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Store location affect long-term profit

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Reference no: EM131448146

Write a 525- to 700-word paper on key information you learned from the Retail Location Activity that answers the following questions:

  • What should retailers evaluate when considering store locations (e.g. traffic flow and accessibility)?
  • How might a store's location affect long-term profit (e.g. economic conditions)?
  • What informational sources should be taken into consideration when determining potential retail sites (e.g. demographics data from the U.S. Census Bureau)?
  • What competitive advantages are gained through the strategic placement of a retail organization?
  • Think about the retail establishments within your area. What types of customers frequent these stores and why?
  • Do you believe that all of the audit statements and organizations matched correctly? If not, why not?

Reference no: EM131448146

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