Retail and Leisure

Description

Mind Map on Retail and Leisure, created by Meghna Ranjit Nair on 26/10/2022.
Meghna Ranjit Nair
Mind Map by Meghna Ranjit Nair, updated more than 1 year ago
Meghna Ranjit Nair
Created by Meghna Ranjit Nair about 2 years ago
2
0

Resource summary

Retail and Leisure
  1. Definitions
    1. Catchment Area- The area of a shop from which it gets its customers
      1. Convenience goods- Low cost items that consumers buy frequently eg milk and bread
        1. Comparison goods- More expensive items that consumers buy less frequently eg clothes and TV
          1. Range- The distance that a consumer is willing to travel to buy a product. Convenience goods have a shorter range than comparison goods
            1. Threshold- The minimum population needed to create a demand for an item or service. It depends on the value of the product
              1. High street- The location of all major retail activities such as shops and malls
                1. Out-of-town shopping- A retail park located in the suburbs of a city
                  1. Internet shopping- When the internet and tech devices are used for ordering products
                    1. Honeypot site- A popular visitor attraction or area where large numbers of people visit. It is a natural area
    2. Changing retail patterns
      1. How has it changed?
        1. More people shop online
          1. We spend more on luxury goods
            1. We do all our shopping in one supermarket rather than different stores
              1. We can access international goods
        2. Factors affecting retail change
          1. Increased mobility- Higher car ownership means we can travel further and faster
            1. Changing shopping habits- People shop less frequently but buy more due to more working women
              1. Changing attitudes- Shopping is seen as more for leisure
                1. Changing nature of retailing- There are only few large supermarket chains that dominate the market
                  1. Rise of internet shopping- People buy more products online and have more supermarket deliveries
        3. Out of Town Retail Centres- The Trafford Centre case study
          1. Characteristics
            1. Over 11,500 free parking spaces
              1. It has over 280 shops
                1. It has 36 restaurants
                  1. Good access to M1
            2. Impacts
              1. Pros
                1. Creates more services and jobs for the locals- 8000 people are employed here
                  1. Causes more investment in the CBD, leading to pedestrianisation
                    1. Takes stress away from transport in the CBD
                      1. Convenient for local shoppers
                2. Cons
                  1. Causes the closure of high street shops so unemployment increases- cycle of deprivation
                    1. 37% of shops in Altrincham are vacant
                      1. More air and noise pollution in the motorway due to more visitors
                        1. Can cause local businesses to close down due to more competition
              2. High street decline and regeneration of CBDs
                1. Reasons for decline
                  1. Rise in online shopping
                    1. Attraction of out-of-town retail centres
                      1. Rise in crime rates
                        1. Very high rent for shops and residents, causing people to move away
                  2. Impacts of decline
                    1. More shops close ao lower footfall and less profits fro shops
                      1. Derelict buildings may be vandalised so customers feel less safe and shop elsewhere
                        1. Less jobs creates social decline
                    2. Sheffield Case Study
                      1. Problems
                        1. The out-of-town Meadowhall retail centre caused several shops to close down in the CBD which attracted many vandals
                        2. Solutions
                          1. 100 new shops with a covered roof were built
                            1. 200 modern, safe residential areas were created
                              1. A John Lewis flagmark store was established to improve the marketing reputation
                                1. Improved parking spaces and transport system
                                  1. The Retail Quarters has a covered shopping centre
                          2. Other regeneration methods
                            1. Pedestrianised zones
                              1. Having special market days such as a Christmas market
                                1. Improve security via CCTV
                                  1. More green space
                        3. Online Shopping
                          1. How tech is changing retail
                            1. Reduces the footfall in shops as fewer people are physically shopping
                              1. Increases online shopping
                                1. More delivered goods
                                  1. Smaller shops in the CBD have closed down
                                    1. Increased transport efficiency contributes to globalisation due to world shipping
                                      1. People who sell their goods online don't have to pay for rent or electricity
                                        1. Online shopping is more convenient as people in rural areas can easily access goods across the world
                            2. Impacts of Amazon
                              1. Positives
                                1. Creates lots of jobs- 55,000 people in the UK work for Amazon
                                  1. Customers can buy a large range of products at a cheaper price
                                    1. 3rd party sellers can sell their goods on Amazon, helping businesses
                                2. Negatives
                                  1. They put other smaller businesses selling goods at a higher price out of customers
                                    1. Independent sellers only get 35% of the profit of their goods
                                      1. More deliveries increases air pollution
                              2. Case Study- 2015 Rugby World Cup
                                1. Impacts
                                  1. Positives
                                    1. Small businesses will benefit financially from an increase in customers
                                      1. 16,000 people were directly employed due to tournament
                                        1. Cardiff gained £316 million from visitors
                                          1. The popularity of Cardiff increased, drawing in more businesses to the tourism industry
                                            1. Hotels gained profits
                                              1. All this creates a positive multiplier effect
                                    2. Negatives
                                      1. Increased litter by large crowds
                                        1. Increased congestion in CBD due to more transport used- reduces safety for pedestrians
                                          1. More crowds=more noise pollution=disturbs locals
                                            1. More transport for tourists for planes and cars increased CO2 emissions, contributing to global warming
                                              1. Increased crime rates and more crowds attracts burglars so less safety for residents and tourists
                                    3. Legacy
                                      1. More investment in sporting facilities so more people do sports so there is better health and fitness
                                        1. This improves Cardiff's reputation as a sporting city and attracts more visitors, improving the economy
                                          1. Tourists were encouraged to also visit other parts of Wales so rural and urban areas benefit from tourism
                                            1. All this makes the economy and health of the future generations more sustainable
                                    4. Case Study- The Lake District
                                      1. Background
                                        1. It is a honeypot site as it has boating on Lake Windermere, camping sites etc
                                          1. It is a National Park- areas of protected natural beauty
                                            1. 33% of its economy is contributed by tourism
                                              1. It has the highest peaks in England as well as the deepest lakes
                                        2. Impacts
                                          1. Positive
                                            1. Provides local people with job opportunities
                                              1. Tourists spend money
                                            2. Negatives
                                              1. Footpath erosion- When planst are trampled upon, stones are exposed so are more prone to erosion- 87% of tourist use footpaths
                                                1. Tourists drop litter
                                                  1. Congestion is a problem as it causes air and noise pollution. Boat riding alos causes air pollution
                                                    1. Animals are disturbed
                                                      1. Many second homes leads to a housing shortage and can cause local areas to lose their distinct characteristics
                                            3. Solutions to problems
                                              1. Improved public transport
                                                1. Traffic restrictions
                                                  1. Ban on second homes
                                                    1. The Fix the Fells Scheme aims at raising money to fix 145 seriously eroded footpaths
                                                      1. Educational schemes where the NPA (National Park Authority) edcucates people on the issues and what to do to prevent it
                                                2. It is diffiuclt to enforce many laws as a lot of the land is privately owned and peole want money rather than protecting the environment
                                              Show full summary Hide full summary

                                              Similar

                                              OCR AS Biology - Lipids
                                              Chris Osmundse
                                              Databases
                                              Dean Whittle
                                              HISTOGRAMS
                                              Elliot O'Leary
                                              Biological Definitions
                                              Yamminnnn
                                              GCSE AQA Biology 2 Cells & Diffusion
                                              Lilac Potato
                                              AQA Biology B2 Unit 2.1 - Cells Tissues and Organs
                                              BeccaElaine
                                              An Inspector Calls - Quotes
                                              jaynejuby
                                              Frankenstein - Mary Shelley
                                              Johnny Hammer
                                              regular preterite tense conjugation -ar verbs
                                              Pamela Dentler
                                              The Skeleton and Muscles
                                              james liew