How do retailers determine the trade area for a store

Assignment Help Corporate Finance

Reference no: EM131512114

Question: 1. Which factors do retailers consider when evaluating an area of the country to locate stores? How do retailers determine the trade area for a store?

2. True Value Hardware plans to open a new store. Two sites are available, both in middle-income neighborhood centers. One neighborhood is 20 years old and has been well maintained. The other was recently built in a newly planned community. Which site is preferable for True Value? Why?

Reference no: EM131512114

Questions Cloud

Write a formal analysis : Formal analysis is to craft analytical language to account for the ways that an artistic object operates intelligibly through the material form.

What are the strengths of each location : Pick your favorite store. Describe the advantages and disadvantages of its current location, given its target market.

What are benefit and problems associated with gentrification : As a consultant to 7-Eleven convenience stores, American Eagle Outfitters, and Porsche of America, what would you say is the single most important factor.

Discuss the components of the gentrification project : Why would a Payless ShoeSource store locate in a neighborhood shopping center instead of a regional shopping mall?

How do retailers determine the trade area for a store : Which factors do retailers consider when evaluating an area of the country to locate stores? How do retailers determine the trade area for a store?

Discuss the trade areas : Trade areas are often described as concentric circles emanating from the store or shopping center. Why is this practice used? Suggest an alternative method.

Discuss about various aspects of world history : You have had you look at several online exhibits from museums and libraries, to learn about various aspects of World History.

What retail locations are best for department stores : Retailers have a choice of locating on a mall's main floor or second or third level. Typically, the main floor offers the best, but most expensive, locations.

What would want to know about location in terms of traffic : If you were considering the ownership of a Taco Bell franchise, what would you want to know about the location in terms of traffic, population, income.

User Account

All Pages