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Clay Terrace
Clay Terrace is a community lifestyle center in Carmel, Indiana. Opened in 2004, it is managed by Washington Prime Group. History Clay Terrace opened in 2004. It, Jefferson Pointe in Fort Wayne, and Metropolis in Plainfield were the first three lifestyle centers in Indiana. Among the first stores announced for it were Dick's Sporting Goods, Wild Oats Market and DSW. Aeropostale closed January 27, 2015, making the Clay Terrace location the only one in central Indiana to close. Delia's, New York & co., Paradise Bakery, and the Children's Place all closed around the same time. Wild Oats became Whole Foods Old Navy was added in 2007, relocating from Merchants' Square. Circuit City closed in 2008. On June 17, 2014, it was announced that Simon Property Group Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is ...
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Lifestyle Center (retail)
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 a shopping mall with leisure amenities oriented towards upscale consumers. Lifestyle centers were first labeled as such by Memphis developers Poag and McEwen in the late 1980s emerged as a retailing trend in the late 1990s. Sometimes labeled boutique malls or an ersatz downtown, they are often located in affluent suburban areas. History The proliferation of lifestyle centers in the United States accelerated in the 2000s, growing in number from 30 in 2002 to 120 at the end of 2004. They lie on the upscale end of commercial development, with discount-based outlet malls on the low. Design Lifestyle centers typically require less land and may generate higher revenue margins, generating close to $500 per square foot, compared to an average of $330 per square foot for a traditional mall, accordi ...
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Old Navy
Old Navy is an American clothing and accessories retailing company owned by multinational corporation Gap Inc. It has corporate operations in the Mission Bay neighborhood of San Francisco, California. The largest of the Old Navy stores are its flagship stores, located in New York City, Seattle, Chicago, San Francisco, Manila, and Mexico City. History In the early 1990s, Dayton-Hudson Corporation (then the parent company of Target, Mervyn's, Dayton's, Hudson's, and Marshall Field's) looked to establish a new division branded as a less expensive version of Gap called ''Everyday Hero''; Gap's then-CEO Millard Drexler responded by opening Gap Warehouse in existing Gap outlet locations in 1993. On March 11, 1994, Gap Warehouse was renamed Old Navy Clothing Co. in order to establish a separate image from its parent company Gap Inc. The name was conceived after the original proposed names, ''Monorail'' and ''Forklift'', were disliked by Drexler, and decided upon the new name af ...
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Tourist Attractions In Hamilton County, Indiana
Tourism is travel for pleasure or business; also the theory and practice of touring (other), touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tour (other), tours. The World Tourism Organization defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be Domestic tourism, domestic (within the traveller's own country) or International tourism, international, and international tourism has both incoming and outgoing implications on a country's balance of payments. Tourism numbers declined as a result of a strong economic slowdown (the late-2000s recession) between the second half of 2008 and the end of 2009, and in consequence of t ...
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Buildings And Structures In Hamilton County, Indiana
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artis ...
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Shopping Malls In Indiana
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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Washington Prime Group
Washington Prime Group Inc. is an American real estate investment trust that invests in shopping centers. The company is organized in Indiana with its headquarters in Columbus, Ohio. From January 2015 to September 2016, the company had the name WP Glimcher. On June 13, 2021, Washington Prime filed for Chapter 11 bankruptcy. Investments As of , the company owned interests in 89 shopping centers. Properties owned by the company include the following: History On May 28, 2014, the company, which at that time owned interests in 98 shopping centers, was spun off by Simon Property Group. In June 2014, the company acquired its partner's 50% interest in Clay Terrace for $22.9 million. In January 2015, the company acquired Glimcher Realty Trust in a $4.3 billion transaction and the company was renamed as WP Glimcher. As part of the transaction, Jersey Gardens in Elizabeth, New Jersey and University Park Village in Fort Worth, Texas, were sold to Simon Property Group, while WP Glimcher ...
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Shopping Malls Established In 2004
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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Simon Property Group
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties comprising approximately of gross leasable area in North America and Asia. History Simon Property Group dates to 1960, when brothers Melvin Simon and Herbert Simon began developing strip malls in Indianapolis, Indiana. In December 1993, they took their interests public as Simon Property Group in the largest initial public offering of a real estate investment trust to date. Simon Property merged with the newly public DeBartolo Realty Corporation, owner of the real estate assets of Edward J. DeBartolo Sr., in 1996 to form Simon DeBartolo Group. In 1997, the company acquired The Retail Property Trust for $1.2 billion in a hostile takeover. Also in 1997, in partnership with Ma ...
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Whole Foods
Whole Foods Market IP, Inc., a subsidiary of Amazon, is an upscale American multinational supermarket chain headquartered in Austin, Texas, which sells products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections. Whole Foods has 500 stores in North America and seven in the United Kingdom . Amazon acquired the company for $13.7 billion on August 28, 2017. History Early years In 1978, John Mackey and Renee Lawson borrowed $45,000 from family and friends to open a small vegetarian natural foods store called SaferWay in Austin, Texas (the name being a spoof of Safeway). When the two were evicted for storing food products in their apartment, they decided to live at the store. Because it was zoned for commercial use, there was no shower stall, so they bathed using a water hose attached to their dishwasher. Two years later, Mackey and Lawson p ...
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Carmel, Indiana
Carmel is a suburban city in Indiana immediately north of Indianapolis. With a population of 100,777, the city spans across Clay Township in Hamilton County, Indiana, and is bordered by the White River to the east; the Hamilton-Boone county line to the west; 96th Street to the south and 146th Street to the north. Although Carmel was home to one of the first electronic automated traffic signals in the state, the city has constructed 141 roundabouts between 1988 and 2022. History Carmel was originally called "Bethlehem". It was platted and recorded in 1837 by Daniel Warren, Alexander Mills, John Phelps, and Seth Green. The original settlers were predominantly Quakers. Today, the plot first established in Bethlehem, located at the intersection of Rangeline Road and Main Street, is marked by a clock tower, donated by the local Rotary Club in 2002. A post office was established as "Carmel" in 1846 because Indiana already had a post office called Bethlehem. The town of Bethlehem w ...
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Designer Shoe Warehouse
Designer Brands Inc. is an American company that sells designer and name brand shoes and fashion accessories. It owns the Designer Shoe Warehouse (DSW) store chain, and operates over 500 stores in the United States and an e-commerce website. The company also owns private-label footwear brands including Audrey Brooke, Kelly & Katie, Lulu Townsend, and Poppie Jones. History The company was founded in 1969 as Shonac Corporation, as the shoe licensee for Value City. In July 1991, the company opened its first store, which was in Dublin, Ohio. In 1998, the company was acquired by Value City. By 1999, the company had 48 stores. In December 2004, the company was acquired by Retail Ventures, an affiliate. In March 2005, the company experienced massive data theft, including customer data from 1.4 million credit card transactions. In June 2005, the company became a public company via an initial public offering. In April 2008, the company launched its e-commerce website. In 2011, the ...
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Whole Foods Market
Whole Foods Market IP, Inc., a subsidiary of Amazon, is an upscale American multinational supermarket chain headquartered in Austin, Texas, which sells products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections. Whole Foods has 500 stores in North America and seven in the United Kingdom . Amazon acquired the company for $13.7 billion on August 28, 2017. History Early years In 1978, John Mackey and Renee Lawson borrowed $45,000 from family and friends to open a small vegetarian natural foods store called SaferWay in Austin, Texas (the name being a spoof of Safeway). When the two were evicted for storing food products in their apartment, they decided to live at the store. Because it was zoned for commercial use, there was no shower stall, so they bathed using a water hose attached to their dishwasher. Two years later, Mackey and Laws ...
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