Title: Retail and Urban Space
1Retail and Urban Space
2Outline
- Retailing in Urban Areas
- Types
- Changing Structure
- Decentralization
- New Technologies and Retailing
3Retailing In Urban Areas
- UK
- 350,000 retail outlets, plus 200,000 other
related services - 800 million ft2 in Britain
- 2 million workers, 25 of GDP
- USA
- 20 of employment
- 1.5 trillion in sales
- 1.5 million establishments
4Types of retail areas
- Nucleated centers (e.g. CBD)
- Ribbon development (transportation corridors)
- Specialized function areas
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7Changing Structure
- Influenced by market forces and planning
- Demand side changes
- Residential location
- Consumer attitudes and expectations
- Female employment
- Purchasing power
- Increased mobility
8Changing Structure
- Supply side changes
- Concentration
- New Technology
- Growth in Suburban Shopping Centers
- 1950sconsequent development
- 1960ssimultaneous development
- 1970scatalytic development
- 1980sentertainment development
- www.mallofamerica.com
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12Decentralization and CBDs
- Decline of CBD
- Countervailing tendencies
- Office concentration
- Entertainment districts
- Conventions
- Gentrification, etc.
- More specialized, tourist shops
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14UK Trends
- Less suburban development
- Increasing now, due to development pressures and
urban congestion
15New Technologies and Retailing
- Tele-shopping?
- Managing flow of goods
161998 and Projected 2003 On-line Retail Sales
(billion)
Source Forrester Research, cited by FINOVA
Quarterly, U. of Arizona http//www.bpa.arizona.e
du/midsizebusiness/quarterly3-2/salesgraph.html
172003 Projected On-line Sales, Selected Categories
(Billion)
Source Forrester Research, cited by FINOVA
Quarterly, U. of Arizona http//www.bpa.arizona.e
du/midsizebusiness/quarterly3-2/salesgraph.html
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23Take-home messages
- Retail activity is important component of urban
land-use - Shifts over time have led to retail
suburbanization, but also retail underpinning
inner city revitalization efforts - Links between retail and entertainment/tourism is
not critically important - As a result, despite new remote shopping
technologies, importance of retail activity not
likely to decrease