IN THE LATE 1980s, few consumers knew about specialty retail kiosks and carts. These
unorthodox retailers were just starting to make their way
into shopping centers. Now, 25-plus years later, it’s almost
impossible to walk through a mall without coming across
a cart or kiosk selling cell phone cases, sunglasses, seasonal
trinkets and much more.
Today, specialty retail is an $8 billion dollar industry
that has made a major impact on shopping centers across
the country. Located in common areas of large malls and
centers, carts and kiosks offer local entrepreneurs and national retailers an opportunity to showcase and sell their
products in prime, high-traffic locations at a fraction of the
cost of a an inline store.
“[Kiosks] are incubators for many small businesses,”
said Chuck Breidenbach, Managing Director of Mountain
Development Corp. (MDC) Retail Properties Group, a real
estate firm that offers management, leasing, promotion,
finance and repositioning services to enclosed shopping
centers throughout the U.S.