Successful businesses know that the secret to finding good locations is understanding how trade zones work. In this month’s Visual Trends infographic we take a look at what makes a trade zone, why they are important, and how businesses can create them. A trade zone is simply a geographic area that contains a high density of retail, commercial, or financial infrastructure. They are areas that consumers are willing to travel to for work, shopping, or entertainment.
Generally speaking, major retailers or key anchors (malls, department stores, and hypermarkets) are the destination sites that smaller retailers and food shops cluster around.
The Indian retail market will grow to US$1,200 B by 2021.
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