The Tertiary Sector

1
The Tertiary Sector
Tuesday 24th January 2006

• Learning Objective The begin to understand the
  tertiary sector.

2
Definitions

• Tertiary Sector Service activities, including
  retailing and retailing and offices.
• The tertiary sector can be sub-divided into
• Quaternary sector Finance and insurance.
• Quinary sector Education, government, health,
  research and development.

3
The importance of the service sector

• The service sector is by far the most dominant
  employer in developed economies.
• As an economy becomes more sophisticated the
  contribution of the service sector increases in
  terms of employment and GDP.

4
Retailing (pre-1970)

• The hierarchy of retailing in the UK (pre-1970).

5
Retailing (1970-2000)

• 1970s Growth of supermarkets (in towns) and
  hypermarkets.
• 1980s Non-food retail parks (DIY, carpets,
  furniture).
• 1990s - Larger out-of-town shopping centres
  including eight major centres.
• 2000 E-retailers and e-commerce.

6
Causes of retail change in the UK

• Mobility allowed by the private car.
• Shopping habits of people.
• Expectations from the shopping environment.
• Organization of the retail industry.
• Attitude of planners and politicians.