Matching Pairs Retail Key TermsOnline version Match the term to the definition as it relates to retail by Tiffany Kelly 1 target market 2 free-standing store 3 4 add-on charge 5 shopping center 6 trade area 7 8 shopping mall 9 business district 10 11 competitive environment 12 A strip mall is a neighborhood space composed of a row of stores or service outlets that are managed by a coherent retail entity. A retail store that is located in a building not attached to other stores. It is a retail store on a street, as opposed to in a mall or strip center, and can be situated on a busy highway or in a quiet neighborhood location. A per-square-foot charge or percentage of a store's gross sales used for advertising and promotion costs for the shopping area and upkeep of the common areas, such as parking, sidewalks, sitting areas, and restrooms. An unenclosed shopping area that usually has a concentration of office and retail buildings that feature a variety of stores and does not include parking. An enclosed space with inward-facing stores, a connected walkway, and parking around the outside perimeter. The number of people who walk or drive past a retail store location during a specific time. The geographic surroundings, which provide the majority of a business’s customers. Online retailers are retailers who conduct retail operations strictly on the Internet, with no brick-and-mortar stores. Mixed use development is a real estate project with planned integration of some combination of retail, office, residential, hotel, recreation, or other functions. The number and types of businesses a company competes against and the proximity of these businesses. A group of retail and other commercial establishments that is owned and managed as a single property, typically with on-site parking. The people who are most likely to purchase clothing from the fashion boutique.
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