Abstract
The tenant mix layout of shopping malls affects shopper consumption behaviour and the performance of malls. The main function of the tenant mix layout is to increase store sales by increasing footfall. However, although existing studies have shown the importance of the spatial clustering effect and the physical information about tenants, the authors of those studies did not properly consider both the spatial clustering effect and the physical information about tenants at the meantime. Through this study, we aimed to maximize the spillover effect of the stores in the shopping centre while considering both the spatial clustering effect and physical information about tenants. Therefore, we present a problem called the tenant mix problem, which is to determine the optimal tenant configuration scheme for existing shopping centre space segmentation to maximize the rental income of a shopping centre. To solve this problem, a nonlinear integer optimization model with defined characteristics was proposed and solved using a genetic algorithm. A shopping centre case study is also presented to verify the performance of the model.
Highlights
Guest Editor: Maksym Grzywinski e tenant mix layout of shopping malls affects shopper consumption behaviour and the performance of malls. e main function of the tenant mix layout is to increase store sales by increasing footfall
Existing studies have shown the importance of the spatial clustering effect and the physical information about tenants, the authors of those studies did not properly consider both the spatial clustering effect and the physical information about tenants at the meantime. rough this study, we aimed to maximize the spillover effect of the stores in the shopping centre while considering both the spatial clustering effect and physical information about tenants. erefore, we present a problem called the tenant mix problem, which is to determine the optimal tenant configuration scheme for existing shopping centre space segmentation to maximize the rental income of a shopping centre
Developers and owners have to come up with preliminary tenant mix layouts based on experience or existing shopping centre layouts. e searching for an Advances in Civil Engineering optimal tenant mix layout is a complex decision problem called the tenant mix problem (TMP) [16]
Summary
Guest Editor: Maksym Grzywinski e tenant mix layout of shopping malls affects shopper consumption behaviour and the performance of malls. e main function of the tenant mix layout is to increase store sales by increasing footfall. Erefore, we present a problem called the tenant mix problem, which is to determine the optimal tenant configuration scheme for existing shopping centre space segmentation to maximize the rental income of a shopping centre. To solve this problem, a nonlinear integer optimization model with defined characteristics was proposed and solved using a genetic algorithm. Shopping centres are faced with escalating retail challenges, forcing owners to optimize rental pricing, store layout, tenant mix, and product selection and continuously utilize other strategies [4]. Due to the dilemma of quantifying interstore interaction, it is difficult to solve this problem using qualitative analysis and empirical rules alone. erefore, the problem of how to arrange tenants for each floor of a shopping centre so that merchants can get the maximum patronage from consumers remains to be solved
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