...Research Paper Shopping Malls have been around for centuries their ancestor were enclosed such as the agora of ancient Greece or the Palais Royal of prerevolutionary Paris, and covered like the Jerusalem bazaar and the famous Istanbul’s Grand Bazaar. There are much closer ancestors but as famous as the old ones, the Galleria Vittorio Emanuele II in Milan built in 1867 is well known as it is a covered prolongation of the street with its shops, café and restaurants on two levels. The mall that we know nowadays was introduced by Victor Gruen, who designed the first famous modern mall, the indoor version of the traditional marketplace; it was an enclosed climate-controlled indoor mall in Minnesota in 1956. Since then malls have been around us and are now part of our culture. This paper will argue that malls play significant roles in suburban life. Some people believe that malls are destructive towards our life style. In some ways this is true. Malls do standardize the way of shopping by bringing all the wants and need of our society together but people forget that malls implements their own positive lifestyle. I will highlight three main arguments to demonstrate that malls represent well our culture and play a significant role in the suburban life. First by their design as there are nowadays not only places to shop but are artistic structures, secondly by the way they serve socials functions and finally that they provide a safe environment. Shopping malls are originally designed...
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...future of Shopping Malls and Big Box Retail Stores Michele A. Guinn Northeastern State University Abstract Shopping malls and big box stores appear to be less plentiful than they were twenty years ago. Is this a result of e-commerce or a confluence of consolidation? Each of these issues affects consumers and the way we go about our daily shopping activates. We are a society that follows trends, and the mall trend may be changing or just disappearing. This paper will cover were malls came from, where they are now, and what is foretold about the future of shopping malls and big box retailers. The current and future of Shopping Malls and Big Box Retail Stores Growing up, malls were a place to spend the day with family and friends while grabbing a bite to eat after getting a new haircut and then off to the arcade to spend a weekly allowance. Today over 400 malls have closed in the U.S. since 2007 and there is even a website devoted to “dead malls” that are out of commission. Big Box retail stores that provide consumers with the combination food/discount stores are not doomed but big box retailers that are “category killers” (toys, electronics, office equipment) are struggling from the effects of technology. Retailers with a smaller footprint will have an upper hand over the next 10 years as big box retailers need to figure out how to take advantage of this trend that is driven by technology, economic conditions, and overall customer wants and needs. Shopping malls that want...
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...World‘s Largest Shopping Mall After watching this video, I have 3 aspects want to share. First is the reason why this shopping mall located in China. Then I want analyze the reason why this mall is failing in China. Finally, I would like to give this shopping mall some suggestions. The world’s largest shopping mall located in China, because China has the largest amount of population, so in this country, most shopping malls need fit lots of people. Shopping malls in China need have enough space for parking and entertainment, as we can see, from outside of the mall, it is more like play ground or “Disney”, because in most of Asian countries, collectivism and familism are priority for most family, the shopping mall not only needs consider their customers, but also needs consider their families, such as their children and their friends. Offer them some places to take a break and have a chat. Because of globalization, more and more brands start to occupy the market of China, but the largest shopping mall “like a plane speeding down the runway”. It is hard to be accepted by these brands and also customers. This is kind a new thing for Chinese people, because the price of land is so expensive, this kind of mall cannot build in downtown, it has to be in outskirts, the traffic in city is horrible, so it needs take a long time to drive to the mall, so people don’t want waste their time on the traffic. In some other cities in China, there is also some shopping mall like this one,...
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...of shopping on the Internet and shopping in a mall? Give examples for both. With the development of the Internet, online shopping has become increasingly popular. However, this does not discourage people from shopping in malls since these two ways of shopping have their own advantages and disadvantages. Compared to shopping in a mall, shopping on the Internet is much more convenient. The photos of goods are well-displayed online. People can go through them easily. Besides, goods sold in online stores are cheaper than those that are sold in stores in malls. Stores in malls have higher costs since they need to pay rent and employees’ wages. On the other hand, shopping online has its disadvantages. Customers cannot try on the clothes and shoes they prefer, so they may fine things they buy do not fit them well. They cannot get what they want immediately as well. Since free-shipping usually takes a long time. If customers need to get the goods right away, shopping in a mall is their first choice. Many people think it is interesting to go shopping with friends, so they choose to shop in malls. They can spend a whole day in a shopping mall, trying on clothes or going window-shopping. What matters is that they can have fun with their friends. They cannot experience such happiness when they go online shopping. Furthermore, customers can actually see and touch the goods, so they are less likely to buy things that are poor quality. However, sometimes shopping in a mall can...
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...Köpcentrum och dess framtid analys av köpcentrumsituationen idag samt dess utveckling i Stockholmsregionen Författare: | | Adam Holmquist Albin Haglund Jacob Hessle Handledare: Björn Berggren | Stockholm 2012 | Innehållsförteckning 1. Inledning 2 1:1 Bakgrund 2 1:2 Syfte och frågeställningar 2 1:3 Metod 3 1:4 Tidigare undersökningar 3 1:5 Avgränsningar 3 1:6 Definitioner 3 2. Vilka typer av Gallerior/ Köpcentrum finns i Stockholmsregionen idag? 3 3. Konkurrens 4 4. Analys av marknaden 5 4.1 Analys av Kista, Vällingby och Täby 5 5. Framtiden, hur ser den ut? 6 6. Analys 7 7. Slutsatser 8 8. Käll- och litteraturförteckning 9 1. Inledning Denna uppsats utgör kursen ”Fastighetsutvecklingens och fastighetsförmedlingens grunder” vid Kungliga Tekniska Högskolan, Stockholm. Uppsatsen kommer att titta närmare på köpcentrum och gallerior i Stockholmsregionen. Hur har etableringen sett ut de sista tio åren? Vidare kommer framtiden diskuteras. Allt detta genom analys av olika data, information, litteratur samt genom att göra intervjuer med Torzan Torssell från fastighetsbolaget Steen och Ström samt Eric Myrén, VD för Eric Propertys. 1:1 Bakgrund De Svenska lanthandlarna erbjöd försäljning av olika produkter på en gemensam marknad. Folk uppskattade bekvämligheten att uppfylla flera behov på en och samma plats och avsaknaden av transportmedel var en avgörande faktor. Ett köpcentrum eller galleria...
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...Malls and Hypermarkets: Perspectives of Contemporary Shopping CHAPTER – 1 INTRODUCTION 18 School of Management Studies, Punjabi University, Patiala Malls and Hypermarkets: Perspectives of Contemporary Shopping 1.1 INTRODUCTION The last decade has witnessed dynamism in Indian retail sector. Various urban areas have been at the center of attraction with emergence of different kinds of organized retail formats gaining momentum. It is largely due to rising income, increasing purchasing power, credit facilities, changing pattern of consumer behaviour and increased consumer awareness. Retailing has emerged as one of the most important sectors of Indian economy beyond the 90s. A large number of retail model retail formats have come in force offering a wide spectrum of merchandise and services. The professional orientation and incorporation of various technology–enabled softwares has offered these retailers better customer relationship management, merchandise offering, store atmosphere and inventory management. There’s a flurry of activity as a revolution sweeps through small town India, with intimidating Malls, Hip stores, looming Hypermarkets & hangouts mushrooming all over the place, apart from a perceptible lifestyle change, breathing fire into these cities (Agarwal, 2006). And it is happening not just in one or two cities, but across all major Tier – II & III cities of India, and in a spectrum of sectors – booming real estate, malls, multiplexes and cinemas, global...
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...of Shopping Mall in Meerut Region”. Here is a questionnaire for project study. Kindly give 5 minutes for a research causes and fill the questionnaire by ticking () on the right choice. Name………………………………………………………………………………………………………………… Address…………………………………………………………………………………………………………….. Gender Male ( ) Female ( ) Age group 18-25 ( ) 25-35 ( ) 35-45 ( ) 45 and above ( ) Occupation Self-employed ( ) Professional ( ) Service ( ) Student ( ) Others ( ) Income Level 2-5 Lakh ( ) 5-8 Lakh ( ) 8-10 Lakh ( ) 10 Lakh & above ( ) Q1. Do you like purchasing or buying at the shopping mall? Yes ( ) No ( ) Q2. How many times do you visit shopping mall in a month? 2 Times ( ) 4 Times ( ) 6 Times ( ) 10 Times & above ( ) Q3. Did you ever purchase daily use product from shopping mall? Yes ( ) No ( ) Q4. With whom do you go to shopping mall? Family ( ) Alone ( ) Friends ( ) Others ( ) Q5. Do you feel any type of difference between shopping mall and retail store? Yes ( ) No ( ) Q6. How much are you satisfied with range and price of various products? Satisfied ( ) Highly satisfied ( ) Unsatisfied ( ) Highly unsatisfied ( ) Q7. What is a motive for visiting a shopping mall? Shopping...
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...Women World Mall Executive summary The concept of having all female needs from different products and services is the primary key of our project. Moreover, current harassment issues that disable females to go freely for shopping, self-caring and other female interests would strongly encourage them to use our facility. Adding to the above, the given privacy to females will create good communities for them and make them all feel at comfortable. On the other hand, too many husbands and parents get annoyed from harassment, they see everywhere. The new mall will give those the opportunity to have a peace of mind. In addition, males will be able to go for outings with their friends and colleagues, as they will not be worried about their wives or daughters. The strength of the project is being unique to provide the market with such service. The mall will be targeting high and mid classes. The brands that target those segments will be penetrated to cooperate with and ensure the variety of products and services for our mall customers. The mall investments will be returned within the first three years of operations. Situation Analysis 2.1 Market Summary The malls concept has started in Egypt since 1990s. In this period, all malls were small sized and just provided one type of products that was fashion. Later in mid of 2000s, the mega malls concept that provides variety of services and products to consumers has started with an aggressive acceptance...
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...promises their customer by providing them with the best quality new flavored fizzy drinks at the fastest possible time. Our combination of different juices and soft drinks would surely make the drinkers feel fanatical. We have set up our business at different shopping malls and departmental stores. We are also available for weddings and parties. We are a small business who presents the drinks as we receive the customer’s order on the counter. Within no time our customers have their drink in their hands. We have basically focused the youngsters and kids who mostly enjoy fizzy drinks and like to try out new flavors. We have set up our business at the shopping malls and departmental stores as we can receive customers at the hub of the mall. We have done our marketing through flyers, brochures, and most probably word to mouth. We have Our competitors are the other stalls which are the hub of the shopping malls like the gola wala, the magic corn, ice cream, etc. We are currently working 10 hours, seven days a week. We intend to provide customer satisfaction in every possible way. In the near future, we plan to expand our business by introducing new flavors. Moreover we intend to spread out by setting up at other shopping malls and starting something new along with fizzy drinks. The Challenge: The challenge of On the Rocks is to provide the best drinks in town. Our main focus is to gain customers satisfaction. Our basic aim is not only providing our customers with the best drinks...
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...Factors Affecting Purchase Decision of Online Shopping Mall in Hong Kong Background and Overall Research Aim According to the global transaction service provider, PayPal (2015), predicted that the online expenditure of Hong Kong will reach 25 Billion US Dollars by 2015. The main cause of this significant growth is drive by the rise of online shopping malls. However, a report which conducted by Hong Kong Trade Development Council (Hong-kong-economy-research.hktdc.com, 2015) states that the proportion of sales through online shopping platforms are only share 7.7% of the whole e-Commerce industry, which means the online shopping phenomenon is just at the early stage, with the growing of social media, such as Facebook, Twitter and Weibo (Castronovo and Lei, 2012), there is a plenty of room to grow. In order to understanding the e-commerce industry in Hong Kong, Go-Globe Hong Kong conduct a research about the e-commerce environment in Hong Kong. The main group of online shoppers are 25 to 34 years old (76.4%), while 40.5% aged between 50 to 64 years old. In 2013, there are 8.5% increase of Hong Kong residents shopping online in compare with 2011. Four out of five Hong Kong consumers use the internet to research what they want before purchasing or even purchase it online. And 49% of them are willing to spend more money on online shopping mall in the near future. With the smartphone are become more and more popular, 89% of smartphone users search a product which they desired in smartphone...
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...ANALYSIS OF HONG KONG PRIME RETAIL PROPERTY MARKET In analyzing Hong Kong’s retail property market, in particular the prime shopping mall segment, Michael Porter’s Five Forces Analysis Model is used. According to Porter, corporations in any industry are constrained from maximizing profit not just by rivalry with their competitors but by four further competitive forces. These five forces shape competitive intensity. They are: • Rivalry among competitors in the industry; • Threat of new entrants; • Bargaining power of suppliers; • Bargaining power of buyers; and • Threat of substitute products. Below is the analysis: • Rivalry among Established Competitors: Medium Pressure o Currently, major shopping malls in Hong Kong are primarily managed and owned by a handful of Chinese landlords, including Sun Hung Kai Properties, Henderson Land, Wharf Holdings, Hysan Development, Sino Land, Hang Lung Properties, as well as a few British-backed landlords such as Hongkong Land and Swire Properties. o Retailer demand is focused on prime locations in urban areas rather than secondary streets. These most sought-after locations are top choices for both global and local retailers seeking a presence in the city. Fierce retailer competition for the best locations means that landlords of prime shopping malls are allowed for jockeying for a better market position by select picking their right tenants and by upgrading their tenant and trade mix profiles. o With a common focus on selling...
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...'million sq.ft. malls' where every second developer wants to make one of the biggest malls in India? Do you support this trend? I support this unprecedented wave of million sq ft mall as with multiple demands on limited time, shoppers carefully choreograph their shopping trips. Mn sq ft size and prominence means that, for good or ill, these malls have a significant impact on a place and its character There is growing acceptance that as long as Big malls are well designed ,made, leased , and suitably located, they can accelerate retail growth in our country In broader perspective Million sq ft malls are signs of growing economic development and prosperity and the desire of the investor and builders to invest in these mega projects -- which means more choice for retailers , shoppers and increasing employment opportunities for catchment population. A large Mall is an indicator that a Industry is moving toward the future. Large malls require plenty of investment, more time and labor to construct , lease and operate but they also have long- and short term advantage . How sustainable will this trend be considering the economic condition of the country? Sustaining a successful retail development in India requires a high level of expertise, proactive management, and innovation. In the near term, the robust consumer demand will mask the lack of experience of these new developers. Over the longer term, however, it will be important for even developer of smaller malls to step...
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...2007 Mall Management – A Growing Phenomenon in Indian Retail Industry ExEcutivE Summary • The Indian retail market is expected to continue its growth trajectory into 2010. • Mall management has been identified as a critical factor for the success of malls and the retail industry across the world. • Mall management broadly includes mall positioning, zoning, tenant mix, promotions/ marketing and facility/finance management. • Currently, the Indian retail market lacks designated mall management firms. Large real estate developers and retail chains either have their own mall management arms operating as subsidiaries or have contractual agreements with international property consultants. • Till recently, mall management was limited to facility management by a majority of developers in India, leading to gaps in mall management practices. • Given the high future supply of malls and increasing competitiveness within the Indian retail market, developers must correctly address these gaps to ensure success. Mall Management – A Growing Phenomenon in Indian Retail Industry introduction Organised retailing in India witnessed a gross turnover of USD 320 billion1 in 2006. Although this figure is low compared with other developed economies, industry experts expect the growth rate of this sector at 35%2 until 2010. At present, about 100 malls are operational at a Pan-India level with a total area of 19 million sq ft. As per the current estimates, about 3003 additional malls are expected...
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...HOUSEKEEPING DEPARTMENT INTERVIEW QUESTIONS: 1. When can you start working? ___________________________________________________________________________________________________________________________________________________ 2. What are the key components of housekeeping? ___________________________________________________________________________________________________________________________________________________ 3. Are you good at multitasking? ___________________________________________________________________________________________________________________________________________________ 4. How would you handle a client who was angry or upset about something? ___________________________________________________________________________________________________________________________________________________ 5. How comfortable are you with chemical safety procedures? ___________________________________________________________________________________________________________________________________________________ 6. Can you give me some examples of health and safety procedures you have used? ___________________________________________________________________________________________________________________________________________________ 7. What types of procedure tracking systems have you used? ___________________________________________________________________________________________________________________________________________________ ...
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...visualsoftindia.com/journal.html VSRD-IJBMR, Vol. 1 (6), 2011, 348-361 RESEARCH ARTICLE RESEARCH ARTICLE A Study of Buying Behavior and Brand Perception of Consumers in Shopping Malls 1 M. Yaseen Khan* and 2SM Tariq Zafar ABSTRACT In India Shopping Malls industry is upcoming industry worth Rs 17000 Cr. In NCR (National Capital Region) Gurgaon is the most favorite place for the shopping malls. M.G. (Meharuli – Gurgaon) Road is the place for all famous shopping malls in Gurgaon. In NCR DLF, MGF, JMD, SAHARA, all big players are in the region. On M.G. Road Gurgaon MGF Group has two shopping malls in operation MGF Metropolitan Mall, MGF Plaza, Sahara Group has its Sahara Mall and DLF Group has its City Centre. The project involved the study of comparative analysis consumer buying behavior and brand perception of consumers regarding shopping malls on M.G. Road and Metropolitan Mall as a base. Consumer purchasing power is the main factor, which determines their buying behavior and brand of shopping malls. Shopping Malls are the places for the fun & entertainment, family outing, shopping and eating’s. In shopping Malls age factor is the most dominant factor in daily footfalls. In different shopping malls different age group consumers come and they impact on the buying behavior. Keywords: Shopping Malls, Consumer Behaviour, Brand Perception, Purchasing Power, Fun & Entertainment, Age Factors etc. 1. INTRODUCTION In 2009, India's nominal GDP stood at US$1.243 trillion, which...
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