Location decision of a retailer and influencing factors

Jérôme Baray ()
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Jérôme Baray: ARGUMans - Laboratoire de recherche en gestion Le Mans Université - UM - Le Mans Université

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Abstract: Retail location decision-making is a nuanced process influenced by demographic, geographical, economic, and socio-cultural factors. It integrates analytical models and GIS technology to refine location choices, emphasizing the importance of aligning with market dynamics and legal constraints. The future of retail location strategy may evolve with trends like predictive analytics, AI, and sustainable practices, offering deeper insights for navigating the competitive retail landscape. This requires a proactive approach to challenges and legalities, ensuring sustainable growth and market presence.

Keywords: Retail Location Strategy; location decision; Competitive Analysis; Geographic Information Systems (GIS); retail (search for similar items in EconPapers)
Date: 2024-09-01
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Published in Elgar Encyclopedia of Services, Edward Elgar Publishing, 2024

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04621078

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