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anchor store noun. A major retailer in a shopping mall, particularly one that brings many customers to the mall.

Example Citation:
"But others, particularly the community's business and political leaders, said such visions are both unrealistic and counterproductive to any revitalization effort. Barbara Askins, executive director for the 125th Street Business Improvement District, said that without 'anchor stores' like the Gap and Home Depot, Harlem residents would 'go downtown or to New Jersey.'"
—Dan Barry and Jonathan P. Hicks, "With Harlem at a Crossroad, Visions for Economic Future Diverge," The New York Times, December 24, 1995

Related Words:
big-box store
demall
kiddydrome
power center
re-anchor
retail anthropology
single-brand store
stores with doors
Wal-Mart effect
Wal-Martian

Subject Category:
Business - Retail

Posted on January 10, 1996 at 7:17 AM


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