GEO 421 Lecture Notes - Lecture 1: Urban Geography
Document Summary
67% of millennials prefer to shop online. 56% of gen-xers prefer to shop online. 41% of baby boomers prefer online shopping. 28% percent of seniors prefer online shopping. Currently, about 10% of core-retail sales are online, but this has doubled since 2014. Retail is the marketing and distribution of products to the public. Retail geography is conventionally defined as the study of the interrelations existing between the spatial patterns of retail location and organization on the one hand, and the geography of retail consumer behaviour on the other. Where and why people shop and consume goods where they do. Retail geography shares many similarities with economic and urban geography. Because we are in a geography class, we want to make sure there is a spatial component to how we think about retail geography, supply, and demand. And there are three key things to consider:
