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This paper models the emergence of retail clusters on a supply chain network comprised of suppliers, retailers, and consumers. Firstly, an agent-based model is proposed to investigate retail location distribution in a market of two complementary goods. The methodology controls for supplier...
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Majority of brick-and-mortar retailers in India assume that; (a) stores in locations where there is higher consumer walk-ins/traffic generate higher revenue and profit, (b) consumers spend is higher in premium locations, (c) it is easier to attract consumers if the store is located in malls, (d)...
Persistent link: https://www.econbiz.de/10012832924
We consider the location problem for retail service facilities, consumer-facing storefronts that provide a service and compete with other retailers to some degree or the other. Location is one of the most important strategic decisions for a retail firm. It is a risky and often an irrevocable...
Persistent link: https://www.econbiz.de/10012836100
This paper examines the importance of geographical differentiation in store location decisions of firms in the retail discount industry. Using a novel data set that includes the store locations and accompanying market conditions for all stores belonging to the Wal-Mart, Kmart, and Target chains,...
Persistent link: https://www.econbiz.de/10012726420
measuring slightly over 9.5 miles. We further find that capacity constraints can cost complexes upwards of $193 per apartment …
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preferred products only at the lower cost, while the more preferred products will be searched even at higher search costs. This …
Persistent link: https://www.econbiz.de/10012897420
There is a substantial theoretical literature on the location of retail facilities in space assuming that the spatial demand curve is known, or that the ideal data needed to estimate such a curve is available. This study shows how to implement a formal location analysis for a retail activity...
Persistent link: https://www.econbiz.de/10013017562