Beruflich Dokumente
Kultur Dokumente
Retail Locations
Irwin/McGraw-Hill
Levy/Weitz: Retailing Management, 4/e Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
PPT 8-2
Shopping Centers
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-3a
Shopping Center Definitions
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-3b
Shopping Center Definitions
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-3c
Shopping Center Definitions
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-5a
Relative Advantages
of Major Retail Locations
Location CBD Neighborhood Strip Shopping Free
Issues CBD Center Mall Standing
Large size + - - + -
draws people
to area
People + + + - -
working/living
in area
provided source
of customers
Source of ? - - + -
entertainment/
recreation
Protection - - - + -
against weather
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-5b
Relative Advantages
of Major Retail Locations
Location CBD Neighborhood Strip Shopping Free
Issues CBD Center Mall Standing
Security - - - + -
Long, uniform - - + + +
hours of
operation
Planned - - - + -
shopping
area/balanced
tenant mix
Parking - - + ? +
Occupancy ? + + - +
costs
(e.g. rent)
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-5c
Relative Advantages
of Major Retail Locations
Location CBD Neighborhood Strip Shopping Free
Issues CBD Center Mall Standing
Pedestrian + + - + -
traffic
Landlord + + + - +
control
Strong + + + - +
competition
Tax ? ? ? ? ?
incentives
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-8
Fixed Rate Leases
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-11
Exclusive Use Clause
Escape clause
• Allows the retailer to terminate its lease if sales don’t reach a
certain level after a specified number of years, or if a specific
co-tenant in the center terminates its lease.
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-12
Environmental Issues
Retailers’ Protection
• Stipulate in the lease that the lessor is responsible for
removal and disposal of this material if it’s found.
• Retailer can buy insurance that specifically protects it
from these risks.
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e
PPT 8-13
Other Legal Issues
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved.
Levy/Weitz: Retailing Management, 4/e