Matching Pairs Retail Key TermsOnline version Match the term to the definition as it relates to retail by Tiffany Kelly 1 shopping mall 2 add-on charge 3 4 shopping center 5 6 trade area 7 business district 8 9 competitive environment 10 target market 11 12 free-standing store The number of people who walk or drive past a retail store location during a specific time. A group of retail and other commercial establishments that is owned and managed as a single property, typically with on-site parking. A strip mall is a neighborhood space composed of a row of stores or service outlets that are managed by a coherent retail entity. The geographic surroundings, which provide the majority of a business’s customers. 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. 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. 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. The people who are most likely to purchase clothing from the fashion boutique. An enclosed space with inward-facing stores, a connected walkway, and parking around the outside perimeter. 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. Mixed use development is a real estate project with planned integration of some combination of retail, office, residential, hotel, recreation, or other functions.
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