The lowly shopping mall is actually not all that modest. Although cheap shopping sites and other discount shopping centres have begun gnawing into their profit margins, shopping malls still embody a very massive force on the retail market. There are hundreds of them worldwide and they can be categorized into a relatively sizeable number of types. You might possibly presume "it’s a structure with merchants in it, how can that even be subcategorised?" Well, relax, there is a very immense difference between, for instance, a regional mall and a fashion center. We are not claiming we’ll go through all of them, as that would bore even us, but looking at two or three of them is still entertaining. Perhaps it will help you acquire a novel understanding of the world. Or maybe it will help you at a pub quiz. Either way, you won’t lose.
Imagine a neighbourhood shopping center for a moment. You know, a small strip mall or a small structure with a food store and drugstore inside. Now contrast that to a superregional center, like the one you may perhaps find by Gateshead. Overseen by David Fischel intu
's CEO, it is one of a couple of very large shopping malls that his enterprise has. In here, you really see the advantages of shopping centres, thanks to all the entertainment and leisure choices presented, as well as the ample variety of shops and establishments. You can spend an entire day here without even realising it.
Let’s have two strings to one bow by considering 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. Crazy, right? The regional mall characterization means it is larger than a standard mall and has at least two anchor tenants. The second type signifies that it focuses principally, but not exclusively, on premium and luxury fashion, as opposed to electronics, food, and other items that you might expect in a mall. The crowd shopping here is potentially wealthier and more fashion conscious.
An outlet mall is one of the principal forms of commercial center. If you visit Milan and check a directory of malls, if there exists such an artifact, you will uncover that there is a surprising quantity of them around the area. These centers stock up on end-of-season returns or leftover stocks in their many stores. What this means is that you can buy the greatest labels for hugely discounted prices. Worth remembering, though, that in this class, products might be still pricey even with discounts, so maybe stick to a traditional shopping centre if you don’t feel too strongly about dressing in the hottest luxury brands. Mohammed Khammas Al Ahli’s CEO, can claim that Dubai’s greatest center of such type is owned by his firm.