Matching Pairs Retail Key TermsOnline version Match the term to the definition as it relates to retail by Tiffany Kelly 1 shopping mall 2 free-standing store 3 target market 4 business district 5 competitive environment 6 add-on charge 7 8 9 10 trade area 11 12 shopping center A strip mall is a neighborhood space composed of a row of stores or service outlets that are managed by a coherent retail entity. 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 of people who walk or drive past a retail store location during a specific time. The people who are most likely to purchase clothing from the fashion boutique. 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. 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. 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. The number and types of businesses a company competes against and the proximity of these businesses. An enclosed space with inward-facing stores, a connected walkway, and parking around the outside perimeter. 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. A group of retail and other commercial establishments that is owned and managed as a single property, typically with on-site parking.
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