anchor store


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anchor store

A store (usually a major chain store or department store) in a shopping center or mall whose presence attracts business to smaller shops within the center.
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Coventry planners are hoping for a major retail name to be attracted to the city, to become an anchor store along a new pedestrian circular walkway.
The second phase will comprise anchor stores, extra retail for major high street brands, leisure space, restaurants, over 2,500 car parking spaces and a Low Carbon Energy Centre.
The $134 million (projected cost at the Company's full and pro-rata share) open-air regional lifestyle center will feature anchor stores Macy's and Robinsons-May and currently has approximately 60 signed leases.
In addition to Sears, the project's first phase will also include two additional anchor stores and approximately 300,000 square feet of specialty shops.
The focus would then switch to signing up the third anchor store.
In addition to the four anchor stores, Wolfchase Galleria will contain 90 specialty retailers, a 500-seat food court, a 2,000-seat cinema and an 20,000-sq.
The John Lewis Partnership is taking the 230,000 sqft anchor store at the southern end of Paradise Street.
Both anchor stores will open for business in the spring of 2008 when development is finished.
Crucial to attracting an upmarket anchor store is the Jerde scheme's "loop" walkway around the city centre, which would connect the city's historic visitor attractions with new and old squares and shops.
Ledford said he would like to see a new major anchor store, an upscale department store.
635 square meters of GLA (Gross Leasable Area), 50 stores, including 1 anchor store and 49 satellite stores, and 348 parking spaces.
Debenhams is already signed up to developers Hammerson's pounds 350 million Bull Ring project, but the Lewis's snub leaves Hammerson searching for one more anchor store and Land Securities looking for two anchors for the pounds 400 million Martineau Galleries scheme.