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Carmel Plaza
Carmel Plaza is a self-described "upscale, outdoor lifestyle shopping center" in Carmel-by-the-Sea, California, in the block bounded by Ocean, Junipero, Mission and 7th streets. It is currently anchored by Anthropologie and is home to luxury goods retailers such as Tiffany. Three stories of shops surround an open-air courtyard. Despite its small size, the center has been host to small branches of three department stores. At opening on August 18, 1960, I. Magnin opened a store here. Both the store and the center were designed by architect Olof Dahlstrand. Joseph Magnin opened in 1974. After the Joseph Magnin chain closed in 1984, Saks Fifth Avenue opened on May 31, 1986. The shopping mall was built in 1960 by Gerson Bakar and Steve Jacobs. It was sold to Macerich The Macerich Company ( ) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the compa ...
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Lifestyle Center
A lifestyle center (American English), or lifestyle centre (Commonwealth English), is an open-air shopping center which aims to create a "pedestrian-friendly, town-like atmosphere with sidewalks, landscaping, ambient lighting, and park benches. Memphis developers Poag and McEwen are generally credited with developing the concept in the late 1980s. Lifestyle centers emerged as a major retailing trend in the late 1990s. Sometimes labeled boutique malls or ersatz downtown, they are often located in affluent suburban areas. History The proliferation of lifestyle centers in the United States accelerated in the early 21st century, growing from 30 nationally in 2002 to 120 at the end of 2004. They lie on the upscale end of commercial development, with discount-based outlet malls on the low end. Design Lifestyle centers typically require less land and may generate higher revenue margins, generating close to $500 per square foot, compared to an average of $330 per square foot for a t ...
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Carmel-by-the-Sea, California
Carmel-by-the-Sea (), commonly known simply as Carmel, is a city in Monterey County, California, located on the Central Coast of California. As of the 2020 United States census, 2020 census, the city had a population of 3,220, down from 3,722 at the 2010 United States Census, 2010 census. Situated on the Monterey Peninsula, Carmel is a tourist destination, known for its natural scenery and artistic history. The Spanish Empire, Spanish founded a settlement in 1797, when Mission San Carlos Borromeo de Carmelo was relocated by Junípero Serra, St. Junípero Serra from Monterey. Mission Carmel served as the headquarters of the Spanish missions in California, Californian mission system, until the Mexican secularization act of 1833, when the area was divided into ranchos of California, rancho grants. The settlement was largely abandoned by the Conquest of California, U.S. Conquest of California in 1848 and stayed undeveloped until Santiago J. Duckworth set out to build a summer colony ...
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Anthropologie
Anthropologie is an Economy of the United States, American retailer operating in the U.S., Canada, France, Germany and the UK that sells clothing, jewelry, home furniture, decorations, beauty products, and gifts. Anthropologie is part of Urban Outfitters, URBN brands, which includes Urban Outfitters, Free People, BHLDN, and Terrain. History In 1970, former Lehigh University roommates and later University of Pennsylvania Wharton School of the University of Pennsylvania, Wharton Business School classmates Richard Hayne and Scott Belair needed a project for an entrepreneurial class. They decided to open a retail store called Free People. According to some sources, Hayne's ex-wife Judy Wicks co-founded the company with him. After opening another store, Urban Outfitters, Hayne worked the concept behind Anthropologie, aiming to sell products targeting 30 to 45-year-old women. In the autumn of 1992, Anthropologie opened its first free-standing store in a refurbished automobile shop ...
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Tiffany & Co
Tiffany & Co. (colloquially known as Tiffany's) is an American luxury goods, luxury jewelry and specialty design house headquartered on Fifth Avenue in Manhattan. Tiffany is known for its luxury goods, particularly its sterling silver and diamond jewelry. These goods are sold at Tiffany stores, online, and through corporate merchandising. Its name and branding are licensed to Coty Inc., Coty for fragrances and to Luxottica for eyewear. Tiffany & Co. was founded in 1837 by the jeweler Charles Lewis Tiffany and became famous in the early 20th century under the artistic direction of his son Louis Comfort Tiffany. In 2018, net sales totaled US$4.44 billion. , Tiffany operated over 300 stores globally, in many countries including the United States, Japan, and Canada, as well as Europe, Latin America, and the collective Asia-Pacific region, and is exploring opportunities in Africa. The company's product line features fine jewelry, sterling silver, watches, porcelain, crystal, ...
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Joseph Magnin
The Joseph Magnin Company was a high-end specialty department store founded in San Francisco, California, by Joseph Magnin, 4th son of Isaac Magnin founder of the I. Magnin department store. Joseph Magnin Co. and I. Magnin Co. were rivals. History In 1913, Joseph Magnin left I. Magnin & Co. and bought into a partnership of the Newman-Levinson store, which changed its name to Newman-Magnin and in 1919 to Joseph Magnin Co. The store was located at the corner of Stockton and O'Farrell Streets. At the time, I. Magnin Co. was located at Grant and Geary Streets. However in 1948 when I. Magnin built the new flagship store at Stockton and Geary streets, the two flagship stores were less than a block apart. Initially Joseph Magnin was a midrange purveyor of apparel and millinery and was viewed as a second-rate I. Magnin. Within the garment industry, Joseph Magnin Co. was known as "the other Magnin". For many years Joseph Magnin Co. operated in the shadows of I. Magnin. I. Magnin ha ...
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Saks Fifth Avenue
Saks Fifth Avenue (Colloquialism, colloquially Saks) is an American Luxury goods, luxury department store chain founded in 1867 by Andrew Saks. The first store opened in the F Street and 7th Street shopping districts, F Street shopping district of Washington, D.C., and expanded into Manhattan with its Herald Square store in 1902. Saks was bought by the Gimbels department store chain in 1923 and expanded nationwide during this ownership, and opened its Saks Fifth Avenue flagship store, flagship store on Fifth Avenue in 1924. Gimbels and Saks were acquired by Brown & Williamson in 1973, and transferred to sister company Batus Inc. in 1980. While Gimbels was liquidated in 1987, Saks was sold to Investcorp in 1990. Saks Off 5th was established as a Saks clearance store the same year, and has since evolved into an Off-price retailer, off-price store chain. Saks was acquired by Proffitt's, Inc. (renamed Saks, Inc.) in 1998. Saks, Inc. was acquired by the Hudson's Bay Company in 2013. ...
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Macerich
The Macerich Company ( ) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the company owned interests in 52 properties comprising 50 million square feet of leasable area. The company name is a portmanteau of its founders, Mace Siegel and Richard Cohen. History The company traces its antecedents to the MaceRich Real Estate Company founded in New York in 1964 by ''Mace Siegel'' and ''Richard Cohen'' who combined their first names to name their company. In 1994, the company became a public company via an initial public offering. In 2002, Macerich acquired Phoenix, Arizona-based Westcor for $1.475 billion. The purchase added 9 properties to Macerich's portfolio making them the largest mall owner in the Phoenix Metropolitan Area. In 2005, the company acquired most of Rochester, New York-based Wilmorite Properties' portfolio for $2.333 billion, adding 1 ...
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Shopping Malls In Monterey County, California
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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