Difference between revisions of "Retail and commercial services"
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The retail and services industry is one of the largest private-sectors in terms of jobs and GDP, but the [[Economic impact|economic impact]] of the retail industry extends beyond the industry itself. First of all, retail and services require inputs from various other sectors such as real estate, finance, marketing, transportation, wholesale trade for its operations (the [[Secondary economic impact|secondary economic impact]]). Additionally, employees and owners will generate economic spin off as consumers of goods and services(the [[Induced effects|induced economic effects]]). |
The retail and services industry is one of the largest private-sectors in terms of jobs and GDP, but the [[Economic impact|economic impact]] of the retail industry extends beyond the industry itself. First of all, retail and services require inputs from various other sectors such as real estate, finance, marketing, transportation, wholesale trade for its operations (the [[Secondary economic impact|secondary economic impact]]). Additionally, employees and owners will generate economic spin off as consumers of goods and services(the [[Induced effects|induced economic effects]]). |
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| − | Retailers have to deal with a wide array of issues and problems in terms of |
+ | Retailers have to deal with a wide array of issues and problems in terms of [[Economic impact of security threats|security threats and their economic impact]]. In economic terms, shoplifting is widely considered to be one of the most serious of these threats. Moreover, retailers spent billions on loss prevention and these costs are steadily increasing worldwide. |
| − | Preventive measures such as surveillance, physical security, etc. reduce the costs of retail crime, but demand significant investments. Apart from the more traditional security measures, the ‘[[Designing out approach|designing out]]’ or '[[Sustainable design|sustainable design]]' approach in the earliest stages in the planning process can be in the long run an effective measure from an economic point of view to prevent security threats and reduce the economical damage<ref>In general, these measures demand larger investments than traditional security measures, but at the same time they are able to avoid future costs due to the long-term prevention of crime.</ref>. |
+ | Preventive measures such as surveillance, physical security, etc. reduce the costs of retail crime, but demand significant [[Economic effects of anti-crime security measures|investments]]. Apart from the more traditional security measures, the ‘[[Designing out approach|designing out]]’ or '[[Sustainable design|sustainable design]]' approach in the earliest stages in the planning process can be in the long run an effective measure from an economic point of view to prevent security threats and reduce the economical damage<ref>In general, these measures demand larger investments than traditional security measures, but at the same time they are able to avoid future costs due to the long-term prevention of crime.</ref>. |
=== Mobility === |
=== Mobility === |
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Revision as of 10:20, 14 January 2013
Contents
Retail and commercial services
Retail and commercial services are urban objects, designated for the purpose of housing economic activities that fulfil the role of goods and commercial service provision. Examples include shops, restaurants, credit unions, etc.
Description
Retail and commercial services activities are very important drivers of economic activity within urban areas. Retail services predominantly become clustered within a specific area, offering wide ranging services to consumers, and attracting significant footfall. Retail services which may be offered will range from the sale and supply of consumer goods and products, to the provision of social activities such as bars and restaurants. Retail and services activities will typically occur in one of three primary contexts:
| Retail type | Description | Icon |
|---|---|---|
| High street | Where the main commercial or retail activity occurs in a city or urban area (larger cities may have a high street for each district or quarter) |  |
| Shopping centres | Consist of a complex of shops, restaurants and other businesses in one or more connected buildings |  |
| Out of town retail parks | A group of large warehouses and superstores (often selling bulky and white goods) in edge of centre or outside urban areas, with a large quantum of parking space for customers. |  |
These contexts within which retail and commercial services activities occur represent three different urban characters. They are representative to facilitate the reader in determining what applies to his/her unique and specific situation.
In the text below, any of these three icons will be used whenever an observation is specific to one or more of the above mentioned archetypes.
Functions
Social
Economic
The retail and services industry is one of the largest private-sectors in terms of jobs and GDP, but the economic impact of the retail industry extends beyond the industry itself. First of all, retail and services require inputs from various other sectors such as real estate, finance, marketing, transportation, wholesale trade for its operations (the secondary economic impact). Additionally, employees and owners will generate economic spin off as consumers of goods and services(the induced economic effects).
Retailers have to deal with a wide array of issues and problems in terms of security threats and their economic impact. In economic terms, shoplifting is widely considered to be one of the most serious of these threats. Moreover, retailers spent billions on loss prevention and these costs are steadily increasing worldwide.
Preventive measures such as surveillance, physical security, etc. reduce the costs of retail crime, but demand significant investments. Apart from the more traditional security measures, the ‘designing out’ or 'sustainable design' approach in the earliest stages in the planning process can be in the long run an effective measure from an economic point of view to prevent security threats and reduce the economical damage[1].
Mobility
An important transportation issue concerning retail is retail logistics. Retail logistics includes transportation of goods to the points of retail sales and storage there. It also covers additional activities for door delivery of goods to the customers.
Safety
Security Issues
Measures
Footnotes and references
- ↑ In general, these measures demand larger investments than traditional security measures, but at the same time they are able to avoid future costs due to the long-term prevention of crime.
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