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Glossary
Anchor stores
Anchor store(also referred to as draw tenant) is one of the larger stores in a . It, as the name suggests, is the store that is expected to work as an anchor for the mall or draw footfalls – that would ultimately lead to business for all the other stores in the mall as well. It is usually a department store or a major retail chain. Grocery stores are the most common type of anchor store, as they are frequented often and the customers do not switch grocery stores very frequently. However, as per global research on consumer behavior, most trips to the grocery store do not result in visits to surrounding shops. Increasingly, malls are looking at more than one anchor store.
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Statistics
Grocery Store: Choice & Value for Money
The study deals with what works best for the grocery stores. It looks into the factors that make grocery stores a hit or a miss.
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Books
The Budget Guide tO Retail Store Planning & Design
The perfect learning tool for opening a store or renovating one, this book is a nuts and bolts approach to the planning and design of a new store, and a redesigned format highlights the new information. The author has experience in store planning, fixturing, and negotiation. The chapters coverbudgeting store design,lease analysis and negotiation,working with designers,storefronts and signs,store layout and colors,interior signage,wall and floor fixtures,and putting it all together.Also included are an invaluable retail lease checklist and an appendix of store floor plans.
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Presentation
First In, First Out
It is a method of stock rotation. In this goods that are received first are sold first. Newly received product is usually stocked behind the older merchandise, so that it draws lesser customer attention.
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