Site MapHelpFeedbackKey Terms
Key Terms
(See related pages)


central business district (CBD)  the traditional downtown business area of a city or town.
demalling  the activity of revitalizing a mall by demolishing a mall's small shops, scrapping its common space and food courts, enlarging the sites once occupied by department stores, and adding more entrances into the parking lot.
destination store  a retail store in which the merchandise, selection, presentation, pricing, or other unique feature acts as a magnet for customers.
fashion/specialty center  A shopping center that is composed mainly of upscale apparel shops, boutiques, and gift shops carrying selected fashions or unique merchandise of high quality and price.
freestanding site  Fixtures and mannequins located on aisles that are designed primarily to get customers’ attention and bring them into a department.
gentrification  a process in which old buildings are torn down or are restored to create new offices, housing developments, and retailers.
inner city  Typically a high-density urban area consisting of apartment buildings populated primarily by ethnic groups: African Americans, Hispanics, and Asians.
kiosk  A small selling space offering a limited merchandise assortment.
lifestyle center  A shopping center with an outdoor traditional streetscape layout with sit-down restaurants and a conglomeration of specialty retailers.
Main Street  the central business district located in the traditional shopping area of smaller towns, or a secondary business district in a suburb or within a larger city.
mall  a shopping center with a pedestrian focus where customers park in outlying areas and walk to the stores.
mixed-use development (MXD)  development that combines several uses in one complex-for example, shopping center, office tower, hotel, residential complex, civic center, and convention center.
outlet centers  Typically features stores owned by retail chains or manufacturers that sell excess and out-of-season merchandise at reduced prices.
power center  Shopping center that is dominated by several large anchors, including discount stores (Target), off-price stores (Marshalls), warehouse clubs (Costco), or category specialists such as Home Depot, Office Depot, Circuit City, Sports Authority, Best Buy, and Toys “R” Us.
regional center  Shopping mall that provides general merchandise (a large percentage of which is apparel) and services in full depth and variety.
shopping center  A group of retail and ther commercial establishments that is planned, developed, owned, and managed as a single property.
shopping goods  Products for which consumers will spend time comparing alternatives.
strip mall  A shopping center that usually has parking directly in front of the stores and does not have enclosed walk-ways linking the stores.
superregional center  Shopping center that is similar to a regional center; but because of its larger size, it has more anchors and a deeper selection of merchandise, and it draws from a larger population base.
theme/festival centers  A shopping center that typically employs a unifying theme that is carried out by the individual shops in their architectural design and, to an extent, in their merchandise.
traditional strip center  A shopping center that is designed to provide convenience shopping for the day-to-day needs of consumers in their immediate neighborhood.







Retailing ManagementOnline Learning Center

Home > Chapter 7 > Key Terms