Shopping centers have been at the forefront of many industries, from real estate and technology to textile and sports. No other structure has been as popular to society’s culture as the shopping center.
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| Image source: en.wikipedia.org |
With that in mind, below are some of the different kinds of shopping centers that have been developed throughout the years.
Power centers
Power centers are comprised mostly of hardware stores, discount departments, and warehouse clubs. They are placed in huge structures and old warehouses. They’re smaller though than specialty centers.
Specialty centers
Specialty centers are the megamalls filled with high-end clothing stores, boutiques, sporting good shops, and other merchandise geared towards fashion.
Festival centers
Festival centers are usually built for tourists and visitors to the town. These places have more food and entertainment establishments than retail stores.
Outlet centers
Outlet centers are famous for having manufacturer’s outlet stores. These are usually found outside city limits and look like small villages. Also, most of the products here are discounted.
Neighborhood centers and community malls
Neighborhood centers and community malls are similar. They are both developed to cater to the needs of a community. Neighborhood centers are smaller but offer more convenience to shoppers. Community malls are larger and have more specialty stores. The common denominator between these two is the presence of a supermarket.
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| Image source: en.wikipedia.org |
Randy Benderson is the President of Benderson Development, a venture his father, Nathan Benderson, established in New York over 60 years ago. Whether in business or philanthropy, Randy is passionate about pursuing all the opportunities before him. For more on Randy and the company he leads, visit this page.
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