Shopping centers are classified by the International Council of Shopping Centers. They are classified into eight main types. These include the community center, neighborhood center, fashion center, specialization center, exhibition center, hyper-regional center and a theme or festival center. When this list was published in 1999, it became common to all countries.
A Neighborhood Center
A Neighborhood Center is a small-scale shopping center that specifically serves a local neighborhood. They mostly have a pharmacy or a supermarket as anchor. They are also usually arranged in the form of a shopping mall. These types of shopping centers have a retail space of about 30,000 to 150,000 square feet. They also serve a capital area within a 3-mile radius.
A Community Hall
A community hall can be said to be larger than a neighborhood center. It also offers a wide range of products. Mostly have two anchor stores that are vastly larger than those of a neighborhood center.
A regional center
A regional center is a kind of shopping center designed in such a way that it can serve a much larger area than a conventional shopping mall. Thus, it is able to offer a much larger retail area and so can serve many customers at a single time point
This is a very large kind of mall.
A fashion center
A fashion mall is usually made up of luxury boutiques and clothing stores and they serve customers who are wealthy or have access to a higher income level. They also have a retail area ranging from 80,000 to 250,000 square feet.
A power center
A power center is a very large shopping center that has many large box retailers as anchors. They have a retail area that is between 250,000 and 600,000 square feet and also have a main shopping area from 5 to 10 miles
These types of shopping centers have a very special and unifying theme that is followed by individual shops and also their architecture. They are mainly located in urban areas and serve a large number of tourists.