GGR252H5 Lecture Notes - Lecture 1: Acculturation, Credit Risk, Fast Fashion
Document Summary
Non-discretionary expenditure review power point from mon sept 12 exploring consumption (environmentalism and sustainability) People are (cid:374)o(cid:449) (cid:272)o(cid:374)ditio(cid:374)ed to thi(cid:374)k if they do(cid:374)"t ha(cid:448)e so(cid:373)ethi(cid:374)g they won"t be complete / we buy more than necessary (hyper consumption) Most of what we consume is outsourced but is not fair trade with the third world countries we are fair trading with. Exploring the structure of retail independents, chains, franchises, flagships. Different formats in the retail economy: franchises/independent owned/ Privately owned/ one of a kind/individual/family owned/one or two stores/ no corporate structure. People your familiar with/ your neighbours are the main people independently owned stores serve. Function-varied store type (specializes in certain thing) product mix (you can buy a variety like candles pasta milk can opener) market focus, level of specialization, location. Urban areas: retail strips, integrated into neighbourhoods, ethnic areas. Suburban older retail areas (e. g. port credit) strip malls, ethnic areas.
