UGC Approved Journal no 63975(19)

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Published in:

Volume 8 Issue 4
April-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2104425


Registration ID:
311901

Page Number

1639-1647

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Title

Globalisation and New Retail Economy on Changing Urban Space: A Geographical Perspective

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Abstract

Abstract: Retail trade, an important component of urban economic activity reflects the level of development of an urban area. Retail trade activities are essentially consumer oriented and hence, their location, structure and spatial pattern in relation to the fast changing customer behaviour of an urban society merit a detailed study. Retail consumption takes place in a variety of settings such as home, informal markets, stores, shopping streets and especially the shopping malls. The changing urban space is essentially related to the new mode of retail economy, which is an impact of ‘globalization’. ‘Globalization’ and ‘Shopping mall culture’ are essentially the character of the post-modern urbanisation. Thus, the process of globalization through which the resources are accumulated under the grip of few MNCs, widen the gap between rich and poor in the societies of developing countries like India. The urban space is changing day by day along with the urbanism of city-dwellers of Asansol in West Bengal due to advent of new retail economy. Changing consumer behaviour replaces the ‘traditional bazaar economy’ with the ‘new retail trade economy’ of ‘mall culture’. Present paper is an effort to find out the effects of this rising trend of trade and commerce on other retailers and to identify the impacts of shopping mall culture on urban way of life. The emerging issue of retail economy is gradually changing the socio-cultural behaviour of the urban natives of the area under review.

Key Words

Globalization, Post Modernism, Urbanism, Shopping mall, Retail trade, Mall culture, Customer

Cite This Article

"Globalisation and New Retail Economy on Changing Urban Space: A Geographical Perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 4, page no.1639-1647, April-2021, Available :http://www.jetir.org/papers/JETIR2104425.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Globalisation and New Retail Economy on Changing Urban Space: A Geographical Perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 4, page no. pp1639-1647, April-2021, Available at : http://www.jetir.org/papers/JETIR2104425.pdf

Publication Details

Published Paper ID: JETIR2104425
Registration ID: 311901
Published In: Volume 8 | Issue 4 | Year April-2021
DOI (Digital Object Identifier):
Page No: 1639-1647
Country: Paschim Barddhaman, West Bengal, India .
Area: Science
ISSN Number: 2349-5162
Publisher: IJ Publication


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