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Shopping-Center
In contrast to the various characteristic forms of shopping
and business precincts which have grown up in cities
and suburban districts, the term shopping center
is taken to denote a deliberately planned and developed
artificial concentration of retail outlets
and service company premises managed and operated
as a unified entity. Shopping centers thus involve a
cooperative system within the retail trade.
The generally accepted definition of this specialized
form of commerce is that applied by the Urban Land Institute,
Washington, which has also been used for many years
by the International Council of Shopping Centers, New
York:
A group of retail or other commercial establishments
that is planned, developed, owned and managed as a single
property. On-site parking is provided. The centers
size and orientation are generally determined by the
market characteristics of the trade area served by the
center. The two main configurations of shopping centers
are malls and open-air strip centers.
Specialty Retail Markets
/ Retail Parks
Fachmarktzentren or specialty retail markets,
have considerably gained in importance in Germany over
recent years.
The distinction between these markets and classical
shopping centers lies particularly in the composition
of the retail companies occupying the premises, and
the dominance of those rental occupants with a consumer-magnet
function. These normally consist of discount stores
covering various market segments; many are self-service
stores with the objective of attracting larger volumes
of customers. The specialty retail markets are frequently
complemented by shop avenues, restaurants and services.
Specialty retail markets are normally situated on the
perimeters of cities with particular ease of road access.
In comparison with traditional shopping centers, they
involve relatively low construction costs and employ
straightforward, less sophisticated interior and exterior
design. Predominantly single-story in construction,
the markets usually have open parking lots at ground
level.
Factory-Outlet-Center
A factory outlet center is a grouping of a large number
of brand-name manufacturers' outlets at the same location,
where each manufacturer rents its own separate retail
unit, an outlet store, offering its own products directly
to consumers at reduced prices. Generally, this retail
structure is supplemented by additional retailers, such
as off-price retailers, licensed dealers, resellers,
catering establishments and recreational facilities.
In contrast to a traditional shopping center, which
is an agglomeration of retail companies and miscellaneous
service companies offering products for short-term,
medium-term and long-term consumption, a factory outlet
center is primarily an association of manufacturers
of brand-name products in the categories clothing, shoes,
leather goods and household goods, including glass and
chinaware.
Off-Price-Center
Off-price centers are closely related to factory outlet
centers. The tenants are off-price retailers, in other
words traditional retail sales companies. The individual
stores in an off-price center are generally smaller
than those in a factory outlet center, with an average
shop size of around 95 m². The analysis of existing
European outlet malls reveals that they are often mixed,
in that they contain both factory outlets and off-price
retailers.
Urban-Entertainment-Center
Urban entertainment centers involve a combination of
entertainment, adventure, shopping and communication,
seeking to exploit their synergistic effect. The most
appropriate locations are inner-city sites capable of
attracting tourists as well as regular local visitors
with the necessary purchasing potential. The components
of an urban entertainment center include recreation-oriented
retail outlets (merchandising), as well as various forms
of entertainment and recreation (multiplex cinemas,
family entertainment centers, musical theaters and theme-based
restaurant concepts).
Neighborhood Shopping Centers
The neighborhood center supplies a relatively circumscribed
catchment area with everyday commodities and supplementary
services. A supermarket or large chain store commonly
functions as its central magnet. Since a substantial
proportion of customers reach this type of shopping
center on foot, the relation between parking space and
total sales area is generally lower than in the case
of larger shopping centers. Neighborhood centers range
in size from 3,000 to 8,000 square meters.
Regional Shopping-Center
A regional shopping center normally has a large catchment
area. Characterized by a high degree of quantitative
and qualitative centralization, a regional shopping
center offers a wide spectrum of commodities and services.
In addition to numerous specialty retail stores, services
and restaurants, major chain-store companies and department
stores, as well as self-service stores for household
goods, furnishings and DIY equipment, etc., generally
maintain outlets and function as magnets. The location
of a regional shopping center is particularly influenced
by the traffic infrastructure, or the ease of consumer
access. Sufficient parking space is of prime importance.
In Germany, we categorize centers with at least 15,000
square meters of sales area as regional shopping centers.
Arcades/Galleries/Courts
In the search for extensions to existing inner-city
shopping precincts, but also as complements to pedestrian
zones, numerous further inner-city shopping opportunities
have been developed in recent years, primarily in the
form of arcades, galleries and covered interior courts.
There are presently around 500 such arcades and galleries
in Germany. An arcade is a special type of shopping
center incorporating smaller and medium-sized retail
outlets, restaurants and services, offering high-end
products and interior design aimed at satisfying more
sophisticated tastes.
Shopping Centers at Airports
At airports, non-aviation activities are rapidly gaining
in importance. Conference facilities, retail outlets,
restaurants and leisure opportunities are expanding,
complementing the product spectrum available at airports,
thereby enhancing their competitive profile. The target
groups addressed by airport retailers are not only comprised
of airline passengers, but also include airport employees,
daily visitors, people who work in the airports
vicinity, and local consumers.
Major airports in particular have recognized the importance
of airport retailing, and exploit the large numbers
of visitors as well as the deregulated, more liberal
shop-opening times. For airport operators, higher rental
rates and space utilization are often relativised by
increased incidental costs. Key factors are passenger
stop-over time and highly differentiated customer demands.
In addition to national and international retail products,
shopping centers at airports commonly feature a range
of specifically regional products (local flair).
Shopping Centers in Rail
Stations
A special form of shopping center is the center integrated
within a rail station. In the course of modernization
and revitalization of rail stations, new shopping centers
have arisen, many in the very heart of the city. New
shopping concepts address both the specific needs of
travelers and those of local consumers.
Trading space
The Catalogue E Begriffsdefinitionen aus der Handels-
und Absatzwirtschaft (Definition of terms of the
commercial and distributive trade) of The Institute
for Trade Research at the University of Cologne defines
the trading space of a commercial enterprise as the
entire space used for business purposes, which also
includes sales, exhibition, storage, dispatch, office
and rest rooms, as well as open spaces such as a yard
where material is stored or other storage places. Car
parks, however, are not included in the trading space.
So the trading space differs from the sales space in
that it includes storage, dispatch, office and rest
rooms besides the sales space.
Sales space
In Catalogue E of The Institute for Trade Research at
the University of Cologne the sales space of a commercial
enterprise is the space used for the sale of goods,
including corridors, stairs, space for furnishings,
shop windows and open space as far as it is not accessible
by the customers. It also includes open space which
is not only temporarily used for sales purposes.
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