Overview§
Definition§
Inline stores refer to smaller retail units lined up in a straight front or L shape within a shopping center. These stores are typically leased by retailers that sell various consumer goods and services and do not occupy freestanding buildings or large spaces like junior anchors. These stores often constitute the majority of leasing space within a mall or shopping center and are strategically positioned to benefit from foot traffic drawn by anchor stores.
Examples§
- Dry Cleaner: Provides laundry and dry-cleaning services to the local community.
- Pizza Parlor: Offers dine-in or take-out pizzas and other Italian cuisine in a casual setting.
- Greeting-Card Shop: Sells greeting cards as well as gift items like balloons, wrapping paper, and decorative products.
- Hairstylist: Provides hair care and styling services, including cuts, coloring, and other grooming services.
Frequently Asked Questions§
1. What distinguishes inline stores from anchor stores?§
Inline stores are smaller and typically offer a niche market of goods or services, while anchor stores are larger, main retail tenants meant to draw more significant foot traffic to a shopping center.
2. Can an inline store turn into a junior anchor?§
In some cases, inline stores can expand and become junior anchors if their business grows sufficiently to require more space and if the shopping center’s real estate allows for such expansion.
3. How do inline stores impact the overall shopping experience?§
Inline stores generally offer a variety of products and services that improve the convenience and variety of shopping centers, often appealing to local community members and contributing to a more comprehensive shopping experience.
4. Are inline stores vital for the success of a shopping center?§
Yes, they are essential as they provide diversification in product offerings and services, drawing consistent foot traffic and adding to the vibrancy of the retail environment.
Related Terms with Definitions§
- Anchor Store: A major retail store in a shopping center that attracts significant customer traffic, helping to drive business to smaller retailers.
- Junior Anchor: A retail space larger than an inline store but smaller than a main anchor, usually around 10,000 to 30,000 square feet.
- Freestanding Store: An independent retail store not attached to other retailers or part of a shopping center, sometimes serving as standalone establishments.
- Mall Frontage: The external or internal sides of a mall where stores are typically placed, facing the main walkways or parking areas.
- Foot Traffic: The flow of shoppers into and out of a retail store or shopping center, a crucial metric for retail success.
Online Resources§
- International Council of Shopping Centers (ICSC)
- National Retail Federation (NRF)
- Retail Insight Network
References§
- International Council of Shopping Centers. (2023). Shopping Center Definitions.
- Peiser, R., Schwanke, D. (2013). Professional Real Estate Development: The ULI Guide to the Business.
Suggested Books for Further Studies§
- “Retail Business Kit For Dummies” by Rick Segel
- “Professional Real Estate Development” by Richard Peiser and David Hamilton
- “Complete Guide to Property Investment” by Rob Dix
