DIFFERENT TYPES OF LOCATION SITES

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DIFFERENT TYPES OF LOCATION SITES von Mind Map: DIFFERENT TYPES OF LOCATION SITES

1. 5-A Strip Centre

1.1. It is a row of stores with pushing facilities in front of the 'store. It is also called a retail park. Mostly, they are developed on the outskirts of the city. These are not single-building properties like the malls. Retail Park has retail outlets of at least 10000 sq. feet.

2. 6-Unplanned Shopping Area

2.1. Here, retail outlets are situated near each other at a retail location. The development happens over a period of time and is not due to any planning

3. 7-The ownership is fragmented.

3.1. The majority of shopping areas in the city are unplanned. It gives a good variety to the customers. It is easily accessible. The customers can take a comparative view. There are problems of parking and congestion. The overheads are high

3.2. Retail stores located near one another at a centrally located place are said to be located in a Central Business District (CBD). CBD happens to be the main centre of trade and commerce in the city.

4. 1-The solitary site

4.1. It is a single free-standing store on a road or a street. It does not have for its company other stores; in a sense it is isolated. It is obvious that it faces no competition. Being isolated, it does not pay a high rent, and offers enough parking space. Since the operational costs are low, these lead to consumer savings

5. 2-A planned shopping centre

5.1. When a group of retail outlets co-exist near one another, and are planned, developed, and managed as a single property, we get a shopping centre. Its architecture is unified. Mostly it has complementary retail outlets. Each shopping centre has some key stores and smaller stores so as to have enough drawing power for the -diverse products.

6. 3-A business district or unplanned business district

7. 4-A Shopping Mall

7.1. A mall is a huge complex of stores admeasuring at least 100000 square feet. It is an enclosed building and is all weather-proof or temperature-controlled. It has open pedestrian walkways, the sides of which have shops in a line