Shoppers' Perceptions of Retail Developments: Suburban Shopping Centres and Night Markets in Singapore
Essay by Nicolas • December 28, 2011 • Essay • 5,843 Words (24 Pages) • 1,877 Views
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Abstract
Over the last decade, pasar malam or night markets have been
making thei r presence felt within the suburban public housing
estates in Singapore. Similarly, suburban shopping centres have
been sprouting up within public housing estates and situated
next to mass rapid transit (MRT ) and light rail transit (LRT )
stations, bus stops and interchang es. Bothpasar malam and
suburban shoppin g centres belong to di fferent components of
the retail marketing system: the former belong to the bazaar
sector while the latter belong to the firm-centred sector. In view
of their differences , using a sequential mixed method approa ch
involving a qualitative/qua ntitative sequence, this paper
examines the different profi les of the shoppers and the link to
their perceptions of different types of retail development. The
findings suggest that prop erty developers and retailers need to
have a better understanding of their local markets in order to
develop an appropriate 'experience'/product mix to cater for the
shoppers within the catchment area.
Keywords:
percep tions, subu rban shopp ing centre s, nigh t mark ets, Singapore,
shoppers, demogr aphics
BACKGROUND
The economies operating in the world can be generally classified
into either firm-centred economies or bazaar economies. The firm-Dr Muhammad Faishal Ibrahim
Departmen t o f R eal Estate
School of Design and Envir onment
Nat ional University of Singapore
4 A rchi tecture Drive
Singapore 117566
Tel: +65 6874 6901
Fax: +65 6774 8684
E-mail: faish al@nus.edu.sg
#HENRY ST EWART PUBLICATIONS 1479 ^ 1 1 10 Jour nal o f Retai l & Leis ure P r o per ty VO L . 3 N O . 2 P P 1 7 6 - 1 8 9 176
Firm-centred and
bazaar econom ies
McGee's three-stage
model
Night markets
Suburban shop ping
centres
centred economy is 'where trade and industry occur through a set
of impersonally defined social institutions which organise a variety
of specialised occupations with respect to some particular
production or distributive end'.
1
The bazaar economy is one in
which the total flow of commerce is fragmented into a very great
number of unrelated person-to-person transactions. This sort of
economy is based on the independent activities of a set of highly
competitive commodity traders who relate to one another mainly
by means of an incredible volume of ad hoc acts of exchange.
2
The main distinction between the two sectors is that the firm-centred sector is capital intensive whereas the bazaar sector is
labour intensive. Another significant distinction is that the former
is, by organisation and character, sedentary, while the latter is
mobile. By definition, mobility in the bazaar sector is a mark of
differentiation that distinguishes it from its sedentary firm-centred
counterpart.
3
Depending on the stage of economic development, a country can
have both these components of the economy existing in
equilibrium, or with one in decline and the other thriving.
According to McGee's three-stage model,
4
the third stage of the
model will see the firm-type sector overriding the bazaar sector in
an economy. Singapore has arrived at this 'third stage' as its bazaar
sector is almost completely subordinated by the firm-type sector
save for periodic staging of bazaar-sector retailing entities during
festive holidays and/or for the purpose of attracting tourists.
The dichotomisation of the marketing system in Singapore into a
firm-centred economy and a bazaar economy has been taking place
since the earliest days when commerce began on the island.
5
The
bazaar sector on the island is manifested in the form of travelling
night markets orpasar malam, as they are locally and frequently
called. The first travelling night market was set up in the early
1950s. In 1978, however, a ban was imposed on the travelling night
markets, but in 1991 they made a comeback to the local marketing
scene within public housing estates and have since been a common
feature in public housing estates.
Over the last decade,
...
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