Anchor tenant

In North American, Australian and New Zealand retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain.^[1] 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.

Some examples of anchor stores in the United States are: Macy's, Sears, JCPenney, Nordstrom, Neiman Marcus, Saks Fifth Avenue, Dillard's, Kohl's, Walmart, and Target. And in Canada; Hudson's Bay, Sears (formerly), Target (formerly), Zellers (formerly, now in all Hudson’s Bay locations), Nordstrom/Nordstrom Rack (formerly), TJX Companies (HomeSense, Winners, Marshalls), Walmart, Saks Fifth Avenue, Sporting Life.