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Advantages & Disadvantages of Shopping Mall. By Megan Hultz & Jade Reisland. Shopping Centers. Group of retail and other commercial establishments that are planned, developed, owned, and managed as a single property. Advantages of Shopping Malls. Many types of stores within one location

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advantages disadvantages of shopping mall

Advantages & Disadvantages of Shopping Mall

By Megan Hultz & Jade Reisland

shopping centers
Shopping Centers
  • Group of retail and other commercial establishments that are planned, developed, owned, and managed as a single property
advantages of shopping malls
Advantages of Shopping Malls
  • Many types of stores within one location
  • Merchandise assortments available within those stores
  • Opportunity to combine shopping with entertainment
  • Attract many shoppers
  • Large trade area
  • Generate significant pedestrian traffic
  • Inexpensive form of entertainment
  • Customers don’t have to worry about weather
disadvantages of shopping malls
Disadvantages of Shopping Malls
  • Occupancy cost are higher than those of strip centers, freestanding sites, most central business districts
  • Retailers may not like mall managements control of their operations
  • Strict rules governing store displays and signage
  • Competition within shopping centers can be intense
  • Similar merchandise sold in a close proximity
rushmore mall
Rushmore Mall
  • Shopping malls are classified as either regional malls or super regional malls.
  • Our mall is classified as a regional mall because its less then 1 million square feet
rushmore crossing
Rushmore Crossing
  • Power Center
  • Consist primarily of collections of big box retail stores, such as discount stores like Target, warehouse clubs, and category specialist
  • Few small specialty tenants
  • Many power centers are located near an enclosed shopping mall
specialty shopping
Specialty Shopping
  • Having a convenient location is not important for specialty shopping
  • Customers are willing to travel and pay more for specialty products
convenience shopping
Convenience Shopping
  • Dons Valley Market Express
  • Is convenient because they off one stop shopping
  • You can buy milk, meats, vegitables, canned food, fruit and still have the convenience of a gas station
store within a store
Store within a Store
  • Wal-mart
  • Within Wal-Mart you can also eat at McDonalds, get your nails done, a hair cut and get your picture taken
  • Great Western Bank is also in Wal-Mart
main street shopping centers
Main Street Shopping Centers
  • Traditional shopping area in smaller towns, or secondary business district in a suburb or within a larger city.
  • Occupancy cost are generally lower because they do not draw as many people as the primary CBD
  • Fewer people work in the area
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