Important!! Shopping Center information

Shopping Center Statistics.

• There are 46,990 shopping centers in the United States. The vast majority of shopping centers (95%) are open-air centers.
• California has the most shopping centers - 6,243
• Wyoming has the least - 55
• In 2003, there were 662 more shopping centers operating in the United States than in 2002.
• There are 1,130 enclosed malls in the United States.
• There are over 100 lifestyle centers currently operating in the United States.
• There are approximately 230 factory outlets in the United States.
• In 2003, shopping center-inclined sales accounted for $1.98 trillion in sales, 76 percent of all non-automotive retail sales.
• Shopping center-related employment totaled 17,605,100 jobs in 2003.
• Shopping center-inclined sales generated $84.3 billion in states sales taxes in 2003.
• Supermarkets are the most common anchor in open-air centers. The second most popular anchor is a drug store for open-air centers below 200,000 square feet and a discount department store for centers 200,000 square feet and larger.
• Apparel and accessories stores account for nearly half of all non-anchor mall space.
• Approximately, 40 million people a year visit the largest mall in the United States - the Mall of America. (more visitors than Las Vegas)
• Southdale Center in Edina, Minn., opened in 1956 as the first fully enclosed mall. It had a two-level design and two competitive department stores as anchors..
• Consumers spent approximately 76.4 minutes per mall visit and went to 1.3 mall stores per visit, spending an average of $68.20 per mall visit.

Source: International Council of Shopping Centers website, icsc.org, May 2004

System