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mw-first-heading"><span class="mw-page-title-main">Anchor tenant</span></h1> <div class="tagline"></div> </div> <ul id="p-associated-pages" class="minerva__tab-container"> <li class="minerva__tab selected"> <a class="minerva__tab-text" href="/wiki/Anchor_tenant" rel="" data-event-name="tabs.subject">Article</a> </li> <li class="minerva__tab "> <a class="minerva__tab-text" href="/wiki/Talk:Anchor_tenant" rel="discussion" data-event-name="tabs.talk">Talk</a> </li> </ul> <nav class="page-actions-menu"> <ul id="p-views" class="page-actions-menu__list"> <li id="language-selector" class="page-actions-menu__list-item"> <a role="button" href="#p-lang" data-mw="interface" data-event-name="menu.languages" title="Language" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet language-selector"> <span class="minerva-icon minerva-icon--language"></span> <span>Language</span> </a> </li> <li id="page-actions-watch" class="page-actions-menu__list-item"> <a role="button" id="ca-watch" href="/w/index.php?title=Special:UserLogin&returnto=Anchor+tenant" data-event-name="menu.watch" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet menu__item--page-actions-watch"> <span class="minerva-icon minerva-icon--star"></span> <span>Watch</span> </a> </li> <li id="page-actions-edit" class="page-actions-menu__list-item"> <a role="button" id="ca-edit" href="/w/index.php?title=Anchor_tenant&action=edit" data-event-name="menu.edit" data-mw="interface" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet edit-page menu__item--page-actions-edit"> <span class="minerva-icon minerva-icon--edit"></span> <span>Edit</span> </a> </li> </ul> </nav>  <div id="mw-content-subtitle"></div> </div> <div id="bodyContent" class="content"> <div id="mw-content-text" class="mw-body-content"><script>function mfTempOpenSection(id){var block=document.getElementById("mf-section-"+id);block.className+=" open-block";block.previousSibling.className+=" open-block";}</script><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><section class="mf-section-0" id="mf-section-0"> <p>In North American, Australian and New Zealand <a href="/wiki/Retail" title="Retail">retail</a>, an "<b>anchor tenant</b>", sometimes called an "<b>anchor store</b>", "<b>draw tenant</b>", or "<b>key tenant</b>", is a considerably larger <a href="/wiki/Leasehold_estate" title="Leasehold estate">tenant</a> in a <a href="/wiki/Shopping_mall" title="Shopping mall">shopping mall</a>, often a <a href="/wiki/Department_store" title="Department store">department store</a> or <a href="/wiki/Chain_store" title="Chain store">retail chain</a>.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> 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. </p><figure class="mw-default-size mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Nordstrom.JPG" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/9/99/Nordstrom.JPG/220px-Nordstrom.JPG" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/99/Nordstrom.JPG/330px-Nordstrom.JPG 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/99/Nordstrom.JPG/440px-Nordstrom.JPG 2x" data-file-width="2560" data-file-height="1920"></a><figcaption><a href="/wiki/Nordstrom" title="Nordstrom">Nordstrom</a>, a former anchor store at <a href="/wiki/The_Florida_Mall" title="The Florida Mall">The Florida Mall</a> located in <a href="/wiki/Orlando,_Florida" title="Orlando, Florida">Orlando, Florida</a></figcaption></figure> <figure class="mw-default-size mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:MeridianDunedin.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/MeridianDunedin.jpg/220px-MeridianDunedin.jpg" decoding="async" width="220" height="157" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/MeridianDunedin.jpg/330px-MeridianDunedin.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/MeridianDunedin.jpg/440px-MeridianDunedin.jpg 2x" data-file-width="690" data-file-height="491"></a><figcaption><a href="/wiki/Meridian_Mall,_Dunedin" title="Meridian Mall, Dunedin">Meridian Mall</a> in <a href="/wiki/Dunedin" title="Dunedin">Dunedin</a>, New Zealand, with the logos of the two anchor tenants (<a href="/wiki/Kmart_New_Zealand" class="mw-redirect" title="Kmart New Zealand">Kmart New Zealand</a> and <a href="/wiki/Arthur_Barnett_(department_store)" class="mw-redirect" title="Arthur Barnett (department store)">Arthur Barnett</a>) displayed on the upper walls</figcaption></figure> <p>Some examples of anchor stores in the United States are: <a href="/wiki/Macy%27s" title="Macy's">Macy's</a>, <a href="/wiki/Sears" title="Sears">Sears</a>, <a href="/wiki/JCPenney" title="JCPenney">JCPenney</a>, <a href="/wiki/Nordstrom" title="Nordstrom">Nordstrom</a>, <a href="/wiki/Neiman_Marcus" title="Neiman Marcus">Neiman Marcus</a>, <a href="/wiki/Saks_Fifth_Avenue" title="Saks Fifth Avenue">Saks Fifth Avenue</a>, <a href="/wiki/Dillard%27s" title="Dillard's">Dillard's</a>, <a href="/wiki/Kohl%27s" title="Kohl's">Kohl's</a>, <a href="/wiki/Walmart" title="Walmart">Walmart</a>, and <a href="/wiki/Target_Corporation" title="Target Corporation">Target</a>. And in <a href="/wiki/Canada" title="Canada">Canada</a>; <a href="/wiki/Hudson%27s_Bay_(department_store)" title="Hudson's Bay (department store)">Hudson's Bay</a>, <a href="/wiki/Sears_Canada" title="Sears Canada">Sears</a> (formerly), <a href="/wiki/Target_Canada" title="Target Canada">Target</a> (formerly), <a href="/wiki/Zellers" title="Zellers">Zellers</a> (formerly, now in all <a href="/wiki/Hudson%27s_Bay_(department_store)" title="Hudson's Bay (department store)">Hudson’s Bay</a> locations), <a href="/wiki/Nordstrom_Canada" class="mw-redirect" title="Nordstrom Canada">Nordstrom</a>/<a href="/wiki/Nordstrom_Rack" title="Nordstrom Rack">Nordstrom Rack</a> (formerly), <a href="/wiki/TJX_Canada" class="mw-redirect" title="TJX Canada">TJX Companies</a> (<a href="/wiki/HomeSense" title="HomeSense">HomeSense</a>, <a href="/wiki/Winners" title="Winners">Winners</a>, <a href="/wiki/Marshalls" title="Marshalls">Marshalls</a>), <a href="/wiki/Saks_Fifth_Avenue" title="Saks Fifth Avenue">Walmart, Saks Fifth Avenue</a>, <a href="/wiki/Sporting_Life_(retailer)" title="Sporting Life (retailer)">Sporting Life</a>. </p> <div id="toc" class="toc" role="navigation" aria-labelledby="mw-toc-heading"><input type="checkbox" role="button" id="toctogglecheckbox" class="toctogglecheckbox" style="display:none"><div class="toctitle" lang="en" dir="ltr"><h2 id="mw-toc-heading">Contents</h2><span class="toctogglespan"><label class="toctogglelabel" for="toctogglecheckbox"></label></span></div> <ul> <li class="toclevel-1 tocsection-1"><a href="#Origins"><span class="tocnumber">1</span> <span class="toctext">Origins</span></a></li> <li class="toclevel-1 tocsection-2"><a href="#Classification"><span class="tocnumber">2</span> <span class="toctext">Classification</span></a></li> <li class="toclevel-1 tocsection-3"><a href="#Culture"><span class="tocnumber">3</span> <span class="toctext">Culture</span></a></li> <li class="toclevel-1 tocsection-4"><a href="#See_also"><span class="tocnumber">4</span> <span class="toctext">See also</span></a></li> <li class="toclevel-1 tocsection-5"><a href="#References"><span class="tocnumber">5</span> <span class="toctext">References</span></a></li> </ul> </div> </section><div class="mw-heading mw-heading2 section-heading" onclick="mfTempOpenSection(1)"><span class="indicator mf-icon mf-icon-expand mf-icon--small"></span><h2 id="Origins">Origins</h2><span class="mw-editsection"> <a role="button" href="/w/index.php?title=Anchor_tenant&action=edit&section=1" title="Edit section: Origins" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet "> <span class="minerva-icon minerva-icon--edit"></span> <span>edit</span> </a> </span> </div><section class="mf-section-1 collapsible-block" id="mf-section-1"> <p>When the planned shopping centre format was developed by <a href="/wiki/Victor_Gruen" title="Victor Gruen">Victor Gruen</a> 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. </p><p>Early on, <a href="/wiki/Grocery_store" title="Grocery store">grocery stores</a> were a common type of anchor store, since they are visited often. However, research on <a href="/wiki/Consumer_behaviour" title="Consumer behaviour">consumer behavior</a> revealed that most trips to the grocery store did not result in visits to surrounding shops <sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (October 2021)">citation needed</span></a></i>]</sup>. Large <a href="/wiki/Supermarket" title="Supermarket">supermarkets</a> remain common anchor stores within <a href="/wiki/Power_center_(retail)" title="Power center (retail)">power centers</a> however. </p><p>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 a captive clientele. </p><p>The challenges faced by the traditional large department stores have led to a resurgence in the use of supermarkets,<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> even <a href="/wiki/Health_club" title="Health club">gyms</a>,<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> as anchors. </p> </section><div class="mw-heading mw-heading2 section-heading" onclick="mfTempOpenSection(2)"><span class="indicator mf-icon mf-icon-expand mf-icon--small"></span><h2 id="Classification">Classification</h2><span class="mw-editsection"> <a role="button" href="/w/index.php?title=Anchor_tenant&action=edit&section=2" title="Edit section: Classification" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet "> <span class="minerva-icon minerva-icon--edit"></span> <span>edit</span> </a> </span> </div><section class="mf-section-2 collapsible-block" id="mf-section-2"> <p>The <a href="/wiki/International_Council_of_Shopping_Centers" title="International Council of Shopping Centers">International Council of Shopping Centers</a> makes the presence of anchors one of the main defining characteristics of the two largest categories of centres, the <i>regional center</i> with 400,000 to 800,000 square feet (74,000 m<sup>2</sup>) in <a href="/wiki/Gross_leasable_area" class="mw-redirect" title="Gross leasable area">gross leasable area</a>, and the <i>superregional center</i> with more than 800,000 square feet (74,000 m<sup>2</sup>) of space. </p><p>The <i>regional center</i> typically has two or more anchors, while the superregional typically has three or more. </p><p>In each case, the anchors account for 50–70% of the centre's leasable space.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p> </section><div class="mw-heading mw-heading2 section-heading" onclick="mfTempOpenSection(3)"><span class="indicator mf-icon mf-icon-expand mf-icon--small"></span><h2 id="Culture">Culture</h2><span class="mw-editsection"> <a role="button" href="/w/index.php?title=Anchor_tenant&action=edit&section=3" title="Edit section: Culture" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet "> <span class="minerva-icon minerva-icon--edit"></span> <span>edit</span> </a> </span> </div><section class="mf-section-3 collapsible-block" id="mf-section-3"> <p>Shopping centres with anchor stores have consistently outperformed those without one, as the anchor helps draw shoppers initially attracted to the anchor to shop at other shops in the mall.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> Thus, a mall which loses its last anchor is often considered to be a <a href="/wiki/Dead_mall" title="Dead mall">dead mall</a>. </p> </section><div class="mw-heading mw-heading2 section-heading" onclick="mfTempOpenSection(4)"><span class="indicator mf-icon mf-icon-expand mf-icon--small"></span><h2 id="See_also">See also</h2><span class="mw-editsection"> <a role="button" href="/w/index.php?title=Anchor_tenant&action=edit&section=4" title="Edit section: See also" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet "> <span class="minerva-icon minerva-icon--edit"></span> <span>edit</span> </a> </span> </div><section class="mf-section-4 collapsible-block" id="mf-section-4"> <ul><li><a href="/wiki/Retail" title="Retail">Retail</a></li> <li><a href="/wiki/Shopping_centre" class="mw-redirect" title="Shopping centre">Shopping centre</a></li> <li><a href="/wiki/Supermarket" title="Supermarket">Supermarket</a></li></ul> </section><div class="mw-heading mw-heading2 section-heading" onclick="mfTempOpenSection(5)"><span class="indicator mf-icon mf-icon-expand mf-icon--small"></span><h2 id="References">References</h2><span class="mw-editsection"> <a role="button" href="/w/index.php?title=Anchor_tenant&action=edit&section=5" title="Edit section: References" class="cdx-button cdx-button--size-large cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--icon-only cdx-button--weight-quiet "> <span class="minerva-icon minerva-icon--edit"></span> <span>edit</span> </a> </span> </div><section class="mf-section-5 collapsible-block" id="mf-section-5"> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation encyclopaedia cs1"><a rel="nofollow" class="external text" href="https://www.crepedia.com/dictionary/definitions/anchor-tenant/">"Anchor Tenant"</a>. <i>Commercial Real Estate Dictionary</i>. CREpedia. 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=Anchor+Tenant&rft.btitle=Commercial+Real+Estate+Dictionary&rft.pub=CREpedia&rft.date=2021&rft_id=https%3A%2F%2Fwww.crepedia.com%2Fdictionary%2Fdefinitions%2Fanchor-tenant%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAnchor+tenant" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKroll1999" class="citation web cs1">Kroll, Karen M. (February 1999). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20090923212001/http://www.icsc.org/srch/sct/sct9902/02.php">"Industry turns to supermarket anchors to fill big boxes"</a>. <i>Shopping Centers Today</i>. Archived from <a rel="nofollow" class="external text" href="http://www.icsc.org/srch/sct/sct9902/02.php">the original</a> on 23 September 2009<span class="reference-accessdate">. Retrieved <span class="nowrap">9 May</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Shopping+Centers+Today&rft.atitle=Industry+turns+to+supermarket+anchors+to+fill+big+boxes&rft.date=1999-02&rft.aulast=Kroll&rft.aufirst=Karen+M.&rft_id=http%3A%2F%2Fwww.icsc.org%2Fsrch%2Fsct%2Fsct9902%2F02.php&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAnchor+tenant" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRachel_Bachman2017" class="citation news cs1">Rachel Bachman (2017-11-27). <a rel="nofollow" class="external text" href="https://www.wsj.com/articles/malls-never-wanted-gyms-now-they-court-them-1511697600?lipi=urn%3Ali%3Apage%3Ad_flagship3_search_srp_content%3B3h8GOOyuRjCeKbrdxa4IPw%3D%3D">"Malls Never Wanted Gyms. Now They Court Them"</a>. Wall Street Journal.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Malls+Never+Wanted+Gyms.+Now+They+Court+Them&rft.date=2017-11-27&rft.au=Rachel+Bachman&rft_id=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fmalls-never-wanted-gyms-now-they-court-them-1511697600%3Flipi%3Durn%253Ali%253Apage%253Ad_flagship3_search_srp_content%253B3h8GOOyuRjCeKbrdxa4IPw%253D%253D&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAnchor+tenant" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.icsc.org/srch/lib/SCDefinitions99.pdf">"ICSC Shopping Center Definitions: Basic Configurations and Types for the United States"</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20070621081346/http://www.icsc.org/srch/lib/SCDefinitions99.pdf">Archived</a> 2007-06-21 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, <a href="/wiki/International_Council_of_Shopping_Centers" title="International Council of Shopping Centers">International Council of Shopping Centers</a>. Accessed July 10, 2008.</span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text">Stoffel, Jennifer. <a rel="nofollow" class="external text" href="https://www.nytimes.com/1988/08/07/business/what-s-new-in-shopping-malls-putting-a-bloomingdale-s-in-towns-big-and-small.html">"WHAT'S NEW IN SHOPPING MALLS; Putting a Bloomingdale's in Towns Big and Small"</a>, <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i>, August 7, 1988. Accessed July 10, 2008. "Even as department stores have lost ground to smaller specialty shops, shopping centers with national retailers as anchors continue to outperform those that have only local tenants.... The anchor store has substantial influence - mall plans have been held up until an anchor is firmly in place, and a successful anchor can inspire new development or continued expansion."</span> </li> </ol></div></div>    </section></div> <noscript><img src="https://login.m.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1&mobile=1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Anchor_tenant&oldid=1257032165">https://en.wikipedia.org/w/index.php?title=Anchor_tenant&oldid=1257032165</a>"</div></div> </div> <div class="post-content" id="page-secondary-actions"> </div> </main> <footer class="mw-footer minerva-footer" role="contentinfo"> <a class="last-modified-bar" href="/w/index.php?title=Anchor_tenant&action=history"> <div class="post-content last-modified-bar__content"> <span class="minerva-icon minerva-icon-size-medium 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