(UR) Retail services Flashcards

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1
Q

convenience goods

A

less expensive items that customers buy regularly

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2
Q

comparison goods

A

more expensive items that customers buy less often

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3
Q

range

A

the distance that a consumer is willing to travel to purchase a particular product

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4
Q

threshold

A

the minimum number of customers needed by a shop

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5
Q

catchment

A

the area from which a shop gets its customers

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6
Q

changes to retail over time and why (4 things)

A
  • number of independent shops has declined, bigger shops offering cheaper products open more frequently
  • large supermarket chains increase as they attract a lot of people due to having a larger catchment area/are more convenient as they have more products in one place
  • online shops have increased as the internet developed
  • out of town centres increase as (public) transport/roads develop
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7
Q

how have CBDs tried to attract customers back? (8 things)

A

planting trees/flowers - makes the environment more attractive

cheaper parking - people can afford to visit more often

benches - provide a place to rest while shopping

market stalls - encourages local businesses

signs - so people can find places

pedestrianise areas - so people feel safer

public transport/bike racks - people can access the area easier

christmas events - people visit in less popular seasons

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