Question

Explain the factors which play significant role in the choice of the store location. How can you evaluate the factors for the store location.

07 Jan 2021
Answer :
Word Count : 576

Site analysis is an integral part in determining the sales potential that generates the major traffic flow for a retail store. With the emergence of various retail formats and product categories, presents a wide choice of locations. Further, the mushrooming of planned shopping centers and malls present an enormous challenge before a retailer. Though a retailer tries his level best to select the site to locate a store, these factors must be considered while selecting a particular site.

The major among them are:

1. Connectivity and ease of traffic flow:

These are the two important issues that a retailer must consider while selecting a site. There may be good merchandising, good customer service, and good interiors but if the man who has to visit cannot reach the store easily, will not be a good preposition. The store sites you have short listed should be _______ ________ ______ ____ ____ ____ ____ ____.
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