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Shopping Mall Math

Shopping Mall Math

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Shopping Mall Math

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  1. Shopping Mall Math Using percent and scale

  2. Make a list of stores found in a mall. • Group the stores into categories. • What types of stores are most prevalent? • What type of store is least prevalent

  3. Leasing at the mall • What is a lease? • Why are leases important to mall operators? • What types of stores would you want to lease the most space to?

  4. Leasing Recommendation • Women’s clothing: 25% • Men’s clothing: 10% • Food: 15% • Service (salons, etc.): 5% • Shoes: 10% • Jewelry: 3% • Family items: 7% • Gifts: 17% • Add those percents up. What do you get?

  5. Why not 100% • Shade the 10 x 10 grid to represent the amount of space allotted for each type of stores. • Homework: List the stores in the mall of your choice and place each store into one of the International Council’s categories. (You can find information on the mall’s website.) • These recommendation were made in 1985. Has the mall changed since then?

  6. Homework • How have malls changed since 1985 when the recommendations were made? • Place each mall store from your homework into a category • Women’s clothing: 25% • Men’s clothing: 10% • Food: 15% • Service (salons, etc.): 5% • Shoes: 10% • Jewelry: 3% • Family items: 7% • Gifts: 17%

  7. Where does it go? • A bank • A pharmacy? • A video store • What is the total number of stores at the mall? • How many stores were in each category? • What is the percent of each type of store listed? How would you find that?

  8. Shops at the Mall Activity Sheet • You will work with groups of three to complete the activity. • Note: You have one million square feet of leasable space. • Calculators are allowed.