GEOG 2230 Lecture Notes - Lecture 8: Railways Act 1921, Escalator, Walter Christaller
15 Jan 2018
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Document Summary
Is the sale of commodities to the final consumer, not for resale, but for use and consumption by the purchaser. Implies a first-hand transaction with the customer at a single point of purchase: at the end of the supply chain. Globalization of retailing: retail expansion has shifted from leading economies (n. america, w. europe, Japan) to emerging economies (south and central american, east asia, Characteristics of retail globalization: the speed of international expansion, the unprecedented scale, can take on place-specific characteristics to meet the needs/demands of the. Impacts foreign ownership of retail in domestic markets local market. Open air shopping centers (plazas: decentralization movement of retail from inner urban to suburban areas. Enclosed shopping malls: stores are in one building, at this time, start to see key retailers like sears or jc penny moved from inner city into larger department stores in the suburbs.
