A multiple-criteria decision-making approach for the evaluation of retail location

A multiple-criteria decision-making approach for the evaluation of retail location

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Article ID: iaor20084294
Country: United Kingdom
Volume: 14
Issue: 1/3
Start Page Number: 67
End Page Number: 76
Publication Date: Jan 2006
Journal: Journal of Multi-Criteria Decision Analysis
Authors: ,
Keywords: retailing, analytic hierarchy process, decision theory: multiple criteria
Abstract:

This study proposes an ANP-based evaluation of retail locations. Authors acted as decision analysts and interacted with professionals in Turkish apparel retailing sector for acquiring their knowledge and expertise. As a result evaluation criteria of the study were identified. These criteria are clustered into five groups: store, other retailers, shopping centre/business district, accessibility, and environmental. The relationships among criteria were assessed and a network was formed. ANP approach was then utilized in order to evaluate possible retail locations for the apparel stores. Besides global preferences of these alternatives, relative importance of the criteria was also revealed.

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