Abstract
In the last few decades, changes in consumer habits have been observed in household economies. These habits now focus on large retail chains and shopping centers out-of-town rather than independent retailers sited, for the most part, in shopping districts or in the town center. One factor in this trend is the retailer’s accessibility to the customer. Because of this relationship, the retail market share is affected by the development of an efficient transport system, such as the Metro. This paper examines both short- and long-term positive and negative interactions between the retail sector and the introduction of the Metro using empirical evidence from three middle-sized Spanish cities (Bilbao, Málaga and Seville). It also analyzes how retailers assess the influence of a nearby Metro station on their business. Finally, the conclusion is drawn that a new planning model for urban transportation infrastructure works is beginning to prevail with the backing of smallbusiness association lobbies. This model seeks to minimize the effect of works-related negative externalities on urban retail fabrics but can never guarantee a happy ending for independent stores.
Published Version (Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.