selection of an area or type of location within a city

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Selection of an Area or Type of Location within a City In the selection of a particular area or type of location within a city, evaluation of the following factors is required. Customer attractio n power of a shopping district or a particular store: Major  shopping centres like Chandni Chowk in Delhi, Colaba in Mumbai and Commercial Street in Bangalore attract customers from far off, while small shopping centres located in colonies attract customers from immediate neighborhood. Quantitative and qualitative nature of competitive stores: Retailers would like  to evaluate the product lines carried by other sores, number of stores in the area, etc. before selecting the area. Availability of access routes: The area or shopping centre should provide easy  access routes. There should not be traffic jams and congestion MG Road in Bangalore provides easy access from different t parts of the city and hence has become popular. Nature of zoning regulations: The retailer should also consider the zoning  regulations in the city. Direction of spread of the city: The retailer should consider the direction in  which the city is developing while selection the location. Selection of a Specific Site The choice of a specific site is particularly important. In central and secondary shopping centre, non-anchor sores depend on customers coming to the market and the traffic generated by anchor stores. The large stores in turn depend on attracting customers from the existing flow of traffic. Where sales depend on nearby settlements, selecting the trading area is even more important than picking the specific site. TYPES OF RETAIL LOCATION A retailer has to choose among alternate types of retail locations available. It may locate in an isolated place and pull the customer to the store on its own strength, such as a small grocery store or paan shop in a colony which attracts the customers staying close by. Or, it may locate in a business district where ther3 are a large number of retail establishments. If it decides to locate its store in a business district, it may have a choice ranging for, the large shopping centres in the heart of the city or smaller shopping complexes in a suburb. The various options available to a retailer in India are shown below: Free-standing Location

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8/7/2019 Selection of an Area or Type of Location within a City

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Selection of an Area or Type of Location within a CityIn the selection of a particular area or type of location within a city, evaluation of thefollowing factors is required.•

Customer attraction power of a shopping district or a particular store:Major  

shopping centres like Chandni Chowk in Delhi, Colaba in Mumbai and Commercial Street in Bangalore

attract customers from far off, while small shopping centres located in colonies attract customers from

immediate neighborhood.•

Quantitative and qualitative nature of competitive stores: Retailers would like 

to evaluate the product lines carried by other sores, number of stores in the area,etc. before selecting the area.•

Availability of access routes: The area or shopping centre should provide easy 

access routes. There should not be traffic jams and congestion MG Road in Bangalore provides easy

access from different t parts of the city and hence has become popular.•

Nature of zoning regulations: The retailer should also consider the zoning 

regulations in the city.•

Direction of spread of the city: The retailer should consider the direction in 

which the city is developing while selection the location.Selection of a Specific Site

The choice of a specific site is particularly important. In central and secondary shopping centre,

non-anchor sores depend on customers coming to the market and the traffic generated by anchor stores.

The large stores in turn depend on attracting customers from the existing flow of traffic. Where sales

depend on nearby settlements, selecting the trading area is even more important than picking the specific

site.

TYPES OF RETAIL LOCATION

A retailer has to choose among alternate types of retail locations available. It may locate in an isolated

place and pull the customer to the store on its own strength, such as a small grocery store or paan shop in

a colony which attracts the customers staying close by. Or, it may locate in a business district where ther3

are a large number of retail establishments. If it decides to locate its store in a business district, it may

have a choice ranging for, the large shopping centres in the heart of the city or smaller shopping

complexes in a suburb.

The various options available to a retailer in India are shown below:Free-standing Location

8/7/2019 Selection of an Area or Type of Location within a City

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Where there are no other retail outlets in the vicinity of the store and therefore, the store depends

on its own pulling power and promotion to attract customers. This type of location has several advantages

including no competition, low rent, and often better visibility from the road, easy parking and lower 

property costs.Neighborhood Stores

Neighborhood stores are located in residential neighborhoods and serve a small locality. They sell

convenience products like groceries. Now, even the large organized sector stores, which pull customers

from across the city, are also coming up in suburbs or away from major markets as free-standing

locations. For example, Kemp Fort and LifeStyle stores are free-standing stores in Bangalore away from

major market of the city.

Highway Stores

Highway stores are located along highways or at the intersections of two highwaysand attract customers passing through these highways.Business-associated Location

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