Another challenge for shopping center owners is that most retailers, particularly
the large anchor stores, are locked into 15 - to 20 - year leases.
Back then, only two of the mall's three
large anchor stores — the Bon Marche and J.C. Penney — were part of national chains.
Not exact matches
Simon Property Group, the nation's
largest mall operator, essentially invented the department -
store anchor model, and did more than any other company to popularize it.
For decades,
large department
stores served as the
anchor store for malls and shopping centers.
Of those competitors, Nordstrom has both the
largest number of
store locations and the
largest geographic footprint, and its
stores anchor many upscale malls throughout the United States.
I meandered around the pedestrian - only streets that make up a bulk of downtown, ducking occasionally into a one of the many
stores there to warm up, then I headed to the water's edge to the Gothenburg Maritime Museum, a flotilla of
anchored boats that claims the title of the world's
largest floating ship museum (how many are there anyways?).
Large locations that held
anchor stores like Target and Future Shop may be replaced by two or three smaller tenants.
Ideally situated on the busiest transportation corridor in the province of Alberta, the Queen Elizabeth II Highway, the innovative 1.2 million - square - foot shopping centre is the
largest single level shopping centre in Alberta, with 17
large format
anchors and more than 200 specialty
stores and premium brand outlets.
In the last two years, more than 400 of the
largest 2,000 malls in the U.S. have shut their doors as «
anchor» tenants (department
stores such as Dillards, JC Penney) have pulled out, causing a cascade of smaller
stores closing up.
The multi-national real estate investment firm will partner with Poland - based Polimeni International on the projects, which will be
anchored by «hypermarkets» — a
large retail
store that combines a drugstore, supermarket and discount
store under one roof.
Approximately 62 percent of Centro's U.S. centers are grocery -
anchored, with a
large concentration of Kroger, Ahold USA and Publix Super Markets
stores.
These shopping centers — which are usually
anchored by supermarkets and
large drug
stores — are continuing to confront competition from online shopping and struggling to find ways to co-exist.
In some cases, the smaller nontraditional
anchors can't fill an entire space left vacant by a
larger department
store.
These shopping centers are usually
anchored by supermarkets or
large drug
stores.