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Published byKameron Cull Modified over 9 years ago
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Chapter 10
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To Examine Types of Locations To Note Location Decisions To Describe One-Hundred Percent Location To Discuss Criteria for Retail Location Evaluation To Contrast Alternative Terms of Occupancy
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Isolated Store Unplanned Business District Planned Shopping Center
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No Competition Low Rental Costs Flexibility Visibility Facility Adaptation Parking Cost Reductions, Lower Prices
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Difficulty Attracting Customers Customers Not Willing to Travel Customers Like Variety in Shopping High Advertising Costs Operating Costs Not Shared Restrictions Building Ownership
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Central Business District (CBD) Secondary Business District (SBD) Neighborhood Business District (NBD) String
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Assortment Public Transportation Store Types in Area Price Ranges Variety of Customer Services Pedestrian Traffic Commercial and Social Facilities
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Parking Congestion Travel Time Aging Facilities Condition of District Poor Image Rent Migration to Suburbs Discontinuity of Offerings
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Regional Shopping Center –Megamall Community Shopping Center –Power Center Neighborhood Shopping Center
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Balanced Tenancy Suburban Population One-Stop Shopping Common Areas Image Pedestrian Traffic Parking and Traffic Rent and Taxes Theft Rates
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Regulations Rent Restrictions Competitive Environment Fees Number of Malls Consumer Boredom Aging Facilities Major Retailer Domination
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Renovation and Expansion Consumer Interest and Enthusiasm –Megamalls –Power Centers Broaden Retail Mix Opening Up Malls Build Brand Loyalty Frequent Shopper Programs
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Parking Facilities Pedestrian Traffic Transportation Store Composition Vehicular Traffic Specific Site
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Ownership –Sale-Leaseback Lease –Straight –Percentage –Graduated –Net
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Zoning Considerations Voluntary Considerations
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Types of Locations –Isolated Store –Unplanned Business District –Planned Shopping Center Decisions Necessary in Choosing a General Retail Location The Concept of One-Hundred Percent Location The Criteria for Evaluating Locations Alternate Terms of Occupancy
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