Management of the Retail Trade Localization in the Regions of the Slovak Republic

Abstract

In the scope of the retail-trade, the localization decision making is very important since a mistake in the decision and a following inconvenient location of the retail unit leads mainly to serious trade difficulties and subsequently to the crash of the store. The retail stores’ expansion in the settlement increases the ability to absorb larger operational capacities, which results also in economic advantages. Based on the conducted analysis of the retail network location in regions of the Slovak Republic, it can be stated that the Bratislava region is the most dominant in the monitored period. This dominant status of the Bratislava region is in accordance with classic localization theories and with the demand oriented export base theory.
Keywords: Localization index, Localization coefficient, Retail-trade, Retail network localization.