BY: CALLIE W, SAJA S, BRITTANY B BUILDING A SHOPPING MALL.

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“Why do People Come to the Mall to Shop”

Transcript of BY: CALLIE W, SAJA S, BRITTANY B BUILDING A SHOPPING MALL.

BY: C A L L I E W , S A JA S , B R I TTA N Y B

BUILDING A SHOPPING MALL

WHY?

• Revenue

• Tourism

• Provides services

“Why do People Come to the Mall to Shop”

LOCATION

• Selection of a retail location requires time and careful consideration• easy access to pull customers• parking as a common feature of the layout• weather protection• neighborhoods

(Building a shopping mall)

CONSTRUCTION COST

• Building: 20-200 million dollars• Materials• Builders• Electricians• Painters• Plumbers• Labor• Mac Cost*

MAINTENANCE COST

• Cleaning:• Bathrooms• Trash

• Décor

• Vending

• Maintenance Staff

TYPES OF MALLS

• Strip Mall

• Outlet Mall

• Mega Mall

• Shopping Center

"Shopping-Mall."

FLOOR PLANS

• Circle

• Square

• Outdoor

• Indoor “Mall of America Map”

RETAIL STORES

• Depends on how large is the mall• successful retailers• has a reasonable chance of success• Has a good reputation • Adequate interior space

“Start a Retail Business in a Shopping Mall”

RETAIL STORE LOCATION

• Stores location within the mall• Visible• Catch the shopper eyes

• adjacent stores • Easy of entry and exit • Fit in the retail mix

RETAIL STORE EXPENSES

• rent is a fixed amount • no relationship to sales volume.• guaranteed rent per square foot.

• pay for light fixtures• Counters• shelves,• painting,• floor coverings,• installing your own heating and cooling units

(Retail store )

TOP 10 RETAIL STORES

1. Kohl’s2. Dillard’s3. Macy’s4. Belk5. Neiman Marcus

6. Sak Incorporated7. Burlington Coat Factory8. Bon-Ton Stores9. Sears10.JCPenny

“Kohl’s”

FOOD COURTS

• Diverse

• Kid Friendly

• Eating style accommodations

ATMOSPHERE

• provide an atmosphere created for shopping comfort

• Weather protection

• Incising color scheme

• Fun

FAMILY

• Kids Attractions in food Courts

• Kids attractions around the mall

• Kid Friendly stores

“Play Place.”

EVENTS

• Santa Claus

• Easter Bunny

• Private Event• Proms• Weddings• parties

CRIME IN MALLS

• Crime depends on the location of the mall.

• Most is not premeditated.

• Most crime is caused by adolescents.

• Buy as well as steal.

LARGEST SHOPPING MALL IN USA

• Mall of America(1992)• 4.87 million square feet• 40 million visitors annually• $2 billion generates in economic

activity annual • 500+ stores

WORLD • New South China Mall in Dongguan

“Ghost Mall” (2005)• 7,100,000 sq. ft.• Expected 100,000 visitors a day• 47 stores in this entire shopping

mecca

(Tour China's Enormous)(Facts About The Mall Of America)

DISADVANTAGES

“mall building.”

• Excessive crowding especially on weekends and holidays.

• Retailers may not like mall managements control of their operations

• Competition within shopping centers can be intense

• Keeping to a monthly budget becomes difficult

HOW MUCH DO THEY MAKE

• Malls only make rent money• stores in a mall pay rent• Rents vary

• Average amount changes based on the amount of stores in the mall.

ADVANTAGES

• Various types of brands under one roof.• There are a lot of different events and offers.• There is food• great meeting places for friends to catch up• Beat the weather and still shop• We find everything needed at one stop

(Shopping mall)

SUMMARY

• It’s all about location• All aspects of funding are considered• Stores are selected with care• Malls are every where• With good comes bad

“That’s All Folks.”

WORK CITED Taylor, Adam. "Tour China's Enormous 'Ghost Mall' That Sits Virtually Empty Years After It Was Built." Business

Insider. Business Insider, Inc, 05 Mar. 2013. Web. 20 Apr. 2015.

Zigler, Andrew. "30 Surprising Facts About The Mall Of America." BuzzFeed. BuzzFeed, 28 July 2014. Web. 20 Apr. 2015.

http://www.businessinsider.com/new-south-china-mall-tour-a-ghost-mall-2013-3

http://www.mallofamerica.com/about/moa/facts

“Why do People Come to the Mall to Shop” tockingtonmanorschool.com

 “Mall of America Map” freeinfo.website/category/mall-of-america

"Shopping-Mall." Shopping-Mall. Covert Surveillance Inc., n.d. Web. 17 Apr. 2015.

Newmen, Rick. "America's Most Profitable MUSalls - US News." US News RSS. N.p., 26 June 2009. Web. 21 Apr. 2015.

"10 Things Shopping Malls Won't Tell You." MarketWatch. Market Watch Inc., 28 June 2011. Web. 21 Apr. 2015.

“Kohl’s.” http://www.ksl.com/?sid=23447230

“Play Place.” http://www.buriedwithchildren.com/how-to-make-friends-at-the-mall-play-area/

“That’s All Folks.” http://jewelsbyjuul.blogspot.com/2014/05/thats-all-folks-wallpaper.html