NCCC Malls
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NCCC Malls
New City Commercial Corporation Malls or NCCC Malls, commonly known as just NCCC are shopping malls owned by the New City Commercial Corporation (NCCC) Group. The company is founded and is based in Davao City, Philippines. History NCCC began as a textile store in Davao City during the 1950s by Lim Tian Siu. The store eventually evolved into a general merchandise store selling basic necessities and other items like shoes and jewelry. In 1978, the family opened the first NCCC Supermarket and Department Store at Ramon Magsaysay Avenue and named it New City Commercial Center. By 1987, NCCC opened its Tagum, Tagum City branch. Then in 1991, NCCC opened its first mall in Puerto Princesa, Puerto Princesa City, Palawan (island), Palawan. This was also the first mall in the island and in outside of Mindanao. In 1999, the company expanded its branch in Tagum City with the opening of NCCC Mall Tagum. In 2019, NCCC was able to acquire the first mall in Davao City, the NCCC Mall VP, Vic ...
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Shopping Malls
A shopping mall (or simply mall) is a large indoor shopping center, usually anchored by department stores. The term ''mall'' originally meant 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, partly due to the retail apocalypse, 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 ...
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