A shopping odyssey

New retail concepts developed every decade have dramatically changed where, why and how we shop. There have been two new types of shopping centers developed each decade since the 1970s: 1. In the 1970s, the regional enclosed mall and specialty or theme center were developed. 2. In the 1980s, both th...

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Bibliographic Details
Published inJournal of Property Management Vol. 68; no. 1; p. 34
Main Authors Muhlebach, Richard, Muhlebach, Eric
Format Trade Publication Article
LanguageEnglish
Published Chicago Institute of Real Estate Management 01.01.2003
Subjects
Commercial real estate
Decades
Designers
Factory outlets
Lifestyles
Neighborhoods
Restaurants
Retail stores
Retailing
Shopping centers
Trends
United States > US
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Summary:New retail concepts developed every decade have dramatically changed where, why and how we shop. There have been two new types of shopping centers developed each decade since the 1970s: 1. In the 1970s, the regional enclosed mall and specialty or theme center were developed. 2. In the 1980s, both the outlet center and power center were born. 3. The entertainment center and lifestyle centers were products of the 1990s. While there have not been any new types of shopping centers developed in the first decade of the 21st Century, a revitalization has occurred of two old and often neglected retailing areas - downtowns and neighborhoods. Retailers have also returned to urban neighborhoods with high densities, outstanding demographics and affluent populations with sophisticated tastes.
ISSN:0022-3905