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The modern shopping centre developed in the suburbs of the UnitedStates following the Second World War as returning veterans sought homesfor themselves and their families. These suburban shopping centres werethe product of two demographic events the move to suburbia andthe impact of the baby boom. Retailers of all types found the suburbanshopping centre an ideal place for their goods and developers builtcentres of all types and sizes throughout the US in response to the needand demand during the 1970s. Today, there are over 37,000 shoppingcentres accounting for over 56 per cent of total retail sales excludingautomotive and petrol service stations. The current overabundance ofretail space coupled with a recession has created special problems forthis industry.
International Journal of Retail & Distribution Management – Emerald Publishing
Published: Jun 1, 1991
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