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78-591: Bridgewater Commons is a fully enclosed shopping mall located in Bridgewater Township, New Jersey . The mall is located at the intersection of Route 22 and Route 202 / 206 and borders I-287 . The mall opened on February 24, 1988, as Somerset County 's first and has a gross leasable area of 900,000 sq ft (84,000 m). In the 1960s, a township redevelopment agency combined various plots of land in Bridgewater, and then it declared
156-509: A Disney Store opened, which was the first Disney Store located outside of California. On October 18, 1989, Hahnes converted to Lord & Taylor . Since opening, mall management and Somerset Medical Center have sponsored a HealthHike mall walking program to give walkers an indoors, secured, and climate-controlled environment in which to walk. Anyone can obtain a name tag to enter the mall starting at 6:30 a.m. Monday through Saturday and 9 a.m. Sunday. The program also includes
234-495: A hot dog cart which was run out of the kitchen of Eleven Madison Park , one of Meyer's Union Square Hospitality Group (USHG) operations. Over time, the cart became extremely successful, and remained in operation for nearly three years. In 2004, the city began taking bids to operate a new kiosk -style restaurant within the park; Meyer outlined his idea for the space, and opened the first Shake Shack in July 2004. From its beginning
312-878: A lifestyle center adjacent to the mall's property, officially opened on Saturday, September 23, 2006 with two anchors: Crate & Barrel and Maggiano's Little Italy, which opened a month before. As of November 2008, the Food Court has reopened after its extensive renovation. Some of the restaurants within have reopened as well. Throughout the year of 2010, Bridgewater Commons sought an increase in entertainment and restaurant occupants with The Cheesecake Factory opening on August 23, and both AMC Theatres and California Pizza Kitchen opening in November. On May 1, 2015, casual burger restaurant Shake Shack opened their first Central Jersey location in The Village occupying
390-500: A Macy's store in the shopping center, instead of the company's Bamberger's banner, as originally planned. The company was in the process of retiring the Bamberger's brand and converting its Bamberger's stores to its Macy's banner. Bridgewater Commons opened on February 24, 1988, although Hahnes opened earlier, on February 13, and Macy's opened on February 14. Its anchor stores were Macy's, Hahnes, and Stern's . On June 18, 1988,
468-692: A Shake Shack restaurant in Lower Manhattan of poisoning two police officers with bleach after they reported that their shakes had a strange taste. The accusations originated online from the Detectives' Endowment Association and the Police Benevolent Association of the City of New York , and were widely shared on social media before being reported by numerous media outlets. A police investigation found no criminality on
546-492: A few jurisdictions, notably California , have expanded the right of freedom of speech to ensure that speakers will be able to reach consumers who prefer to shop, eat, and socialize within the boundaries of privately owned malls. The Supreme Court decision Pruneyard Shopping Center v. Robins was issued on 9 June 1980 which affirmed the decision of the California Supreme Court in a case that arose out of
624-693: A free speech dispute between the Pruneyard Shopping Center in Campbell, California, and several local high school students. This is a list of the world's largest shopping malls based on their gross leasable area (GLA), with a GLA of at least 250,000 m (2,700,000 sq ft). Some wholesale market complexes also function as shopping malls in that they contain retail space which operate as stores in normal malls do but also act as producer vendor outlets that can take large orders for export. Shake Shack Shake Shack
702-570: A hotel, luxury condominiums, and office space and sits atop a block-long base containing an eight-level atrium-style retail mall that fronts on the Magnificent Mile . Vertical malls are common in densely populated conurbations in East and Southeast Asia. Hong Kong in particular has numerous examples such as Times Square , Dragon Centre , Apm , Langham Place , ISQUARE , Hysan Place and The One . A vertical mall may also be built where
780-493: A large number of new malls had been built near major cities, notably the MEGA malls such as Mega Belaya Dacha mall near Moscow . In large part they were financed by international investors and were popular with shoppers from the emerging middle class. A shopping property management firm is a company that specializes in owning and managing shopping malls. Most shopping property management firms own at least 20 malls. Some firms use
858-534: A major competitor to shopping malls. In the United States , online shopping has accounted for an increasing share of total retail sales. In 2013, roughly 200 out of 1,300 malls across the United States were going out of business. To combat this trend, developers have converted malls into other uses including attractions such as parks, movie theaters, gyms, and even fishing lakes. In the United States,
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#1732780370638936-955: A mall the center reverts to its own name and branding, such as the Ashley Centre in Epsom . Similarly, following its rebranding from Capital Shopping Centres, intu Properties renamed many of its centres to "intu (name/location)" (such as intu Lakeside ); again, malls removed from the network revert to their own brand (see for instance The Glades in Bromley ). One controversial aspect of malls has been their effective displacement of traditional main streets or high streets . Some consumers prefer malls, with their parking garages, controlled environments, and private security guards , over central business districts (CBD) or downtowns , which frequently have limited parking, poor maintenance, outdoor weather, and limited police coverage. In response,
1014-489: A monthly meeting at 8:30 a.m. on the first Wednesday of each month from October through June to discuss health-related topics. Since opening, the mall has also featured an annual Christmas display and kids photo opportunity with Santa Claus in addition to a photo opportunity with the Easter Bunny around Easter time. The mall complex pursued a major expansion in 1991 to add two eight-story office buildings to
1092-1047: A pedestrian promenade with shops along it, but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming increasingly commonplace. In the United Kingdom and other countries, shopping malls may be called shopping centres . In recent decades, malls have declined considerably in North America , particularly in subprime locations, and some have closed and become so-called " dead malls ". Successful exceptions have added entertainment and experiential features, added big-box stores as anchors, or converted to other specialized shopping center formats such as power centers , lifestyle centers , factory outlet centers, and festival marketplaces . In Canada, shopping centres have frequently been replaced with mixed-use high-rise communities. In many European countries and Asian countries , shopping malls continue to grow and thrive. In
1170-806: A popular way to build retail across the world. Gruen himself came to abhor this effect of his new design; he decried the creation of enormous "land wasting seas of parking" and the spread of suburban sprawl. Even though malls mostly appeared in suburban areas in the U.S., some U.S. cities facilitated the construction of enclosed malls downtown as an effort to revive city centers and allow them to compete effectively with suburban malls. Examples included Main Place Mall in Buffalo (1969) and The Gallery (1977, now Fashion District Philadelphia ) in Philadelphia. Other cities created open-air pedestrian malls . In
1248-549: A similar naming scheme for most of their malls; for example, Mills Corporation puts "Mills" in most of its mall names and SM Prime Holdings of the Philippines puts "SM" in all of its malls, as well as anchor stores such as The SM Store, SM Appliance Center, SM Hypermarket, SM Cinema, and SM Supermarket. In the UK, The Mall Fund changes the name of any center it buys to "The Mall (location)" , using its pink-M logo; when it sells
1326-577: A special “Emmy” sauce and caramelized onions. The burger was so popular that tickets for the event sold out one week in advance, and it was described as a "mash-up of pizza and burger flavors" and "transcendent". In 2019 he collaborated with Petit Trois in Santa Monica and Uncle Boons in Forest Hills. The company sells branded T-shirts, sunglasses, and other accessories, called Shack Swag. Shake Shack's shakes have been reviewed as "some of
1404-574: A state of disrepair and misuse. As part of the redevelopment, restaurateur Danny Meyer helped spearhead the creation of the Madison Square Park Conservancy to help redevelop it. One of the first things the Conservancy did in its goal to improve the park was to host an art exhibit called "I <3 Taxi" inside of the park to raise awareness of the renewal effort. Meyer's Director of Operations, Randy Garutti, established
1482-462: A year and then again later in 2016 to 14 stores a year, a goal that would result in a total of 450 stores in approximately 25 years. Later that May, Shake Shack filed for a trademark for the term "chicken shack" leading to speculation that the company would serve chicken sandwiches. The company temporarily introduced chicken sandwiches to its Brooklyn branches on July 7, 2015. In January 2016, Shake Shack introduced chicken sandwiches across locations in
1560-676: A year before the Great Recession , no new malls were built in America, for the first time in 50 years. City Creek Center Mall in Salt Lake City , which opened in March 2012, was the first to be built since the recession. Malls began to lose consumers to open-air power centers and lifestyle centers during the 1990s, as consumers preferred to park right in front of and walk directly into big-box stores with lower prices and without
1638-473: Is an American fast casual restaurant chain based in New York City. It started out as a hot dog cart inside Madison Square Park in 2001, and its popularity steadily grew. In 2004, it received a permit to open a permanent kiosk within the park, expanding its menu from New York–style hot dogs to one with hamburgers, hot dogs, fries and its namesake milkshakes . Since its founding, it has been one of
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#17327803706381716-493: The COVID-19 pandemic . It received $ 10 million. Shake Shack was criticised for utilizing a loophole in the program which allowed it to qualify for monetary aid meant to help small businesses. The company operates 189 locations in the U.S., but only employs around 45 persons at each restaurant. Shake Shack CEO Randy Garutti then said it would return the $ 10 million so that "restaurants who need it most can get it now." In July, it
1794-524: The overhead of traditional malls (i.e., long enclosed corridors). Another issue was that the growth-crazed American commercial real estate industry had simply built too many nice places to shop—far more than could be reasonably justified by the actual growth of the American population, retail sales, or any other economic indicator. The number of American shopping centers exploded from 4,500 in 1960 to 70,000 by 1986 to just under 108,000 by 2010. Thus,
1872-676: The "bidding process (for retail space in Grand Central) is corrupted." The suit was dismissed and Zócalo appealed. In October 2012 Zócalo filed for Chapter 11 bankruptcy protection. In early May 2013, Zócalo vacated the space, and the new outlet opened for business on October 5, 2013. Shake Shack opened its first airport location in May 2013 in JFK's newly expanded Terminal 4. Shake Shack's first international expansion took place in April 2011 with
1950-682: The 5th overall in the city. The city's 3rd opened at Rice Village in March 2018. By December, the city's 4th opened in Montrose district. In mid-December 2016, Delaware opened its first in Newark . In February 2017, the first Michigan location was opened in downtown Detroit . A second Michigan location in Troy opened on October 25, 2017. On May 10, 2017, Shake Shack opened their first Kentucky location at The Summit at Fritz Farm in Lexington . That June,
2028-610: The 600,000 square foot Highland Mall will be a campus for Austin Community College . In France , the So Ouest mall outside of Paris was designed to resemble elegant, Louis XV -style apartments and includes 17,000 square metres (180,000 sq ft) of green space. The Australian mall company Westfield launched an online mall (and later a mobile app) with 150 stores, 3,000 brands and over 1 million products. The COVID-19 pandemic also significantly impacted
2106-584: The American market in 2022, the United States had an average of 24.5 square feet of retail space per capita (in contrast to 4.5 square feet per capita in Europe). In 2019, The Shops & Restaurants at Hudson Yards opened as an upscale mall in New York City with "a ' Fifth Avenue ' mix of shops", such as H&M , Zara , and Sephora below them. This is one of the first two malls built recently, along with American Dream in which both opened in 2019 since City Creek Center . Online shopping has also emerged as
2184-677: The Gruen-designed Southdale Center , which opened in the Twin Cities suburb of Edina, Minnesota , United States in October 1956. For pioneering the soon-to-be enormously popular mall concept in this form, Gruen has been called the "most influential architect of the twentieth century" by Malcolm Gladwell . The first retail complex to be promoted as a "mall" was Paramus, New Jersey 's Bergen Mall , which opened with an open-air format on November 14, 1957, and
2262-670: The International Council of Shopping Centers, is a shopping mall with over 800,000 sq ft (74,000 m ) of gross leasable area, three or more anchors, mass merchant, more variety, fashion apparel , and serves as the dominant shopping venue for the region (25 miles or 40 km) in which it is located. Not classified as malls are smaller formats such as strip malls and neighborhood shopping centers , and specialized formats such as power centers , festival marketplaces , and outlet centers . Shopping centers in general may have their origins in public markets and, in
2340-779: The Middle East, covered bazaars . In 1798, the first covered shopping passage was built in Paris, the Passage du Caire . The Burlington Arcade in London was opened in 1819. The Arcade in Providence, Rhode Island , built in 1828, claims to be the first shopping arcade in the United States. Western European cities in particular built many arcade-style shopping centers. The Galleria Vittorio Emanuele II in Milan, which opened in 1877,
2418-509: The New York locations. That month, reports surfaced that the company was preparing to go public with an IPO and was discussing an underwriting with a number of investment banks, including J.P. Morgan , Morgan Stanley and Goldman Sachs . On January 29, 2015, Shake Shack priced its IPO at $ 21 per share. On the morning of January 30, 2015, it began trading on the NYSE at $ 47 per share under
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2496-595: The Seattle suburbs over the following years and had four locations by late 2023 with a fifth planned. On October 10, 2018, Shake Shack announced that it will officially start operations in Singapore at Jewel Changi Airport in 2019. As of 2021, there are eight locations in the city-state. On June 27, 2019, Shake Shack opened in Mexico City at Paseo de la Reforma , one of Mexico's busiest streets. The opening
2574-464: The United States after World War II , with larger open-air shopping centers anchored by major department stores, such as the 550,000-square-foot (51,000 m ) Broadway-Crenshaw Center in Los Angeles , built in 1947 and anchored by a five-story Broadway and a May Company California . In the late 1950s and into the 1960s, the term "shopping mall" was first used, but in the original sense of
2652-406: The United States were considered to be "dying" (40% or higher vacancy rates) and nearly one-fifth of all malls had vacancy rates considered "troubling" (10% or higher). Some real estate experts say the "fundamental problem" is a glut of malls in many parts of the country creating a market that is "extremely over-retailed". By the time shopping mall operator Unibail-Rodamco-Westfield decided to exit
2730-432: The United States, Persian Gulf countries , and India, the term shopping mall is usually applied to enclosed retail structures (and is generally abbreviated to simply mall ), while shopping center usually refers to open-air retail complexes; both types of facilities usually have large parking lots , face major traffic arterials , and have few pedestrian connections to surrounding neighborhoods. Outside of North America,
2808-508: The United States, developers such as A. Alfred Taubman of Taubman Centers extended the concept further in 1980, with terrazzo tiles at the Mall at Short Hills in New Jersey , indoor fountains, and two levels allowing a shopper to make a circuit of all the stores. Taubman believed carpeting increased friction, slowing down customers, so it was removed. Fading daylight through glass panels
2886-744: The United States, having previously started serving them at all Brooklyn Shake Shack locations. On August 31, 2016, Shake Shack announced it would begin room service at the Chicago Athletic Association Hotel, the first hotel in America to offer in-room Shake Shack. In November 2016, the first Houston, Texas , location opened inside the Galleria ; by March 2017, another opened inside Minute Maid Park in Downtown Houston , with another to open there in August 2019,
2964-573: The United States. Its popularity is such that in the summer at its original location, the wait in line for service can stretch to over an hour, especially on weekends when the weather is pleasant. A webcam on the restaurant's web page shows the current line in real time. In June 2010, Shake Shack opened its first restaurant outside of New York City at the Lincoln Road Mall in Miami Beach 's South Beach neighborhood. In April 2017
3042-424: The basement dining rooms. A common feature of shopping malls is a food court: this typically consists of a number of fast food vendors of various types, surrounding a shared seating area. When the shopping mall format was developed by Victor Gruen in the mid-1950s, signing larger department stores was necessary for the financial stability of the projects, and to draw retail traffic that would result in visits to
3120-530: The best in the industry". It also sells chicken burgers, fries, hot dogs, frozen custards, and beer and wine. In each new location, the beverage menu is customized to the local flavors of the city in which it operates. Their most famous product is the ShackBurger. Available in single or double, it contains a beef patty, American cheese, lettuce, tomato and a proprietary sauce known as Shack Sauce. In June 2020, police organizations falsely accused employees of
3198-864: The company announced a location would open in Charlotte, North Carolina , in late 2017, becoming the first Shake Shack in the Carolinas. California's 5 locations were all in L.A. County , until the 6th had opened in San Diego on October 20, 2017 at Westfield UTC . The other San Diego location opened in Mission Valley in late 2017, as did a South Bay location in El Segundo in October. It first opened in June 2016 near Gangnam Station in Korea. As of 2024,
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3276-688: The company's next CEO. On April 10, 2024, Shake Shack launched its first outlet in Kuala Lumpur at The Exchange TRX. Malaysia is the fourth country in Southeast Asia to open a Shake Shack outlet. On June 13, 2024, Shake Shack opened their first Canadian outlet at Yonge-Dundas Square in Toronto . In April 2020, Shake Shack applied for funding through the Paycheck Protection Program due to lost business during
3354-494: The complex, which would include 578,000 sq ft (53,700 m). of office space and a 300-room hotel. The effort was initiated as part of a longstanding urban renewal project. By 2000, with a 347-room Bridgewater Marriott Hotel already under the construction, the mall's developers pushed ahead to develop the office towers planned for the complex. The two towers later opened, occupied mostly by Brother Industries and Sanofi-Aventis . In 1993, Bridgewater Commons became one of
3432-474: The construction of any more. Out-of-town shopping developments in the UK are now focused on retail parks , which consist of groups of warehouse style shops with individual entrances from outdoors. Planning policy prioritizes the development of existing town centres, although with patchy success. Westfield London ( White City ) is the largest shopping centre in Europe. In Russia , on the other hand, as of 2013
3510-498: The entire area blighted so that the land could be sold to one developer. The tentative name of the development was the Golden Triangle Mall, later changed to Bridgewater Commons in 1974. Bridgewater township signed a contract with The Hahn Company , a California-based mall-developer, in 1985. The Prudential 's real estate division joined the development project later. In 1986, R.H. Macy Co. announced they would open
3588-652: The equivalent of a U.S. mall, are located in city centres, usually found in old and historic shopping districts and surrounded by subsidiary open air shopping streets. Large examples include Westquay in Southampton ; Manchester Arndale ; Bullring Birmingham ; Liverpool One ; Trinity Leeds ; Buchanan Galleries in Glasgow ; St James Quarter in Edinburgh ; and Eldon Square in Newcastle upon Tyne . In addition to
3666-483: The expiration of their lease. Mexican food chain Uncle Julio’s opened their first NJ location in the space formerly occupied by McCormick & Schmick's on February 25, 2020. On August 27, 2020, Lord & Taylor announced they would liquidate and shutter all their remaining stores as the company declared bankruptcy. In November 2021, Crate & Barrel , an anchor of The Village , declared its departure from
3744-444: The fastest-growing food chains, eventually becoming a public company filing for an initial public offering of stock in late 2014. The offering priced on January 29, 2015; the initial price of its shares was at $ 21, immediately rising by 123% to $ 47 on their first day of trading. Shake Shack Inc. owns and operates over 400 locations globally. In 2000, New York City began the rebuilding of Madison Square Park , which had fallen into
3822-667: The first branch in Bangkok , located at Central World , will open on March 30, 2023 and aims to expand approximately 15 branches in Thailand by 2032. On April 19, 2023, Shake Shack announced that they will be launching in Israel. The first restaurant is scheduled to open in Tel Aviv, with plans to subsequently establish 15 additional branches across the country. In March 2024, Shake Shack announced Rob Lynch, CEO of Papa John's , as
3900-655: The first malls in the state to ban smoking, joining 300 of 1800 malls nationwide that prohibited smoking on mall grounds. In 2001, Macy's announced that two Stern's stores will close in the same year, and reopen as Bloomingdale's stores in 2002; Bridgewater was one of them. The other store that was affected was the Wayne location, located at the Willowbrook Mall . In 2003, upscale seafood chain McCormick & Schmick's opened. The Village at Bridgewater Commons ,
3978-692: The geography prevents building outward or there are other restrictions on construction, such as historic buildings or significant archeology . The Darwin Shopping Centre and associated malls in Shrewsbury , UK, are built on the side of a steep hill, around the former town walls; consequently the shopping center is split over seven floors vertically – two locations horizontally – connected by elevators, escalators and bridge walkways. Some establishments incorporate such designs into their layout, such as Shrewsbury's former McDonald's , split into four stories with multiple mezzanines which featured medieval castle vaults – complete with arrowslits – in
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#17327803706384056-436: The inner city shopping centres, large UK conurbations will also have large out-of-town "regional malls" such as the Metrocentre in Gateshead ; Meadowhall Centre , Sheffield serving South Yorkshire ; the Trafford Centre in Greater Manchester ; White Rose Centre in Leeds ; the Merry Hill Centre near Dudley ; and Bluewater in Kent . These centres were built in the 1980s and 1990s, but planning regulations prohibit
4134-459: The late 1960s. The enclosed shopping center, which would eventually be known as the shopping mall, did not appear in mainstream until the mid-1950s. One of the earliest examples was the Valley Fair Shopping Center in Appleton, Wisconsin , which opened on March 10, 1955. Valley Fair featured a number of modern features including central heating and cooling, a large outdoor parking area, semi-detached anchor stores, and restaurants. Later that year
4212-444: The location completed a month-long renovation that added 586 square feet of space, bringing its seating capacity to 106. On July 12, 2010, Shake Shack restaurants were opened in the Theater District and the Upper East Side . The Upper East Side location's opening was significant because it "lifted" East 86th Street, an urban shopping district which had fallen on hard times; the location had been vacant, and even when occupied, it
4290-491: The mall after they opted to not renew their lease. The township plans to re-zone the building to allow medical use to occupy the space after the popular furniture chain vacates. In December 2022, the town council approved a zoning ordinance in the former Lord & Taylor anchor pad to attract entertainment and amusement establishments such as Topgolf or Dave & Buster's to occupy the vacant space. In June 2024, Brazilian steakhouse chain Fogo de Chão opened their venue at
4368-455: The mall. In May 2023, Pacific Retail Capital Partners acquired the mall and The Village from Trademark Properties to revitalize the properties into a "vibrant mixed-use destination", in honor of the mall's 35th year anniversary. A purchase price has not been disclosed. Shopping mall A shopping mall (or simply mall ) is a large indoor shopping center , usually anchored by department stores . The term mall originally meant
4446-454: The mall. The challenge of this type of mall is to overcome the natural tendency of shoppers to move horizontally and encourage shoppers to move upwards and downwards. The concept of a vertical mall was originally conceived in the late 1960s by the Mafco Company, former shopping center development division of Marshall Field & Co. The Water Tower Place skyscraper in Chicago , Illinois was built in 1975 by Urban Retail Properties. It contains
4524-556: The name of the complex (such as Toronto Eaton Centre ). The term mall is less-commonly a part of the name of the complex. The International Council of Shopping Centers , based in New York City , classifies two types of shopping centers as malls: regional malls and superregional malls. A regional mall, per the International Council of Shopping Centers, is a shopping mall with 400,000 sq ft (37,000 m ) to 800,000 sq ft (74,000 m ) gross leasable area with at least two anchor stores . A super-regional mall, per
4602-406: The next 10 years, with the first store due to open at The Exchange TRX mall in the capital city of Kuala Lumpur . On March 22, 2023, Shake Shack announced that it will expand into Canada , starting with a flagship location in 2024. It plans to open 35 Shacks by 2035. On March 24, 2023, Shake Shack has launched in Thailand and is the third country to launch in South East Asia . Opening of
4680-499: The number of dead malls increased significantly in the early 21st century. The economic health of malls across the United States has been in decline, as revealed by high vacancy rates. From 2006 to 2010, the percentage of malls that are considered to be "dying" by real estate experts (have a vacancy rate of at least 40%), unhealthy (20–40%), or in trouble (10–20%) all increased greatly, and these high vacancy rates only partially decreased from 2010 to 2014. In 2014, nearly 3% of all malls in
4758-464: The number of stores has been expanded to 26. On June 7, 2018, Shake Shack opened their first Ohio location inside Orange Village in East Cleveland, Ohio . More Cleveland area locations would open soon after including an outlet inside the Cleveland Hopkins International Airport main concourse. These were followed by a Seattle location—the company's first in the Pacific Northwest—that opened in October 2018 with long lines. Shake Shack expanded into
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#17327803706384836-637: The opening of a location in the Mall of the Emirates in Dubai . The following expansion occurred in July 2011 with the opening of a Shake Shack in The Avenues , Kuwait . The first European location debuted in mid-2013 in London , United Kingdom , closely following the opening of the first Five Guys in the same area. As of 2024 Shake Shack has 16 locations in the UK. By August 2014, Shake Shack outlets had begun operating in California, Connecticut, Delaware, Washington, D.C., Florida, Georgia, Illinois, Maryland, Massachusetts, New Hampshire, New Jersey, Nevada, Pennsylvania, Texas and Virginia, in addition to
4914-432: The prior year. In the United Kingdom and Ireland, both open-air and enclosed centers are commonly referred to as shopping centres . Mall primarily refers to either a shopping mall – a place where a collection of shops all adjoin a pedestrian area – or an exclusively pedestrianized street that allows shoppers to walk without interference from vehicle traffic. The majority of British enclosed shopping centres,
4992-456: The restaurant was not designed to be a chain; it was intended to be a single shop location designed specifically for New York City. However, as the original location's sales continued to grow, the group realized that there was a market for expansion. Since its opening, Shake Shack has grown to be the largest part of the USHG's portfolio. Its average store revenue of US$ 4 million is more than twice that of McDonald's average store revenue within
5070-403: The retail industry. Government regulations temporarily closed malls, increased entrance controls, and imposed strict public sanitation requirements. High land prices in populous cities have led to the concept of the "vertical mall", in which space allocated to retail is configured over a number of stories accessible by elevators and/or escalators (usually both) linking the different levels of
5148-417: The smaller stores in the mall as well. These larger stores are termed anchor stores or draw tenants. In physical configuration, anchor stores are normally located as far from each other as possible to maximize the amount of traffic from one anchor to another. There are a reported 222 malls in Europe. In 2014, these malls had combined sales of US$ 12.47 billion. This represented a 10% bump in revenues from
5226-487: The space vacated by Coldwater Creek . This marked the chain’s third location in the state of New Jersey. On November 23, 2016, American restaurant chain Redstone American Grill opened their second New Jersey location in a pad next to California Pizza Kitchen. On October 19, 2017, Mediterranean restaurant chain Cava opened their third New Jersey location at The Village in the former Brooks Brothers space. McCormick & Schmick's closed in January 2019 due to
5304-423: The terms shopping precinct and shopping arcade are also used. In the UK, such complexes are considered shopping centres though shopping centre covers many more sizes and types of centers than the North American mall . Other countries follow UK usage. In Canadian English , and often in Australia and New Zealand, the term mall may be used informally but shopping center or merely center will feature in
5382-401: The ticker symbol SHAK. In April 2015, shares hit prices of $ 72, and hit a high of about $ 90 in May 2015. In its IPO filing, the company stated that it planned to expand its domestic footprint to 450 company-operated stores. While no end date was given for that expansion, the company indicated its intention to open at least 10 restaurants each fiscal year, though it later amended that target to 12
5460-507: The word "mall", meaning a pedestrian promenade in the U.S., or in U.K. usage, a "shopping precinct". Early downtown pedestrianized malls included the Kalamazoo Mall (the first, in 1959), "Shoppers' See-Way" in Toledo , Lincoln Road Mall in Miami Beach , Santa Monica Mall (1965). Although Bergen Mall opened in 1957 using the name "mall" and inspired other suburban shopping centers to rebrand themselves as malls, these types of properties were still referred to as "shopping centers" until
5538-441: The world's first fully enclosed shopping mall was opened in Luleå , in northern Sweden (architect: Ralph Erskine ) and was named Shopping ; the region now claims the highest shopping center density in Europe. The idea of a regionally-sized, fully enclosed shopping complex was pioneered in 1956 by the Austrian-born architect and American immigrant Victor Gruen . This new generation of regional-size shopping centers began with
5616-504: Was described by a neighbor as "never anything good there...dingy and dilapidated...almost an eyesore." In July 2011, it was announced that Shake Shack had reached a deal with the MTA to open a location in the lower level of Grand Central Terminal . This project was delayed because the tenant occupying the space Shake Shack was to take over, Mexican eatery Zócalo, refused to vacate after the expiration of their lease and filed suit, arguing that
5694-498: Was irresponsible. Shake Shack has frequently been the headlining restaurant at The Infatuation 's EEEEEATSCON food festival in Santa Monica, California , and Forest Hills, New York . Culinary Director Mark Rosati is known for creating exclusive burger and shake collaborations local restaurants for the festival. In 2018 he collaborated with Brooklyn 's Emily restaurant to create a Shack-style burger topped with American cheese,
5772-518: Was larger than its predecessors, and inspired the use of the term "galleria" for many other shopping arcades and malls. In the mid-20th century, with the rise of the suburb and automobile culture in the United States, a new style of shopping center was created away from downtowns . Early shopping centers designed for the automobile include Market Square , Lake Forest, Illinois (1916), and Country Club Plaza , Kansas City, Missouri (1924). The suburban shopping center concept evolved further in
5850-768: Was later enclosed in 1973. Aside from Southdale Center , significant early enclosed shopping malls were Harundale Mall (1958) in Glen Burnie, Maryland, Big Town Mall (1959) in Mesquite, Texas, Chris-Town Mall (1961) in Phoenix, Arizona, and Randhurst Center (1962) in Mount Prospect, Illinois. Other early malls moved retailing away from the dense, commercial downtowns into the largely residential suburbs. This formula (enclosed space with stores attached, away from downtown, and accessible only by automobile) became
5928-518: Was revealed that Shack Shake founder Danny Meyer's Union Square Hospitality Group took a total of between $ 11 and $ 27 million in PPP funding. Meyer was unapologetic about receiving the relief funds, despite the fact that the firm employs a total of 2,300 employees. When the Shake Shack relief funding was revealed, he had earlier appeared on at least one podcast stating that its acceptance of PPP funding
6006-952: Was so popular that on opening day, people had it wait in line for about two hours. The restaurant chain is expected to open 30 locations in Mexico by 2029, beginning with the next location in the south of Mexico City in Coapa. On August 3, 2019, Utah 's first location opened in the suburb of Sandy and was built into a 90-year-old historic elementary and high school. On April 16, 2021, the first Shake Shack in Oregon opened in Beaverton . A Downtown Portland restaurant opened in April 2023 after several years of planning. On January 10, 2022, Shake Shack and South Korean food conglomerate SPC Group announced they would launch 10 Shake Shacks in Malaysia in
6084-426: Was supplemented by gradually increased electric lighting, making it seem like the afternoon was lasting longer, which encouraged shoppers to linger. In the United States, in the mid-1990s, malls were still being constructed at a rate of 140 a year. But in 2001, a PricewaterhouseCoopers study found that underperforming and vacant malls, known as "greyfield" and "dead mall" estates, were an emerging problem. In 2007,
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