Lifestyle Center (retail)

Lifestyle Center (retail)

A lifestyle center 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, which were first labeled as such by Memphis developers Poag and McEwen in the late 1980s and emerged as a retailing trend in the late 1990s, are sometimes labeled "boutique malls". They are often located in affluent suburban areas. While modern-day lifestyle centers are fairly new, open-air malls have been around for decades. One such mall is Friendly Shopping Center in Greensboro, North Carolina. The open-air mall opened in 1957 and has adapted to the look and layout of today's modern-day lifestyle centers. An expanded section of Friendly Shopping Center called "The Shops at Friendly Center" includes upscale retail and restaurant establishments such as Brooks Brothers and PF Chang's.

Read more about Lifestyle Center (retail):  Lifestyle Centers Vs. Traditional Malls

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