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Is position important?

How many times have you heard the age old cliché that the three most important things in retail are position, position, and position? This refers to where your store is located and includes the broader picture such as a shopping centre versus a shopping strip, as opposed to the narrower picture which is the position within the mall or on the street. Shopping centre management are skilled at the art of selling store locations to new and existing tenants. Their intentions are usually well founded