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21-581: At 675,000 square feet (62,700 m), as of 2005, the Dakota Square Mall is the largest mall within a 110-mile (180 km) radius. It is the third largest mall in North Dakota, boasting 70 shops, with two major anchor stores ( JCPenney and Target ), a food court, and a nine-screen AMC Classic Dakota Square 9 with stadium seating. Located 50 miles (80 km) from the Canada–US border ,

42-443: A shopping mall , often a department store or retail chain . They are typically located at the ends of malls, sometimes in the middle. With their broad appeal, they are intended to attract a significant cross-section of the shopping public to the center. They are often offered steep discounts on rent in exchange for signing long-term leases in order to provide steady cash flows for the mall owners. Some examples of anchor stores in

63-426: A 75% share in the company in late 2011, with the founders retaining the remaining balance of shares. Sporting Life originally had four locations until their 2014 expansion. Their flagship store is located at 2665 Yonge Street, just south of Lawrence Avenue, and it contains 36,000 square feet over two stories, having been recently expanded in 2011. Their 2454 Yonge Street location sells mainly bikes and snowboards, with

84-536: A 75% stake to Fairfax in late 2011 in order to fund the retailer's expansion. The plan was to open two stores a year, with suggested locations in Vancouver, Edmonton, Calgary, and Montreal, each store being in the 30,000-50,000 square foot range. Sporting Life's fifth and sixth locations opened in 2014, the first time in 14 years that they had opened a new store. Sporting Life had bought Ottawa -based Tommy & Lefebvre on June 25, 2013, and moved their staff from

105-434: A captive clientele. The challenges faced by the traditional large department stores have led to a resurgence in the use of supermarkets, even gyms , as anchors. The International Council of Shopping Centers makes the presence of anchors one of the main defining characteristics of the two largest categories of centres, the regional center with 400,000 to 800,000 square feet (74,000 m ) in gross leasable area , and

126-551: A common type of anchor store, since they are visited often. However, research on consumer behavior revealed that most trips to the grocery store did not result in visits to surrounding shops . Large supermarkets remain common anchor stores within power centers however. Since the end of the 20th century, the declining popularity of old-line department stores has made it necessary for mall management companies to consider re-anchoring with other retail alternatives, or mix commercial development with residential development to guarantee

147-559: A limited selection of apparel. They also have a 42,000-square-foot anchor space at Sherway Gardens , which relocated to a new wing in 2015 as part of the mall's expansion and renovation, while the original location was replaced by Nordstrom in 2017. There is also a 10,000-square-foot location in Collingwood , situated near Blue Mountain , which was initially their only store outside Toronto. In 2008, Sporting Life launched its e-commerce website. The co-founders of Sporting Life sold

168-1279: A newly expanded central space. Two more stores opened in 2017; one at Yorkdale Shopping Centre in part of the space previously occupied by Sears Canada, and another at Calgary's CF Market Mall . In October 2018, Sporting Life opened their first store outside Ontario and Alberta at Quartier Dix30 , in Brossard , Quebec . In November 2019, Sporting Life expanded into British Columbia and opened first store in Greater Vancouver at Brentwood Mall . In late 2022, Sporting Life opened 3 new stores located at Carrefour Laval Shopping Centre in Laval, Quebec, Mapleview Mall in Burlington, Ontario, and Southgate Mall in Edmonton, Alberta. This will bring their store total to 13 stores plus e-commerce. At maturity, Sporting Life will grow to 18 stores by 2027. Sporting Life stocks outerwear, athleticwear, footwear, bikes, skis, snowboards and lifestyle apparel. It carries luxury labels such as Moncler , Nobis, Moose Knuckles and Canada Goose . Sporting Life

189-460: A plan to close 72 stores nationwide. The store closed in September 2017. On April 18, 2018, it was announced that Herberger's would also be closing as parent company The Bon-Ton Stores was going out of business. The store closed on August 26, 2018. That space has been divided into smaller stores like Party City , Ross Dress For Less , T-Mobile , and Ulta Beauty . On February 19, 2021, it

210-410: A privately owned company by David and Patti Russell (husband and wife), and Brian McGrath. The three co-founders are enthusiast skiers at a private club and are actively involved in picking merchandise, with Mr. Russell into sports equipment, Ms. Russell to fashion; and Mr. McGrath focused on footwear. As of 2011, there were 270 full-time staff and 600 employees. Fairfax Financial Holdings Limited bought

231-646: Is also known for sponsoring the Sporting Life 10K run which starts at its flagship store and takes the route of Yonge Street; the 2013 edition sold out with 27,000 participants raising $ 2.2 million. The Sporting Life 10K is an annual 10K running /walking event on Yonge Street in Toronto , that has taken place every May since 2003. Money raised from the Sporting Life 10K goes towards funding Campfire Circle (formerly Camp Ooch & Camp Trillium)–

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252-582: Is unconfirmed as the company is privately held and does not make its financial statements public. Co-founder David Russell suggested that Sport Chek and Sporting Life were not direct competitors, saying “Typically, our price points take over where theirs end”. Due to its few locations and product selection, Sporting Life has been described by the Toronto Star as a "destination shop". It is extremely popular during Boxing Day and Black Friday , with huge lineups of customers waiting to enter. Sporting Life

273-538: The Bank Street location to their new store at a reconstructed Lansdowne Park in October 2014. Another Sporting Life opened at the newly renovated Markville in September 2014, replacing a Sport Chek . Sporting Life opened their seventh store at Hillcrest Mall in spring 2016, on the site of the former The Bay "Men's Store and Home" store; after The Bay had consolidated its two separate mall locations into

294-425: The superregional center with more than 800,000 square feet (74,000 m ) of space. The regional center typically has two or more anchors, while the superregional typically has three or more. In each case, the anchors account for 50–70% of the centre's leasable space. Shopping centres with anchor stores have consistently outperformed those without one, as the anchor helps draw shoppers initially attracted to

315-551: The United States are: Macy's , Sears , JCPenney , Nordstrom , Neiman Marcus , Saks Fifth Avenue , Dillard's , Kohl's , Walmart , and Target . And in Canada ; Hudson's Bay , Sears (formerly), Target (formerly), Zellers (formerly, now in all Hudson’s Bay locations), Nordstrom / Nordstrom Rack (formerly), TJX Companies ( HomeSense , Winners , Marshalls ), Walmart, Saks Fifth Avenue , Sporting Life . When

336-409: The anchor to shop at other shops in the mall. Thus, a mall which loses its last anchor is often considered to be a dead mall . Sporting Life (retailer) Sporting Life is a sporting retailer shop based in Toronto , Ontario , Canada . Sporting Life sells sporting goods specially made for runners , cyclers , skiers , snowboarders , and hikers . Sporting Life was founded in 1979 as

357-641: The mall also draws a significant number of customers from Canada. One unique feature of the mall is a Sleep Inn & Suites directly attached to the mall itself, which opened in November 2003. The hotel also features Splashdown Dakota Super Slides, a 24,000-square-foot (2,200 m) water park complex which opened in April 2004. Dakota Square is one of only a few shopping malls in the United States to feature an attached hotel. The mall opened in 1980. Formerly owned by Jones Lang LaSalle of Chicago, Illinois ,

378-458: The mall was later owned by The Lightstone Group and sold again to CBL & Associates Properties in May 2012. Barnes & Noble is located in the mall and opened on March 12, 2008. Also in 2008, Scheels All Sports expanded into a store previously occupied by Old Navy . As a result, Old Navy relocated within the mall. On June 6, 2017, it was announced that Sears would be closing as part of

399-443: The planned shopping centre format was developed by Victor Gruen in the early to 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 the smaller shops in the centre as well. Anchors generally have their rents heavily discounted, and may even receive cash inducements from the centre to remain open. Early on, grocery stores were

420-427: Was announced that Scheels All Sports would be relocating to the former Sears space in 2022. 48°12′23″N 101°18′41″W  /  48.206375°N 101.311326°W  / 48.206375; -101.311326 Anchor store In North American, Australian and New Zealand retail , an " anchor tenant ", sometimes called an " anchor store ", " draw tenant ", or " key tenant ", is a considerably larger tenant in

441-519: Was one of the first North American retailers of Canada Goose. Sporting Life's stock includes moderately prices brands like Nike and Adidas as well as catering to an upmarket and enthusiast clientele. This is a differentiator from another Canadian sporting goods retailer, Sport Chek , which caters to a more casual audience as well being common in Canadian shopping plazas and malls. Sporting Life's annual sales are reported to be under $ 200 million but this

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