The Mercat Shopping Centre is located in Kirkcaldy, the largest town in Fife, Scotland, United Kingdom. The Mercat has three anchor stores; Marks and Spencer, Bhs and TK Maxx. The Mercat - including surrounding areas - accounts for at least 30% of all the floorspace in Kirkcaldy town centre, which in total is 46,000-square-metre (500,000 sq ft) and providing as much as 200 shops, making Kirkcaldy the largest shopping area in Fife. The shopping centre was built in two phases between 1972 and 1981-83 with a refurbishment completed in 1997. A proposal to extend the shopping centre for a third phase is pending.