MAR3231 Chapter 7 - Retail Locations
Exam | Questions with 100% Correct
Answers | Verified | Latest Update
2026/2027 | University of Florida
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Terms in this set (53)
trade area (def'n) the geographic area that encompasses
most of the customers who would
patronize a specific retail site
TERM DEFINITION LOCATION
freestanding sites (def'n) locations for individual and
isolated stores unconnected
to other retailers
(may be strategic decision,
ex: Walgreens wants drive
thru)
outparcel (def'n) Freestanding sites located on shopping
center premises.
, What are the three general 1) Central Business District (CBD)
areas of City Locations? 2) Main Street
3) Inner City
central business district (CBD) the traditional downtown business area in
(def'n) a city or town
main street (def'n) the traditional shopping area in smaller
towns or a secondary business district in
a suburb or within a larger city
seeks to pull people in from suburbs
similar to CBD, but generally have lower
occupancy costs and less
entertainment/recreation along with
lower draw of people
inner city (def'n) high density urban area with high
unemployment and low median incomes
than the surrounding metropolitan area
(believed to be riskier by many retailers,
but can show higher returns)
Exam | Questions with 100% Correct
Answers | Verified | Latest Update
2026/2027 | University of Florida
Save
Terms in this set (53)
trade area (def'n) the geographic area that encompasses
most of the customers who would
patronize a specific retail site
TERM DEFINITION LOCATION
freestanding sites (def'n) locations for individual and
isolated stores unconnected
to other retailers
(may be strategic decision,
ex: Walgreens wants drive
thru)
outparcel (def'n) Freestanding sites located on shopping
center premises.
, What are the three general 1) Central Business District (CBD)
areas of City Locations? 2) Main Street
3) Inner City
central business district (CBD) the traditional downtown business area in
(def'n) a city or town
main street (def'n) the traditional shopping area in smaller
towns or a secondary business district in
a suburb or within a larger city
seeks to pull people in from suburbs
similar to CBD, but generally have lower
occupancy costs and less
entertainment/recreation along with
lower draw of people
inner city (def'n) high density urban area with high
unemployment and low median incomes
than the surrounding metropolitan area
(believed to be riskier by many retailers,
but can show higher returns)
