out by the individual shops in their architectural design and, to an extent, in their merchandise.

Traditional Strip Center

A shopping center that is designed to provide convenience shopping for the day-to-day needs of consumers in their immediate neighborhood.

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