ECO 211 Lecture 8: Ch 8 class notes

• School: University of Miami
• Department: Economics
• Course: ECO 211
• Professor: Lorca Maria

Document Summary

Swot analysis: strengths considered safe, protected from the weather, weaknesses high rent, age (they"re old, opportunities renovation, combining leisure time entertainment with shopping, threats high interest rates, oversupply of retail space. 4 different types of shopping centers: 1. Neighborhood center = have a food or drug store anchor: 2. Regional malls = have a department store anchor: 3. Power centers = include freestanding stores and category killers: 4. Why are anchor stores called the engine that pulls the train: 1. The group similar retailers by merchandise category: 2. Types of entertainment choices in malls: 1. Mixed-use developments = combining residential and office space in one area. Lifestyle center : 1. a hybrid mall with high end retailers and easy parking, 2. Provides an opportunity for a social experience: 3. Designed for convenience and people who want to spend money but not browse as much. Why are they appealing to customers: 1. Appeal to adult men (underserved market: 3.