U.S. Nationwide trends in metropolitan retail trade: A perspective of the mid 1980s |
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| Institution: | 1. Maxwell Advisory Board Professor of Economics, Department of Economics and Center for Policy Research, Syracuse University, Syracuse, New York 13244-1020, United States;2. SmartCentres Professor of Real Estate and Urban Economics, Rotman School of Management, University of Toronto, Toronto, Ontario M5S 3E6, Canada;3. Department of Economics and Center for Policy Research, Syracuse University, Syracuse, New York 13244-1020, United States;1. Department of Civil & Environmental Engineering, Massachusetts Institute of Technology, United States of America;2. Department of Development Engineering, University of California, Berkeley, United States of America;3. Institute for Governmental Studies, University of California, Berkeley, United States of America;4. Department of City & Regional Planning, University of California, Berkeley, United States of America;5. School of Cities, University of Toronto, Canada;6. School of Public Health, University of California, Berkeley, United States of America;7. Department of Computer Science, University of Texas at Austin, United States of America |
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| Abstract: | The 1982 U.S. summary data for retail sales (Census of Retail Trade) are analyzed in light of trends since 1958. The metropolitan economy consists of four sectors, namely CBDs, major retail centres (MRCs), non-CBD/MRC retailing and direct marketing. Total U.S. retail sales declined by some 1.6% during 1977–1982. Metropolitan retail sales increased, however, more than metropolitan population growth. This is related to the construction of outer-ring superregional centres which serve also exurban customers. Within metropolitan areas CBDs continued their absolute and relative decline, while MRCs grew, keeping their share in the metropolitan economy. Non-CBD/MRC retailing is the largest and increasingly growing sector. It represents demographic and economic changes that lead to an increased emphasis on speciality strip and small-town retailing. Direct marketing, while constantly growing, has not yet become a real threat to conventional store retailing. |
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