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MKT 320 Ch. 7
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Terms in this set (4)
According to the authors of your textbook, the three basic types of retail locations are __________, __________, and __________.
planned; unplanned; nontraditional
Fayette Cigar Store is located at 137 East Main Street (between North Martin Luther King Boulevard and North Limestone) in Lexington, Kentucky. It adjoins the Fayette County District Court on one side and the Pam Miller Downtown Arts Center on the other.
Which of the following is the correct label for Fayette Cigar Store's location?
Central business district (CBD)
Many inner-city areas are going through a process of ________, which is the renewal and rebuilding of offices, housing, and retailers in deteriorating areas.
This practice has been criticized by some, because it often results in more affluent people moving into the area and lower-income residents having to leave because they cannot afford to stay.
gentrification
Regency Centre in Lexington, Kentucky is anchored by Kroger, Michael's, and T.J. Maxx. The shopping center, which has an L-shaped layout, also is also home to Five Below, Pet Supermarket, Sally's Beauty Supply, GNC, and IHOP.
The authors of your textbook would categorize Recency Centre as a(n) __________.
community shopping center
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