Retailing Flashcards
1
Q
Fosse Park
A
- SW Leicester
- Junction of M1 and M69
- 2500 car parking spaces
- new expansion
- 21+ major outlets
2
Q
CBD
A
central business district found in the middle of urban areas
3
Q
Comparison goods
A
Goods that are bought less frequently eg cars
-Buyers will tend to compare different brands, shops e.t.c
4
Q
Convenience goods
A
Goods bought regularly eg food
5
Q
Threshold population
A
The minimum number of people required for a service to be offered
6
Q
Advantages of the retail in the CBD
A
- Central
- Good transport
- Large customer base with high footfall
- Everything in one area
- Pretty old buildings
7
Q
Disadvantages of retail in the CBD
A
- Finite amount of space
- Little room for parking
- Congestion because of small roads
- Higher rent
8
Q
Advantages of retail on Rural urban fringe
A
- Room to expand
- Cheaper land
- Less traffic
- Access for deliveries
9
Q
Disadvantages of retail on rural urban fringe
A
- Takes time to access from the inner city
- Urban sprawl
- Planning is hard to obtain
- Less public transport links
- More land needed for car parks
10
Q
Advantages to locals
A
- new roads and public transport links
- New facilities that can be used
- More jobs
- Increase in local trade
11
Q
Disadvantages to locals
A
- Increased congestion
- Air, noise and visual pollution
- Loss of greenfield sites
- Possible inflation
12
Q
Impacts on the CBD of out of town retailing
A
- Less customers
- Stores close
- More short term leases
- Vacant buildings
- Less investment in clean street furniture and public art e.t.c
- crime rates may increase especially at night
13
Q
Location of Merry hill
A
- Dudley
- Near Birmingham
- west midlands
14
Q
Features of Merry Hill
A
- Built 1984-89
- Two levels of covered mall
- 10 screen cinema
- 10 000 car parking spaces
- 148, 000m^2 let able area
- 185 shops
- 21 million customers annually
15
Q
Traffic links to merry hill
A
- Bus station, with direct connections to nearby towns
- Cradley heath railway station nearby
