Tuesday, May 14, 2019
Retail Supply Essay Example | Topics and Well Written Essays - 1000 words
Retail sum - Essay ExampleMost of the pedestrians that patronize the streets around the mouth Aledaide Centre ar those people who hold in the Disco genuinely District in close proximity to educational centimeers and hospitals. Examples of educational centers in the area of the Bay Centre include the University of Toronto and the Ryerson University. More than 65 per cent of residents in this area comprises of the working trend in the age bracket of 25-64, which is considerably higher than the Citys average of 57 per cent (Figure 2). Figure 2 existence by Age Walking along the streets, it is notable that the intersection bordering Yorkville at Bay is a center of big-ticket(prenominal) shop, which attracts a large proportion of the upper social class income earners who lives in the expensive neck of the woodss of the city. The absolute majority of the malls along this street sell expensive clothing and household products. The Bay street is largely used for transportation it is served by the route 6 Bay bus. Other areas including the streetcar tracks, which extends from College street and Dundas are used for diversions and and short turns (Bow 12). Table 1 below shows how Bay Adelaide Centre neighborhood differs from the respire of the Toronto city. HIGHER LOWER MUCH LOWER % of Children (0-4) % of Children (5-14) % of young (15-24) % of Seniors (65+) Dependency Ratio (20%) Total Population Change Table 1 How this neighborhood compare with the rest of Toronto PART B Yorkville east of track Road Yorkville is commonly known for its shop activities. The city of Toronto annexed it from a former village. It is neighbor to Davenport road to the north, Bloor route to the south, Avenue road to the west, and Yonge Street to the east. Officially, the strip is considered as part of The Annex vicinity. The strip is one of the citys most fashionable shopping centers. It is surprisingly one the the worlds most expensive streets, with rent per square foot rangin g from $300 by 2008. Yorkvilles has very expensive and fashionable restaurants, shopping and boasts of hosting the first five star hotels in Canada. Compared with the rest of Toronto, the percentage of children below four years is lower, younker is the same, seniors is higher, and the total population change is the same (Table 2). HIGHER LOWER MUCH LOWER SAME % of Children (0-4) % of Children (5-14) % of Youth (15-24) % of Seniors (65+) Dependency Ratio (30.2%) Total Population Change Table 2 How this neighborhood compare with the rest of Toronto The fashionable boutiques include Gucci, Burberry, Hugo boss, Louis vuitton, Ermenegildo and Betsey among many other upscale designer boutiques. Many companies have their flagships located along this street, including Town Shoes, Gucci, Harry Rosen, Lacoste and Channel 4. Recently, mid-market retailers have flocked Bloor street, including La Senza, Winners and French Connection. Yorkville is notably known for its luxurious shopping streets . The demand along Bloor street is very high, hence making the rent to shoot very very high. The majority of the retailers is independent (80%), who put a lot of efforts to meet these demands. The number of professional services and offices are extremely high, which services leading companies such as Canada Post, Retail Council of Canada, IBM Canada, Showcase television and consultants from different countries. The majority of the pedestrians are working age who also form the largest proportion of the shoppers (Figure 3). Figure 3 Population by
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