Retailing Management

Business

Quiz 7 :
Retail Locations

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Quiz 7 :
Retail Locations

True A trade area is the geographic area encompassing most of the customers who would patronize a specific retail site.

True Gross leasable area (GLA) is the real estate industry's term for the total floor area designed for the retailer's occupancy and exclusive use, including any basements, mezzanines, or upper floors.

False The central business district is the traditional downtown financial and business area in a city or town.