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124-623: The Peak Tower is a shopping complex located at Victoria Gap , near the summit of Victoria Peak on Hong Kong Island , Hong Kong . It also houses the upper terminal of the Peak Tram , a funicular railway. Both the Peak Tower and the Peak Tram are owned by the Hongkong and Shanghai Hotels group, the owner of Hong Kong's Peninsula Hotel and other properties. The tower and tram are jointly promoted by

248-496: A pochteca was a professional merchant who travelled long distances to obtain rare goods or luxury items desired by the nobility. The system supported various levels of pochteca – from very high status through to minor traders who acted as a type of peddler to fill in gaps in the distribution system. Colonial sources also record Mayan market hubs at Acalan , Champotón , Chetumal , Bacalar , Cachi, Conil, Pole, Cozumel , Cochuah , Chauaca, Chichén Itzá , as well as markets marking

372-540: A May Company California . Two of the largest shopping centers at the time were both in the San Fernando Valley , a suburban area of Los Angeles . They each consisted of one core open-air center and surrounding retail properties with various other owners, which would later hasten their decline as there wasn't a single owner, but rather a merchants' association, which was unable to react quickly to competition in later decades. Valley Plaza opened August 12, 1951. In

496-486: A shopping mall with leisure amenities oriented towards upscale consumers. Theme or festival centers have distinct unifying themes that are followed by their individual shops as well as their architecture. They are usually located in urban areas and cater to tourists. They typically feature a retail area of 80,000 to 250,000 square feet (7,400 to 23,200 m ). An outlet centre (or outlet mall in North America)

620-517: A town centre ) is typically larger with 400,000 sq ft (37,000 m ) to 800,000 sq ft (74,000 m ) gross leasable area with at least two anchor stores and offers a wider selection of stores. Given their wider service area, these tend to have higher-end stores ( department stores ) that need a larger area in order for their services to be profitable. Regional centres have tourist attractions, education and hospitality areas. Indoor centres are commonly called Shopping Malls in

744-435: A "shopping center". By the 1940s, the term "shopping center" implied — if not always a single owner — at least, a place sharing comprehensive design planning, including layout, signs, exterior lighting, and parking; and shared business planning that covered the target market, types of stores and store mix. The International Council of Shopping Centers classifies Asia-Pacific, European, U.S., and Canadian shopping centers into

868-501: A charter to local Lords to create markets and fairs for a town or village. A charter protected the town's trading privileges in return for an annual fee. Once a chartered market was granted for specific market days, a nearby rival market could not open on the same days. Fairs, which were usually held annually, and almost always associated with a religious festival, traded in high value goods, while regular weekly or bi-weekly markets primarily traded in fresh produce and necessities. Although

992-408: A fair's primary purpose was trade, it typically included some elements of entertainment, such as dance, music, or tournaments. As the number of markets increased, market towns situated themselves sufficiently far apart so as to avoid competition, but close enough to permit local producers a round trip within one day (about 10 km). Some British open-air markets have been operating continuously since

1116-623: A few days and the quantity supplied is relatively inelastic. The second group is the short period market where the time in which the quantity supplied can be increased by improving the scale of production (adding labor and other inputs but not by adding capital). Many non-perishable goods fall into this category. The third category is the long-period market where the length of time can be improved by capital investment. Other ways to classify markets include its trading area (local, national or international); its physical format or its produce. Major physical formats of markets are: Markets may feature

1240-434: A lengthy description which paints a picture of a highly organised, vibrant operation which attracted large number of visitors from some distance away. "As for the people in the fair, they all universally eat, drink and sleep in their booths, and tents; and the said booths are so intermingled with taverns, coffee-houses, drinking-houses, eating-houses, cookshops &c, and all tents too, and so many butchers and higglers from all

1364-439: A local market is a standard feature of daily life. Given the market's role in ensuring food supply for a population, markets are often highly regulated by a central authority. In many places, designated marketplaces have become listed sites of historic and architectural significance and represent part of a town's or nation's cultural assets. For these reasons, they are often popular tourist destinations. The term market comes from

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1488-405: A market tax for the right to trade on market days. Some archaeological evidence suggests that markets and street vendors were controlled by local government. A graffito on the outside of a large shop documents a seven-day cycle of markets: "Saturn's day at Pompeii and Nuceria, Sun's day at Atella and Nola, Moon's day at Cumae", etc. The presence of an official commercial calendar suggests something of

1612-537: A number of modern features including central heating and cooling, a large outdoor parking area, semi-detached anchor stores, and restaurants. Later that year the world's first fully enclosed shopping mall was opened in Luleå , in northern Sweden (architect: Ralph Erskine ) and was named Shopping ; the region now claims the highest shopping center density in Europe. The idea of a regionally-sized, fully enclosed shopping complex

1736-750: A particular type of produce – such as the silversmith's street or the textile district. In Tangiers , a sprawling market fills the many streets of the medina and this area is divided into two sections, known as the Grand Socco and the Petit Socco . The term ' socco ' is a Spanish corruption of the Arabic word for souk , meaning marketplace. These markets sell a large variety of goods: fresh produce, cooking equipment, pottery, silverware, rugs and carpets, leather goods, clothing, accessories, electronics, alongside cafes, restaurants and take-away food stalls. The medina at Fez

1860-560: A primary trade area of 5 to 10 miles (8 to 16 km). A retail park , in the United Kingdom and Europe, is a type of shopping centre found on the fringes of most large towns and cities in the United Kingdom, and some (but not all) other European countries. In Europe, any shopping center with mostly "retail warehouse units" (UK terminology; in the US the term is " big-box stores "/superstores), 5,000 square metres (54,000 sq ft) or larger

1984-516: A range of merchandise for sale, or they may be one of many specialist markets, such as: Markets generally have featured prominently in artworks, especially amongst the Dutch painters of Antwerp from the middle of the 16th century. Pieter Aertsen was known as the "great painter of the market". Both he and his nephew, Joachim Beuckelaer , painted market scenes, street vendors and merchants extensively. Elizabeth Honig argues that painters' interest in markets

2108-400: A reputation for quality produce, efficient market regulation and good amenities for visitors such as covered accommodation. By the thirteenth century, counties with important textile industries were investing in purpose built halls for the sale of cloth. London's Blackwell Hall became a centre for cloth, Bristol became associated with a particular type of cloth known as Bristol red , Stroud

2232-485: A retail area of 100,000 to 350,000 square feet (9,300 to 32,500 m ) and serve a primary area of 3 to 6 miles (5 to 10 km). Local-scale shopping centres usually have a retail area of 30,000 to 150,000 square feet (2,800 to 13,900 m ), and serve a primary area in a 3-mile (5 km) radius. They typically have a supermarket as an anchor or a large convenience shop and commonly serve large villages or as secondary centres to towns. Car-dependent centres in

2356-644: A sort of pleasant and wholesome, and very refreshing beer. Palm wine, acqua vita and spirits which they get from the Europeans, are kept in other shops, with restrictions on sale to prevent drunkenness and riots. Here slaves of both sexes are bought and sold, also oxen, sheep, dogs, hogs, shish and birds of all kind. Woollen cloths, linen, silks and calicoes of European and Indian manufacture, they have it in great abundance, likewise hard-ware, china and glass of all sorts; gold in dust and ingots, iron in bars, lead in sheets and everything of European, Asiatic or African production

2480-402: A system of formal, chartered markets from the 12th century. Throughout the medieval period , increased regulation of marketplace practices, especially weights and measures, gave consumers confidence in the quality of market goods and the fairness of prices. Around the globe, markets have evolved in different ways depending on local ambient conditions, especially weather, tradition, and culture. In

2604-618: A system of fresh produce hubs to serve as a platform for producers to market and distribute their produce. It is anticipated that these hubs will assist in curbing the number of sellers who take their produce to South Africa where it is placed on cold storage, only to be imported back into the country at a later date. Fresh produce markets have traditionally dominated the South African food chain, handling more than half of all fresh produce. Although large, vertically integrated food retailers, such as supermarkets, are beginning to make inroads into

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2728-417: A systematic study of European market towns between the thirteenth and fifteenth century. Their investigation shows that in regional districts markets were held once or twice a week while daily markets were common in larger cities. Over time, permanent shops began opening daily and gradually supplanted the periodic markets, while peddlers or itinerant sellers continued to fill in any gaps in distribution. During

2852-455: Is Strøget in Copenhagen, Denmark . In the U.S. chiefly in the 1960s, some cities converted a main shopping street (usually several blocks of one street only) to pedestrian zones known at the time as shopping malls (i.e. the original meaning of "mall": a "promenade"), but now referred to as pedestrian malls . A shopping arcade is a type of shopping precinct that developed earlier and in which

2976-405: Is a group of shops built together, sometimes under one roof. The first known collections of retailers under one roof are public markets , dating back to ancient times, and Middle Eastern covered markets, bazaars and souqs . In Paris, about 150 covered passages were built between the late 18th century and 1850, and a wealth of shopping arcades were built across Europe in the 19th century. In

3100-469: Is a retail park, according to the leading real estate company Cushman & Wakefield. This would be considered in North America either a power center or a neighborhood shopping center , depending on the size. A lifestyle center ( American English ), or lifestyle centre ( Commonwealth English ), is a shopping center or mixed-used commercial development that combines the traditional retail functions of

3224-820: Is a type of shopping center, a North American term originally meaning a pedestrian promenade with shops along it, but in the late 1960s began to be used as a generic term for large shopping centers anchored by department stores, especially enclosed centers. Many malls in the United States are currently in severe decline (" dead malls ") or have closed. Successful exceptions have added entertainment and experiential features, added big-box stores as anchor tenants, or are specialized formats: power centers , lifestyle centers , factory outlet centers, and festival marketplaces . Smaller types of shopping centers in North America include neighborhood shopping centers , and even smaller, strip malls . Pedestrian malls (shopping streets) in

3348-495: Is a type of shopping centre in which manufacturers sell their products directly to the public through their own stores. Other stores in outlet centres are operated by retailers selling returned goods and discontinued products, often at heavily reduced prices. Outlet stores were found as early as 1936, but the first multi-store outlet centre, Vanity Fair , located in Reading, Pennsylvania , did not open until 1974. Belz Enterprises opened

3472-548: Is also a very large market with over 1500 stalls and covering 4.5 ha. In Morocco , markets are known as souks , and are normally found in a city's Medina (old city or old quarter). Shopping at a produce market is a standard feature of daily life in Morocco. In the larger cities, Medinas are typically made up of a collection of souks built amid a maze of narrow streets and laneways where independent vendors and artisans tend to cluster in sections which subsequently become known for

3596-655: Is also held daily in the Jemaa el-Fnaa (main square) where roaming performers and musicians entertain the large crowds that gather there. Marrakesh has the largest traditional Berber market in Morocco. Namibia has been almost entirely dependent on South Africa for its fresh produce. Dominated by rolling plains and long sand dunes and an unpredictable rainfall, many parts of Namibia are unsuited to growing fruit and vegetables. Government sponsored initiatives have encouraged producers to grow fresh fruit, vegetables, legumes and grains The Namibian Ministry of Agriculture has recently launched

3720-476: Is appointed by the King for the inspection of goods, to hear and determine all grievances, complaints and disputes ... The market place is surrounded by butlers and booths, and places of refreshment for the conveniency of the people. They are only permitted to sell certain sorts of meats, pork, goats, beef and dog flesh. Other booths are kept by women who sell maize, millet, rice and corn bread. Other shops sell Pito ,

3844-564: Is here found at reasonable prices. In the Kingdom of Benin (modern Benin City ), he commented on the exotic foods available for sale at a market there: Besides the dry merchandise of which the markets of Benin abound, they are also well stocked with eatables, a little particular in kind. Here they expose dogs to sale for eating, of which the negroes are very fond. Roasted monkeys, apes and baboons are every where to be seen. Bats, rats and lizards dried in

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3968-615: Is not used in the U.K. The term "mall" is used for those types of centers in some markets beyond North America such as India and the United Arab Emirates . In other developing countries such as Namibia and Zambia , "Mall" is found in the names of many small centers that qualify as neighborhood shopping centers or strip malls according to the ICSC. The suburban shopping center concept evolved further with larger open-air shopping centers anchored by major department stores. The first

4092-452: Is often cited as the world's oldest continuously operating, purpose-built market; its construction began in 1455. Dating the emergence of marketplaces in China is difficult. According to tradition, the first market was established by the legendary Shennong or the "Divine Farmer" who arranged for markets to be held at midday. In other ancient sayings, markets originally developed around wells in

4216-481: Is over 800,000 sq ft (74,000 m ) of gross leasable area. These have three or more anchors, mass and varied merchant trade and serves as the dominant venue for the region (25 miles or 40 km) in which it is located. Note that ICSC defines indoor centers above 800,000 square feet (74,000 m ) net leasable area in Asia-Pacific as mega-malls . A regional-scale shopping centre (commonly known as

4340-415: Is the oldest, having been founded in the 9th century. The medina at Fez has been named a UNESCO World Heritage site. Today it is the main fresh produce market and is noted for its narrow laneways and for a total ban on motorized traffic. All produce is brought in and out of the marketplace by donkey or hand-cart. In Marrakesh , the main produce markets are also to be found in the medina and a colourful market

4464-869: The Arsi zone , Bahir Dar and Bure in the Gojjam zone, Dessie and Kombolcha in the Wollo zone, Mekele in the Tigray region , Dire Dawa and Harar in the Oromia region , and Addis Ababa. Some of the major retail markets in Ethiopia include: Addis Mercato in Addis Ababa, the largest open air market in the country; Gulalle and Galan, both in Addis Ababa; Awasa Lake Fish Market in Awasa, the Saturday market Harar , and

4588-557: The European West and the East or Orient ; us and the other . Europeans often saw Orientals as the photographic negative of Western civilisation; the peoples could be threatening – they were "despotic, static and irrational whereas Europe was viewed as democratic, dynamic and rational". At the same time, the Orient was seen as exotic, mysterious, a place of fables and beauty. This fascination with

4712-457: The High Street (street – pedestrianized or not – with a high concentration of retail shops), and retail parks (usually out of the city centre, 5000 sq.m. or larger and anchored by big-box stores or supermarkets, rather than department stores). Most English-speakers follow a mix of the United Kingdom's and United States's naming conventions. In the U.K. a "centre for shopping" is commonly

4836-640: The Middle East - respectively extending to Northern Africa - as regards to numerous areas from retail towards resources, with trade amongst merchants commonplace, likewise with bartering amongst participants. They are often described as economic and cultural hubs within cities across the Islamic world , and are generally the most bustling areas within urban localities. Given such dense activity, bazaars became an attraction for foreigners in exchanging resources, such as spices , textiles , labour , et cetera, drawing

4960-533: The caravanserai typically situated just outside the city walls. However, when the marketplace began to become integrated into city structures, it was transformed into a covered area where traders could buy and sell with some protection from the elements. Markets at Mecca and Medina were known to be significant trade centres in the 3rd century (CE) and the nomadic communities were highly dependent on them for both trade and social interactions. The Grand Bazaar in Istanbul

5084-582: The "Belly of Paris", and was so named by author, Émile Zola in his novel Le Ventre de Paris , which is set in the busy 19th century marketplace of central Paris. Les Halles, a complex of market pavilions in Paris, features extensively in both literature and painting. Giuseppe Canella (1788 - 1847) painted Les Halles et la rue de la Tonnellerie. Photographer, Henri Lemoine (1848–1924), also photographed Les Halles de Paris. Markets have been known in parts of Africa for centuries. An 18th century commentator noted

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5208-516: The 12th century. A pattern of market trading using mobile stalls under covered arcades was probably established in Italy with the open loggias of Mercato Nuovo (1547) designed and constructed by Giovanni Battista del Tasso (and funded by the Medici family ); Mercato Vecchio , Florence, designed by Giorgio Vasari (1567); and Loggia del Grano (1619) by Giulio Parigi . Braudel and Reynold have made

5332-787: The 13th century, these covered walkways housed shops, with storage and accommodation for traders on various levels. Different rows specialized in different goods, such as 'Bakers Row' or 'Fleshmongers Row'. Gostiny Dvor in St. Petersburg , which opened in 1785, may be regarded as one of the first purposely-built mall-type shopping complexes, as it consisted of more than 100 shops covering an area of over 53,000 m (570,000 sq ft). The Marché des Enfants Rouges in Paris opened in 1628 and still runs today. The Oxford Covered Market in Oxford , England opened in 1774 and still runs today. The Passage du Caire

5456-602: The 1890s. Historic and/or monumental buildings are sometimes converted into shopping centers, often forming part of a larger city center shopping district that otherwise consists mostly of on-street stores. Examples are the former main post office of Amsterdam, now Magna Plaza ; the Stadsfeestzaal  [ nl ] in Antwerp , Belgium, a former exhibition "palace"; the former Sears warehouse, now Ponce City Market in Atlanta ;

5580-533: The 19th-century Al-Hamidiyah Souq in Damascus , Syria , might also be considered as precursors to the present-day large shopping centers. Isfahan 's Grand Bazaar , which is largely covered, dates from the 10th century. The 10-kilometer-long, covered Tehran's Grand Bazaar also has a lengthy history. The oldest continuously occupied shopping mall in the world is likely to be the Chester Rows . Dating back at least to

5704-525: The European age of discovery, goods were imported from afar – calico cloth from India, porcelain, silk and tea from China, spices from India and South-East Asia and tobacco, sugar, rum and coffee from the New World. Across the boroughs of England, a network of chartered markets sprang up between the 12th and 16th centuries, giving consumers reasonable choice in the markets they preferred to patronise. A study on

5828-614: The Latin mercatus ("market place"). The earliest recorded use of the term market in English is in the Anglo-Saxon Chronicle of 963, a work that was created during the reign of Alfred the Great (r. 871–899) and subsequently distributed, copied throughout English monasteries . The exact phrase was " Ic wille þæt markete beo in þe selue tun ", meaning "I desire that there be a market in

5952-466: The Mediterranean and Aegean, a network of markets emerged from the early Bronze Age. A vast array of goods were traded, including salt, lapis lazuli , dyes, cloth, metals, pots, ceramics, statues, spears, and other implements. Archaeological evidence suggests that Bronze Age traders segmented trade routes according to geographical circuits. Both produce and ideas travelled along these trade routes. In

6076-519: The Middle Ages, the physical market was characterised by transactional exchange. Shops had higher overhead costs, but were able to offer regular trading hours and a relationship with customers and may have offered added value services, such as credit terms to reliable customers. The economy was primarily characterised by local trading in which goods were traded across relatively short distances. Beach markets, which were known in north-western Europe, during

6200-468: The Middle East, documentary sources suggest that a form of bazaar first developed around 3000 BCE. Early bazaars occupied a series of alleys along the length of the city, typically stretching from one city gate to a different gate on the other side of the city. The bazaar at Tabriz, for example, stretches along kilometers of street and is the longest vaulted bazaar in the world. Moosavi argues that

6324-407: The Middle East, markets tend to be covered, to protect traders and shoppers from the sun. In milder climates, markets are often open air. In Asia , a system of morning markets trading in fresh produce and night markets trading in non-perishables is common. Today, markets can also be accessed electronically or on the internet through e-commerce or matching platforms. In many countries, shopping at

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6448-740: The Middle Eastern bazaar evolved in a linear pattern, whereas the market places of the West were more centralised. The Greek historian Herodotus noted that in Egypt, roles were reversed compared with other cultures, and Egyptian women frequented the market and carried on trade, while the men remained at home weaving cloth. He also described the Babylonian marriage market, an account that inspired an 1875 painting by Edwin Long . In antiquity, markets were typically situated in

6572-518: The Roman world, the central market primarily served the local peasantry. Market stall holders were primarily local primary producers who sold small surpluses from their individual farming activities and also artisans who sold leather goods, metalware and pottery. Consumers were made up of several different groups; farmers who purchased minor farm equipment and a few luxuries for their homes and urban dwellers who purchased basic necessities. Major producers such as

6696-555: The Saturday market in Axum . Ghanaian markets have survived in spite of sometimes brutal measures to eradicate them. In the late 1970s, the Ghanaian government used market traders as a scapegoat for its own policy failures which involved food shortages and high inflation. The government blamed traders for failing to observe pricing guidelines and vilified "women merchants". In 1979, the Makola market

6820-531: The Tang Dynasty, a metal market was known. Outside the city walls were sheep and horse markets. Marco Polo 's account of 13th century markets specifically mentions a silk market. He was also impressed by the size of markets. According to his account, the ten markets of Hangzhou , primarily a fish market, attracted 40,000 to 50,000 patrons on each of its three trading days each week. In China, negative attitudes towards mercantile activity developed; merchants were

6944-600: The U.K. and Europe, if larger than 5,000 square metres (54,000 sq ft) can be termed a small retail park , while in the U.S. and some other countries it is known as a neighborhood shopping center . Convenience-scale centers, independent of other centers are known as strip malls or as shopping parades. These centers are less than 30,000 square feet (2,800 m ) of gross leasable space and commonly serve villages or as parts of larger centers commonly called small squares, plazas or indoor markets. They are also called strip centers or convenience centers. Strip Malls, despite

7068-630: The U.S. or Shopping Centres in Commonwealth English . Community-scale shopping centres are commonly called Main Streets , High Streets or town squares in wider centres or in English-speaking Europe as retail parks for certain centres. These offer a wider range of goods and has two anchor supermarkets or discount department stores. They may also follow a parallel configuration, or may be L- or U-shaped. Community centers usually feature

7192-541: The United States have been less common and less successful than in Europe. In Canada, underground passages in Montreal and Toronto link large adjacent downtown retail spaces. In Europe shopping malls/centers continue to grow and thrive. In the region distinction is made between shopping centers (shops under one roof), shopping precincts ( pedestrianized zones of a town or city where many retail stores are located),

7316-450: The United States, the widespread use of the automobile in the 1920s led to the first shopping centers of a few dozen shops that included parking for cars. Starting in 1946, larger, open air centers anchored by department stores were built (sometimes as a collection of adjacent retail properties with different owners), then enclosed shopping malls starting with Victor Gruen 's Southdale Center near Minneapolis in 1956. A shopping mall

7440-583: The Viking period, were primarily associated with the sale of fish. From around the 11th century, the number and variety of imported goods sold at beach markets began to increase. giving consumers access to a broader range of exotic and luxury goods. Throughout the Medieval period, markets became more international. The historian, Braudel, reports that in 1600, grain moved just 5–10 miles; cattle 40–70 miles; wool and wollen cloth 20–40 miles. However, following

7564-594: The agora. At the agora in Athens, officials were employed by the government to oversee weights, measures, and coinage to ensure that the people were not cheated in market place transactions. The rocky and mountainous terrain in Greece made it difficult for producers to transport goods or surpluses to local markets, giving rise to the kapēlos , a specialised type of retailer who operated as an intermediary purchasing produce from farmers and transporting it over short distances to

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7688-536: The attention of Arabs, Turks , Greeks , Persians , Jews as well as Indians , not to mention Westerners since the late-16th to early-17th centuries. In the modern era, bazaars remain a vital economic hub in numerous Arab nations. In Mesoamerica, a tiered system of traders developed independently. Extensive trade networks predated the Aztec empire by at least hundreds of years. Local markets where people purchased their daily necessities were known as tianguis , while

7812-413: The centre for a settlement. More recent shopping dedicated areas outside the main centre are known as "shopping centres" (with understanding of the synonym shopping mall) "shopping villages" or "retail parks". According to author Richard Longstreth, before the 1920s–1930s, the term "shopping center" in the U.S. was loosely applied to any group of adjacent retail businesses. A city's downtown might be called

7936-538: The city markets. In ancient Rome , trade took place in the forum . Rome had two forums: the Forum Romanum and Trajan's Forum . Trajan's Market at Trajan's forum, built around 100–110 CE, was a vast expanse, comprising multiple buildings with shops on four levels. The Roman forum was arguably the earliest example of a permanent retail shopfront. In antiquity, exchange involved direct selling via merchants or peddlers and bartering systems were commonplace. In

8060-497: The collective branding known as The Peak . The Peak Tower is located at an elevation of 396 m (1,229 ft), 156 m (512 ft) below the summit of Victoria Peak. Because the architects sought a design which would be prominent on the skyline but would not interrupt the natural line of the hills, they chose a site in a dip along the line of the hills, and restricted the tower's height to 428 m above sea level. The Peak Tram opened in 1888. A wooden structure

8184-640: The connecting walkways are not owned by a single proprietor and may be in the open air or covered by a ground-floor loggia . Many early shopping arcades such as the Burlington Arcade in London, the Galleria Vittorio Emanuele II in Milan, and numerous arcades in Paris are famous and still functioning as shopping centres, while many others have been demolished. In Russia , centuries-old shopping centres

8308-621: The dense, commercial downtowns into the largely residential suburbs. This formula (enclosed space with stores attached, away from downtown, and accessible only by automobile) became a popular way to build retail across the world. Gruen himself came to abhor this effect of his new design; he decried the creation of enormous "land wasting seas of parking" and the spread of suburban sprawl. Marketplace Markets have existed for as long as humans have engaged in trade. The earliest bazaars are believed to have originated in Persia, from where they spread to

8432-661: The design and business plan, a place built according to an overall program that covered the target market, types of stores and store mix, signs, exterior lighting, and parking. In the mid-20th century, with the rise of the suburb and automobile culture in the United States, a new style of shopping center was created away from downtown . Early shopping centers designed for the automobile include Market Square , Lake Forest, Illinois (1916), and Country Club Plaza , Kansas City, Missouri , 55 acres (220,000 m ), opened 1923. The Bank Block in Grandview Heights, Ohio (1928)

8556-558: The earliest public shopping centers is Trajan's Market in Rome located in Trajan's Forum. Trajan's Market was probably built around 100–110 AD by Apollodorus of Damascus , and it is thought to be the world's oldest shopping center. The Grand Bazaar of Istanbul was built in the 15th century and is still one of the largest covered shopping centers in the world, with more than 58 streets and 4,000 shops. Numerous other covered shopping arcades, such as

8680-450: The edges of Yucatecan canoe trade such as Xicalanco and Ulua . The Spanish conquerors commented on the impressive nature of the local markets in the 15th century. The Mexica ( Aztec ) market of Tlatelolco was the largest in all the Americas and said to be superior to those in Europe. There are many different ways to classify markets. One way is to consider the nature of the buyer and

8804-662: The evening market. The marketplace also became the place were executions were carried out, rewards were published and decrees were read out. During the Qin empire and the Han dynasty which followed it, markets were enclosed with walls and gates and strictly separated from residential areas. Vendors were arranged according to the type of commodity offered, and markets were strictly regulated with departments responsible for security, weights and measures, price-fixing, and certificates. Over time, specialised markets began to emerge. In Luoyang, during

8928-481: The first enclosed factory outlet center in 1979, in Lakeland, Tennessee , a suburb of Memphis . A shopping precinct (U.K. term) or pedestrian mall (U.S. term) is an area of city centre streets which have been pedestrianized, where there is a concentration of " high street shops" such as department stores, clothing and home furnishings stores, and so forth. They may be part of a larger city-centre pedestrian zone , as

9052-779: The fish from where it is immediately preserved using traditional methods and prepared for distribution to other West African countries; The Woodcarvers Market in Brikama which boasts the largest concentration of woodcarvers in the country; the Pottery Market in Basse Santa ; the Atlantic Road Craft Market at Bakau and the Senegambia Craft Market at Bakau. Produce markets in Asia are undergoing major changes as supermarkets enter

9176-470: The following types: Abbreviations: SC=shopping center/centre, GLA = Gross Leasable Area, NLA = Net Leasable Area , AP=Asia-Pacific, EU=Europe, Can=Canada, US=United States of America does not apply to Europe a.k.a. large neighborhood shopping center in US, Can A superregional-scale center is commonly called a city centre. According to the International Council of Shopping Centers it

9300-555: The former Emporium-Capwell department store in San Francisco , now San Francisco Centre ; Georgetown Park in Washington, D.C. , and the Abasto de Buenos Aires , formerly the city's wholesale produce market. Shopping centers are not a recent innovation. One of the earliest examples of public shopping areas comes from ancient Rome , in forums where shopping markets were located. One of

9424-868: The former vacated premises to become the first Madame Tussauds permanent outlet in the Asia-Pacific region. The Peak Tower is located close to a second leisure and shopping centre, the Peak Galleria , built atop the bus station used by the public buses and green minibuses that serve the Peak. 22°16′17.49″N 114°8′59.45″E  /  22.2715250°N 114.1498472°E  / 22.2715250; 114.1498472 Shopping complex A shopping center in American English , shopping centre in Commonwealth English (see spelling differences ), shopping complex , shopping arcade , shopping plaza , or galleria ,

9548-417: The great estates were sufficiently attractive for merchants to call directly at their farm gates, obviating the producers' need to attend local markets. The very wealthy landowners managed their own distribution, which may have involved importing and exporting. The nature of export markets in antiquity is well documented in ancient sources and archaeological case studies. At Pompeii , multiple markets served

9672-474: The growth of the town. The Domesday Book of 1086 lists 50 markets in England; however, many historians believe this figure underestimates the actual number of markets in operation at the time. In England, some 2,000 new markets were established between 1200 and 1349. By 1516, England had some 2,464 markets and 2,767 fairs, while Wales had 138 markets and 166 fairs. From the 12th century, English monarchs awarded

9796-743: The larger towns. Notable markets include: the Serekunda Market in Gambia's largest city, Serekunda , which opens from early morning to late at night 7 days a week and trades in produce, live animals, clothing, accessories, jewellery, crafts, second hand goods and souvenirs; The Albert Market in the capital, Banjul , which sells fresh produce, colourful, locally designed fabrics, musical instruments, carved wooden masks and other local products. Other interesting markets include: Bakau Fish Market in Bakau ; Tanji Fish Market, Tanji, where brightly painted fishing boats bring in

9920-530: The late 19th century and early 20th century, including the Cleveland Arcade , and Moscow 's GUM , which opened in 1890. When the Cleveland Arcade opened in 1890, it was among the first indoor shopping arcades in the US, and like its European counterparts, was an architectural triumph. Two sides of the arcade had 1,600 panes of glass set in iron framing and is a prime example of Victorian architecture . Sydney's Queen Victoria Markets Building , opened in 1898,

10044-609: The local level. The Charter of Worcester, written between 884 and 901 provided for fines for dishonest trading, amongst other things. Such local regulations were codified in 13th century England in what became known as the Statute of Winchester . This document outlined the assizes for 16 different trades, most of which were associated with markets – miller, baker, fisher, brewer, inn-keeper, tallow-chandler, weaver, cordwainer, etc. For each trade, regulations covered such issues as fraud, prices, quality, weights, and measures and so on. The assize

10168-427: The lowest class of society. High officials carefully distanced themselves from merchant classes. In 627, an edict prohibited those of rank five or higher from entering markets. One anecdote from the time of Empress Wu relates the tale of a fourth rank official who missed out on the opportunity for promotion after he was seen purchasing a steamed pancake from a market. Since circa 3000 BCE, bazaars have dominated

10292-650: The many markets he visited in West Africa . He provided a detailed description of market activities at Sabi, in the Wydah (now the part of the Republic of Benin): Their fairs and markets are regulated with so much care and prudence, that nothing contrary to law is ever committed. All sorts of merchandise here are collected, and those who have brought goods are permitted to take what time they please to dispose of them, but without fraud or noise. A judge, attended by four officers armed,

10416-454: The market's importance to community life and trade. Markets were also important centres of social life. In early Western Europe, markets developed close to monasteries, castles or royal residences. Priories and aristocratic manorial households created considerable demand for goods and services, both luxuries and necessities, and also afforded some protection to merchants and traders. These centres of trade attracted sellers which would stimulate

10540-461: The market's place within the distribution system. This leads to two broad classes of market, namely retail market or wholesale markets . The economist, Alfred Marshall classified markets according to time period. In this classification, there are three types of market; the very short period market where the supply of a commodity remains fixed. Perishables, such as fruit, vegetables, meat, and fish fall into this group since goods must be sold within

10664-515: The markets. Some of these early markets have been the subject of archaeological surveys. For instance, the market at Yong, the capital of the Qi state, measured 3,000 square metres and was an outdoor market. According to the Rites of Zhou , markets were highly organized and served different groups at different times of day; merchants at the morning market, every day people at the afternoon market and peddlers at

10788-614: The mid-1950s, it claimed to be the largest shopping center on the West Coast of the United States and the third-largest in the country. The first part of the Panorama City Shopping Center opened as on October 10, 1955, and would grow until the mid-1960s, it claimed to be the first shopping center with four major department store anchors, even though the "center" was in fact a marketing association for multiple adjacent properties. Northland Center near Detroit , built 1954,

10912-437: The name, are not considered "malls" in North America. Power centers , in North America, are open-air single-level shopping centers that almost exclusively feature several big-box retailers as their anchors (although newer urban power centers have adopted enclosed and/or vertical formats while retaining the strong big-box emphasis). They usually have a retail area of 250,000 to 600,000 square feet (23,000 to 56,000 m ) and

11036-493: The neighbouring counties come in to the fair every morning, with beef, mutton, fowls, bread, cheese, eggs, and such things; and go with them from tent to tent and from door to door, that there is no want of provision of any kind, either dress'd or undress'd." In the Asia Minor, prior to the 10th century, market places were situated on the perimeter of the city. Along established trade routes, markets were most often associated with

11160-471: The new tower was held later the same year. The current Peak Tower was the work of the British architect Terry Farrell , and was completed in 1997. It has seven floors with a total area of 10,400 m² (112,000 ft²) with a wok shape at the top. A viewing platform located on the third floor overlooks Victoria Harbour . The building was altered from 2005–2006 at a cost of $ 100 million. The lower portion

11284-511: The north of the country, but that was largely unsuccessful and most commercial buyers travel to Johannesburg or Tshwane for supplies. Ethiopia is a major producer and exporter of grains and a number of wholesale markets assist with the distribution and export of such products. Important wholesale markets include: Nekemte in the East Welega zone , Jimma in the Jimma zone , Assela and Sagure in

11408-399: The other gave rise to a genre of painting known as Orientalism . Artists focussed on the exotic beauty of the land – the markets and bazaars, caravans and snake charmers. Islamic architecture also became favourite subject matter, and the high vaulted market places features in numerous paintings and sketches. Individual markets have also attracted literary attention. Les Halles was known as

11532-460: The population of approximately 12,000. Produce markets were located in the vicinity of the Forum, while livestock markets were situated on the city's perimeter, near the amphitheatre. A long narrow building at the north-west corner of the Forum was some type of market, possibly a cereal market. On the opposite corner stood the macellum , thought to have been a meat and fish market. Market stall-holders paid

11656-536: The purchasing habits of the monks and other individuals in medieval England suggests that consumers of the period were relatively discerning. Purchase decisions were based on purchase criteria such as the consumer's perceptions of the range, quality, and price of goods. Such considerations informed decisions about where to make purchases and which markets to patronise. As the number of charters granted increased, competition between market towns also increased. In response to competitive pressures, towns invested in developing

11780-455: The rest of the Middle East and Europe . Documentary sources suggest that zoning policies confined trading to particular parts of cities from around 3000 BCE, creating the conditions necessary for the emergence of a bazaar. Middle Eastern bazaars were typically long strips with stalls on either side and a covered roof designed to protect traders and purchasers from the fierce sun. In Europe, informal, unregulated markets gradually made way for

11904-566: The same town". Markets have existed since ancient times. Some historians have argued that a type of market has existed since humans first began to engage in trade. Open air and public markets were known in ancient Babylonia, Assyria, Phoenicia , the Land of Israel, Greece, Egypt, and the Arabian peninsula. However, not all societies developed a system of markets. The Greek historian Herodotus noted that markets did not evolve in ancient Persia. Across

12028-526: The size of regional malls still operate, consisting of multiple arcades. They developed from previous so-called "trading rows", which were essentially markets where traders could obtain space to sell their goods. Great Gostiny Dvor in Saint Petersburg in its present buildings dates back to the 1760s. With a total area of 800,000 square feet (74,000 m ), GUM in Moscow, opened in its present buildings in

12152-569: The sun, palm wine and fruit, form the must luxurious entertainments, and stand continually for sale in the streets. In Botswana , the sale of agricultural produce to the formal market is largely controlled by large corporations. Most small, local farmers sell their produce to the informal market, local communities and street vendors. The main wholesale market is the Horticultural market in Gaborone . The government made some attempts to build markets in

12276-522: The supply chain, traditional hawkers and produce markets have shown remarkable resilience. The main markets in Johannesburg are: Jozi Real Food Market, Bryanston Organic Market, Pretoria Boeremark specialising in South African delicacies, Hazel Food Market, Panorama Flea Market, Rosebank Sunday Market, Market on Main (a periodic arts market), and neighbourhood markets. The " Gambia is Good" initiative

12400-583: The tower also included several attractions: Ripley's Believe It or Not! Odditorium , Hong Kong's Historical Adventure (a journey through scenes of the Hong Kong's early history, and the first computer-operated entertainment ride in Hong Kong) and the Peak Explorer Motion Simulator . In 2000, after the closure of Hong Kong's Historical Adventure , Madame Tussauds Hong Kong moved in to occupy

12524-482: The town or village centre. Scholars, however, question the reliability of traditional narratives unless backed by archaeological evidence. The earliest written references to markets dates to the time of Qi Huanggong (ruled 685 to 643 BCE). Qi's Prime Minister, the great reformer, Guan Zhong , divided the capital into 21 districts ( xiang ) of which three were dedicated to farmers, three to hand-workers and three to businessmen, who were instructed to settle near

12648-476: The town's centre. The market was surrounded by alleyways inhabited by skilled artisans, such as metal workers, leather workers, and carpenters. These artisans may have sold wares directly from their premises, but also prepared goods for sale on market days. Across ancient Greece , market places were to be found in most city states, where they operated within the agora (open space). Between 550 and 350 BCE, Greek stallholders clustered together according to

12772-756: The twentieth century" by Malcolm Gladwell . The first retail complex to be promoted as a "mall" was Paramus, New Jersey's Bergen Mall . The center, which opened with an open-air format in 1957, was enclosed in 1973. Aside from Southdale Center , significant early enclosed shopping malls were Harundale Mall (1958) in Glen Burnie, Maryland, Big Town Mall (1959) in Mesquite, Texas, Chris-Town Mall (1961) in Phoenix, Arizona, and Randhurst Center (1962) in Mount Prospect, Illinois. Other early malls moved retailing away from

12896-444: The type of goods carried – fish-sellers were in one place, clothing in another, and sellers of more expensive goods such as perfumes, bottles, and jars were located in a separate building. The Greeks organised trade into separate zones, all located near the city centre and known as stoa . A freestanding colonnade with a covered walkway, the stoa was both a place of commerce and a public promenade, situated within or adjacent to

13020-400: The types of goods, their quality and their region of origin. In this way, markets helped to provide an early form of product branding. Gradually, certain market towns earned a reputation for providing quality produce. Today, traders and showmen jealously guard the reputation of these historic chartered markets. The 18th century commentator Daniel Defoe visited Sturbridge fair in 1723 and wrote

13144-403: The upper floors were supported by two columns allowing a clear space between the upper and lower parts of the tower. This design feature has been retained in the redeveloped tower, but with quite a different shape to the upper section. On the ground floor of the building, there was a Chinese restaurant. It was open until 1981. The first tower was demolished in 1993 and a groundbreaking ceremony on

13268-664: The word "mall", that is, a pedestrian promenade (in U.K. usage a "shopping precinct"). Early downtown pedestrianized malls included the Kalamazoo Mall (the first, in 1959), "Shoppers' See-Way" in Toledo , Lincoln Road Mall in Miami Beach , Santa Monica Mall (1965), and malls in Fort Worth and in Canada's capital, Ottawa . The downtown Urbana, Illinois mall , converted from a city street,

13392-558: Was a center in Ardmore, Pennsylvania later named Suburban Square , when the Philadelphia department store Strawbridge & Clothier opened a four-story, 50,000 sq ft (4,600 m ) branch there on May 12, 1930. A much larger example would be the 550,000-square-foot (51,000 m ) Broadway-Crenshaw Center in Los Angeles built in 1947, anchored by a five-story Broadway and

13516-459: Was a collection of stores under one roof aimed at the workers in the company town of Morgan Park , in Duluth, Minnesota . Before the 1920s–1930s, the term "shopping center" in the U.S. was loosely applies to a collection of retail businesses. A city's Downtown might be called a "shopping center". By the 1940s, "shopping center" implied — if not always a single owner — at least, comprehensive planning in

13640-609: Was a formal codification of prior informal codes which had been practised for many years. The courts of assize were granted the power to enforce these regulations. The process of standardizing quality, prices and measures assisted markets to gain the confidence of buyers and made them more attractive to the public. A sixteenth century commentator, John Leland , described particular markets as "celebrate", "very good", "quik", and conversely as "poore", "meane", and "of no price". Over time, some products became associated with particular places, providing customers with valuable information about

13764-603: Was also an ambitious architectural project. Shopping Centers built before the 20th century ; Notes: *based on current ICSC shopping center type definitions, **center opened in 1926 without department store, which was added in 1930 Early examples of "stores under one roof" include the nine-building shopping arcade Dayton Arcade in Dayton, Ohio (1902–1904), primarily built to rehouse the public food markets in more sanitary conditions, but which added retail clothing and household goods stores. The Lake View Store , opened July 1916,

13888-509: Was an early strip mall or neighborhood center of 30 shops built along Grandview Avenue, with parking in the back for 400 cars. Uniquely for the time, it had multiple national grocery store tenants Kroger , Piggly Wiggly , and the A&;P Tea Company. The Park and Shop (1930) in Cleveland Park, Washington, D.C. was an early strip mall or neighborhood center with parking in the front. It

14012-498: Was anchored by Piggly Wiggly and built in an L shape. Other notable, large early centers with strips of independent stores, adjacent parking lots, but no department store anchors, include Highland Park Village (1931) in Dallas ; and River Oaks Shopping Center (1937) in Houston . In the late 1950s and into the 1960s, the term "shopping mall" was first used, but in the original sense of

14136-479: Was built as its first upper terminus station. The current Peak Tower is the second on the site. The first peak Tower was designed by Hong Kong architect Chung Wah Nan. Construction started in 1971, and it was opened to the public on 29 August 1972. The Tower Restaurant, a western restaurant, opened in the same year. It was situated on the top deck while the Peak Coffee Shop was located on the floor below. Both

14260-468: Was dynamited and bulldozed, but within a week the traders were back selling fruit, vegetables and fish, albeit without a roof over their head. Kenya 's capital, Nairobi , has several major markets. Wakulima market is one of the region's largest markets, situated on Haile Selassie Avenue in Nairobi. Other markets in Nairobi are: Kariakor Market, Gikomba Market, and Muthurwa Market. In Mombasa, Kongowea market

14384-399: Was enclosed, designed by Victor Gruen . Although Bergen Mall (opened 1957) led other suburban shopping centers in using "mall" in their names, these types of properties were still referred to as "shopping centers" until the late 1960s, when the term "shopping mall" started to be used generically for large suburban shopping centers. The term "mall" for regional enclosed shopping centers

14508-462: Was established in 2004 with a view to encouraging a market for locally grown fresh produce rather than imported ones. The plan was designed to "stimulate local livelihoods, inspire entrepreneurship and reduce the environmental and social cost of imported produce". A great deal of the produce trade is carried out informally on street corners and many shops are little more than market booths. However, dedicated open air and covered markets can be found in

14632-491: Was glassed in to increase retail space, and the escalators were relocated. The Peak Tower now has eight floors with the viewing terrace relocated to the top of the building (at the top of the 'wok' shape) that overlooks both Victoria Harbour and Aberdeen (SW of the Hong Kong Island); however, severe air pollution often hinders the outlook from this venue. Apart from the Peak Tram terminal, viewing terrace, and gift shops,

14756-441: Was in part due to the changing nature of the market system at that time. The public began to distinguish between two types of merchant, the meerseniers which referred to local merchants including bakers, grocers, sellers of dairy products and stall-holders, and the koopman , which described a new, emergent class of trader who dealt in goods or credit on a large scale. With the rise of a European merchant class, this distinction

14880-490: Was known for producing fine woollen cloth, the town of Worsted became synonymous with a type of yarn; Banbury and Essex were strongly associated with cheeses. In the market economy, goods are ungraded and unbranded, so that consumers have relatively few opportunities to evaluate quality prior to consumption. Consequently, supervision of weights, measures, food quality, and prices was a key consideration. In medieval society, regulations for such matters appeared initially at

15004-487: Was necessary to separate the daily trade that the general population understood from the rising ranks of traders who operated on a world stage and were seen as quite distant from everyday experience. During the 17th and 18th centuries, as Europeans conquered parts of North Africa and the Levant, European artists began to visit the Orient and painted scenes of everyday life. Europeans sharply divided peoples into two broad groups –

15128-541: Was opened in Paris in 1798. The Burlington Arcade in London was opened in 1819. The Arcade in Providence, Rhode Island introduced the retail arcade concept to the United States in 1828 and is arguably the oldest "shopping center" in the country. The Galleria Vittorio Emanuele II in Milan , Italy followed in the 1870s and is closer to large modern malls in spaciousness. Other large cities created arcades and shopping centers in

15252-661: Was pioneered in 1956 by the Austrian-born architect and American immigrant Victor Gruen . This new generation of regional-size shopping centers began with the Gruen-designed Southdale Center , which opened in the Twin Cities suburb of Edina, Minnesota , United States in October 1956. For pioneering the soon-to-be enormously popular mall concept in this form, Gruen has been called the "most influential architect of

15376-591: Was the first of 4 centers that Victor Gruen built for Hudson's ( Eastland Center , Southland Center , and Westland Center were the others) At launch, Northland Center was the world's largest shopping center. The enclosed shopping mall did not appear until the mid-1950s. One of the earliest examples was the Valley Fair Shopping Center in Appleton, Wisconsin , which opened in March 1955. Valley Fair featured

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