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Retail churn can bring both volatility and vitality to a neighborhood

Meltzer, Rachel (2016) Retail churn can bring both volatility and vitality to a neighborhood. USApp – American Politics and Policy Blog (10 Dec 2016). Website.

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Abstract

Local neighborhoods seldom remain static – but why do some have a greater turnover of retailers than others? And can excessive retail churn be a bad thing? Using New York business data, Rachel Meltzer investigates these questions, finding that bigger households and higher shares of white residents are most strongly associated with less retail churn, as are having more restaurants, more necessity services (like grocery stores or drug stores) and a greater diversity of businesses. Population growth, on the other hand, is the strongest predictor of greater retail turnover. She writes that local government and nonprofits can use this information to encourage more businesses that will benefit the community, such as independents and those which provide needed services.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2016 The Authors, USApp – American Politics and Policy Blog, The London School of Economics and Political Science © CC BY-NC-ND 3.0; Online
Divisions: LSE
Subjects: J Political Science > JA Political science (General)
J Political Science > JK Political institutions (United States)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 10 Feb 2017 11:15
Last Modified: 31 Jul 2020 23:14
URI: http://eprints.lse.ac.uk/id/eprint/69314

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