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Sales Per Square Foot
In retail, sales per unit area is a standard and usually the primary measurement of store success. The unit of area is usually square metres in the metric system or square feet in U.S. customary units. Square feet are also widely used in retailing in the United Kingdom, but there are signs of a trend towards use of square meters. Sales levels in the United States As of 2005 annual store sales in the range of $300 per square foot ($3,000/m2) is considered a respectable result in the United States as the national average for regional malls is $341 per square foot,Shopping Centers Today but the target number depends on the location, the type of store and other factors. For example, the Forum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metric System
The metric system is a system of measurement that succeeded the Decimal, decimalised system based on the metre that had been introduced in French Revolution, France in the 1790s. The historical development of these systems culminated in the definition of the International System of Units (SI) in the mid-20th century, under the oversight of an international standards body. Adopting the metric system is known as ''metrication''. The historical evolution of metric systems has resulted in the recognition of several principles. Each of the fundamental dimensions of nature is expressed by a single base unit (measurement), base unit of measure. The definition of base units has increasingly been realisation (metrology), realised from natural principles, rather than by copies of physical artefacts. For quantities derived from the fundamental base units of the system, units SI derived unit, derived from the base units are used—e.g., the square metre is the derived unit for area, a qu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Square Foot
The square foot (plural square feet; abbreviated sq. ft, sf, or ft2; also denoted by '2) is an imperial unit and U.S. customary unit (non- SI, non-metric) of area, used mainly in the United States and partially in Canada, the United Kingdom, Bangladesh, India, Nepal, Pakistan, Ghana, Liberia, Malaysia, Myanmar, Singapore and Hong Kong. It is defined as the area of a square with sides of 1 foot. Although the pluralization is regular in the noun form, when used as an adjective, the singular is preferred. So, an apartment measuring 700 square feet could be described as a 700 square-foot apartment. This corresponds to common linguistic usage of ''foot.'' The square foot unit is commonly used in real estate. Dimensions are generally taken with a laser device, the latest in a long line of tools used to gauge the size of apartments or other spaces. Real estate agents often measure straight corner-to-corner, then deduct non-heated spaces, and add heated spaces whose footprints exceed th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forum Shops
The Forum Shops at Caesars, also known as The Forum Shops, is an upscale shopping mall on the Las Vegas Strip in Paradise, Nevada. It is connected to the Caesars Palace resort, and both feature a Roman theme. The mall project was announced in 1987. It was developed and initially owned by The Gordon Company and Melvin Simon & Associates. The land had previously been used for the unsuccessful Caesars Palace Grand Prix. Construction of the Forum Shops began in 1990, and the project opened on May 1, 1992, with of leasable space. An expansion opened in 1997. Simon subsequently took over full ownership, and another expansion was opened in 2004. The mall has and approximately 160 tenants, including various restaurants. It has also offered several shows featuring animatronic statues. Until 2016, the Forum Shops was the highest grossing mall in the U.S., measured in terms of sales per square foot. History In April 1987, Caesars Palace announced plans to add a shopping center north of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Las Vegas Strip
The Las Vegas Strip is a stretch of Las Vegas Boulevard, Las Vegas Boulevard South in Clark County, Nevada, that is known for its concentration of resort hotels and casinos. The Strip, as it is known, is about long, and is immediately south of the Las Vegas city limits in the Unincorporated towns in Nevada, unincorporated towns of Paradise, Nevada, Paradise and Winchester, Nevada, Winchester, but is often referred to simply as "Las Vegas". Many of the largest hotel, casino, and resort properties in the world are on the Strip, known for its contemporary architecture, lights, and wide variety of attractions. Its hotels, casinos, restaurants, residential high-rises, entertainment offerings, and skyline have established the Strip as one of the most popular and iconic tourist destinations in the world and is one of the driving forces for Las Vegas's economy. Most of the Strip has been designated as an National Scenic Byway, All-American Road, and the North and South Las Vegas Strip r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hot Topic
Hot Topic, Inc. (stylized as HOT TOPIC) is an American retail chain specializing in counterculture-related clothing and accessories, as well as licensed music. The stores are aimed towards an audience interested in rock music and video gaming, and most of their audience ranges from teens to young adults. Approximately 40% of Hot Topic's revenue comes from sales of licensed band T-shirts. Hot Topic often negotiates exclusive licensing arrangements with musical artists, movie studios, and graphic artists. The majority of the stores are located in regional shopping malls. History The first Hot Topic store was opened in November 1989 in Montclair Plaza, Montclair, California, by Orv Madden, a former executive at The Children's Place, who retired as CEO in 2000 and was replaced by Betsy McLaughlin, who headed the company until 2011. Lisa harper assumed the position of CEO in March 2011 until Steve Vranes was announced as the new CEO in 2016. The company went public and began tradi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shopping Mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refer to the walkway itself which was merely bordered by such shops), but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming commonplace at the time. In the U.K., such complexes are considered shopping centres (Commonwealth English: shopping centre), though "shopping center" covers many more sizes and types of centers than the North American "mall". Other countries may follow U.S. usage (Philippines, India, U.A.E., etc.) and others (Australia, etc.) follow U.K. usage. In Canadian English, and oftentimes in Australia and New Zealand, 'mall' may be used informally but 'shopping centre' or merely 'centre' will feature in the name of the complex (such as Toronto Eaton Centre). The ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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