ADescribe Why Retailers Often Seek Out a String Location

question 45

Essay

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.

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Definitions:

Panic Disorder

Anxiety disorder in which the individual experiences recurrent, sudden onsets of intense apprehension or terror, often without warning and with no specific cause.

Major Depressive Disorder

A mental disorder characterized by at least two weeks of persistent sadness, loss of interest in activities, and other emotional and physical symptoms.

Serotonin-norepinephrine Reuptake Inhibitor

A type of medication that increases the levels of serotonin and norepinephrine in the brain by inhibiting their reuptake, commonly used to treat depression and anxiety disorders.

Norepinephrine

A neurotransmitter involved in arousal and the fight-or-flight response among other functions.