Question 1

Explain how retail balance is obtained in an unplanned business district versus a planned shopping center.

Accepted Answer

The answer of Explain how retail balance is obtained in...

Question 2

Describe the pros and cons of a location in a planned shopping center versus a shopping district location.

Accepted Answer

The answer of Describe the pros and cons of a...

Question 3

Prepare a checklist of lease clauses that should be considered by a retailer prior to purchasing a business.Discuss the importance of each clause.

Accepted Answer

The answer of Prepare a checklist of lease clauses that...

Question 4

a."Often,the retailers that are attracted to an isolated location are those that are least suitable for this location form." Explain this statement.
b.What trade-offs should a retailer evaluate in considering an isolated store location? Explain.

Accepted Answer

The answer of a."Often,the retailers that are attracted to an...

Question 5

a.Describe why retailers often seek out a string location.
b.Evaluate the suitability of a string versus a neighborhood business district location for a men's apparel retailer.Include the concepts of trading area,retail balance,and market share in your analysis.

Accepted Answer

The answer of a.Describe why retailers often seek out a...

Question 6

a.Develop a location and site evaluation for a McDonald's franchise.
b.Explain the location attributes listed and their relative importance.

Accepted Answer

The answer of a.Develop a location and site evaluation for...

Question 7

Factory outlets and off-price chains have increasingly located in "off-price malls." These malls are commonly owned and planned as a unit.Is an off-price mall a regional or a community shopping center? Explain your answer.

Accepted Answer

The answer of Factory outlets and off-price chains have increasingly...

Question 8

Prepare a list of five knockout factors that would disqualify an otherwise satisfactory retail location.Describe why each factor is important.

Accepted Answer

The answer of Prepare a list of five knockout factors...

Question 9

What factors need to be considered in the computation of pedestrian traffic counts for a children's clothing chain? ...vehicular traffic counts?

Accepted Answer

The answer of What factors need to be considered in...

Question 10

Under what conditions should a retailer consider ownership instead of leasing? ...leasing instead of ownership? ...a sale-leaseback?

Accepted Answer

The answer of Under what conditions should a retailer consider...

Question 11

Differentiate between a central business district and a regional shopping center.

Accepted Answer

The answer of Differentiate between a central business district and...

Question 12

What are the advantages and disadvantages to a retailer of the following types of leases?
a.straight lease
b.percentage lease
c.graduated lease
d.net lease

Accepted Answer

The answer of What are the advantages and disadvantages to...

Quiz 10: Site Selection

Explain how retail balance is obtained in an unplanned business district versus a planned shopping center.

Describe the pros and cons of a location in a planned shopping center versus a shopping district location.

Prepare a checklist of lease clauses that should be considered by a retailer prior to purchasing a business.Discuss the importance of each clause.

a."Often,the retailers that are attracted to an isolated location are those that are least suitable for this location form." Explain this statement. b.What trade-offs should a retailer evaluate in considering an isolated store location? Explain.

a.Describe why retailers often seek out a string location. b.Evaluate the suitability of a string versus a neighborhood business district location for a men's apparel retailer.Include the concepts of trading area,retail balance,and market share in your analysis.

a.Develop a location and site evaluation for a McDonald's franchise. b.Explain the location attributes listed and their relative importance.

Factory outlets and off-price chains have increasingly located in "off-price malls." These malls are commonly owned and planned as a unit.Is an off-price mall a regional or a community shopping center? Explain your answer.

Prepare a list of five knockout factors that would disqualify an otherwise satisfactory retail location.Describe why each factor is important.

What factors need to be considered in the computation of pedestrian traffic counts for a children's clothing chain? ...vehicular traffic counts?

Under what conditions should a retailer consider ownership instead of leasing? ...leasing instead of ownership? ...a sale-leaseback?

Differentiate between a central business district and a regional shopping center.

What are the advantages and disadvantages to a retailer of the following types of leases? a.straight lease b.percentage lease c.graduated lease d.net lease