Lake Wales offers shopping and dining in a friendly, down-home atmosphere and a variety of settings. Shopping ranges from modern super stores to small specialty shops. Lake Wales is home to the Eagle Ridge Mall, located on Highway 27 and Chalet Suzanne Road, just north of Lake Wales.This regional shopping center contains three major department stores, including Sears, J.C. Penny and Dillards, and approximately 880,000 square feet of additional retail space. Several shopping plazas both east and west of the city are located on State Road 60. Major department stores, banks, shops, grocery stores, restaurants, service stations, drug stores, furniture and interior design services, building supply centers, antique shops, and professional service businesses are here.

The downtown area features smaller shops and businesses in a historic setting. This quaint collection of specialty shops emphasizes highest quality and attentive personal service. With a charming atmosphere all its own, this Main Street District is ready to satisfy the most discriminating of tastes in a wide variety of areas. It's also the place for a leisurely stroll while enjoying the 1920s architecture.

Diners have a wide choice of eateries in Lake Wales. Whatever the preference – seafood from the lake or the sea, casual family dining, an elegant dinner, a special wine-tasting or dinner theatre – the best dining is found in Lake Wales. Food choices include fast food restaurants, fine dining, American, Italian, Chinese, Southern and Cuban. Hungry locals and visitors alike can enjoy quality food at area establishments. Many restaurants offer specials and senior citizen discounts. Some have facilities for large groups or parties and provide special menus for either sit-down or buffet-style meals. Excellent catering services are also available.