Volume 18, No. 6, 2021
Spatial Distribution And Dynamics Of Retail Stores In New York City
Vijay Kumar Reddy Voddi , Komali Reddy Konda
Abstract
This study provides a comprehensive analysis of the spatial distribution and dynamics of retail stores across various categories in New York City (NYC), offering insights into urban planning and economic development. By leveraging a dataset of 1,935 retail entries, this research examines how income distribution, gentrification, public infrastructure, and online shopping trends influence retail landscapes. Key findings reveal significant economic disparities with luxury outlets concentrated in affluent areas and discount stores prevalent in lower-income neighborhoods. The impact of gentrification is notable, with upscale boutiques and cafes replacing long-established local businesses, reshaping neighborhood characteristics and affordability. Additionally, the rise of online shopping has prompted physical retail spaces to integrate digital innovations to maintain competitiveness. This analysis not only highlights the uneven distribution of retail categories but also underscores the necessity for targeted urban planning and policy interventions to enhance retail diversity and economic equity. The findings aim to assist policymakers and urban planners in crafting strategies that address these disparities and support sustainable economic growth. This study contributes to the broader discourse on urban economic development by providing actionable insights into the complex interplay between retail distribution and socio-economic factors in one of the world's most dynamic urban environments.
Pages: 9941-9948
Keywords: Retail Distribution, Urban Planning, Economic Disparities, Gentrification, Online Shopping Trends.