Opening a bakery? You might want to review Pablo Jensen’s paper on best site location. Jensen applies methods from physics and network analysis to assign a quality index to a particular site based on the proposed business’s apparent affinity to, or repulsion from all of the other businesses within a radius of 100m.
Hint: stay away from other bakeries…he indicates that bakeries seem to repel each other, whereas clothing and gadget stores tend to cluster together.
Network-based predictions of retail store commercial categories and optimal locations – Pablo Jensen in Physical Review E, 8 September 2006
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One bakery is exciting…more than one reminds you that you haven’t been to the gym in a while.
Maybe it’s me, but I haven’t noticed a lot of gadget stores clustered together. Of course, I don’t live in a large city.