Strip Mall Ownership
For those of you who love to shop and bargain, a great way to experience Japan is by visiting some of the outlet malls in and around Tokyo. In addition to the food court there are several other little places around the mall to get a quick bite to eat or a beverage to curb those hunger pains while shopping. Also, in 1905 Lambardi’s was opened when the City of New York furnished the foundation with the primary permit for a pizzeria in the US.
Siam Paragon (Siam BTS Station) – The current reigning champion of malls in Bangkok for those with expensive needs, tastes and a deep pocketbook. In the top 10 largest malls in world 2013 list – 1 Utama took 4th place, Mid Valley Megamall took 8th place and Sunway Pyramid shopping mall took 9th place. Glasgow Fort is one of Scotland’s top shopping destinations, offering a whole range of the UK’s favourite retail brands. The biggest ones are located in Alcobendas, Arroyomolinos, Getafe and Las Rozas.
In the same decade, the real estate developers started to discover the huge potential and high efficiency of combing shopping malls with other programmes like residential housing, offices and hotels to make money. The Japanese brought to Hong Kong a new culture of consumption, with unprecedented enterprise culture, marketing strategies and shopping experience. More and more shopping malls are built in the last decade, with almost one new gigantic mall complete every year.
The new towns then became the new markets for the retailing industry, which formed the background for the genesis of the shopping malls for Hong Kong people. The development of the shopping malls got mature in the new towns in the eighties, and then went back to the central area of the city with a triumph in later time. Macy’s also recently closed and as of September 2015, Sears is about to liquidate their entire store, leaving JCPenny as the only main anchor of the mall.
There are also three Asian shopping centres in Richmond: Aberdeen Centre, Yaohan Centre and Parker Place. This outlet mall is one of the more expansive shopping malls around and has views of Mt Fuji on a clear day. The shopping malls then came naturally to the centre of these new towns, being typical models of condensation of commercial, retailing and consuming activities under capitalism. I know that for a fact the Malls in Asia are packed with things that make people want to go to them. Previously known as a famous theater street in Taipei, Ximending is a popular shopping spot for the youth in the city. According to Arvind Singhal of Technopark, a real estate consultancy, real estate developers just need to plan their malls well and manage a right mix of tenants. In the last two decades, however, the booming of the shopping malls not only speeded up the fall of the department stores but also dismantled the communities of the neighbourhoods in the urban centre.