L. Smith's Analysis of Retailing in the South End

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The position is probably a valid in most cases; however, it does not have complete generality. If a firm's profit is not related to the physical appearance of the structure, there is no incentive present for the shopkeepers to do anything but minimum maintenance. (e.g., replace windows, install door locks, etc.) As long as the consumer accepts the condition of the store, he will not or possibly, cannot trade elsewhere. If this condition exists in the South End and it is not clear whether or not... it does (e.g. on one hand he says that the BRA study showed that a great many South End shoppers purchased little or none of their convenience goods there); yet, he believes that food stores can capture 907» of the potential market including, I presume, Area 2 for which he recommends no new retail facilities.
Since we do not know for certain whether or not the South End consumer has Voted against the deteriorating store by shopping elsewhere, there is the possibility that profitable concerns will be eliminated by demolition and that firms which are unprofitable are located in buildings which have not deteriorated due to their age or some other factor (i.e.


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