When your store or business experiences success, it’s a natural progression to start thinking about expanding into new areas and markets. As you make the decision to do so, remember: data is your friend. If you do solid research up front, you’ll be able to get a good idea of the traits of your very best customers, their needs and behaviors, and of course, helpful information about where to find more of them.
If you’re a member of the International Council of Shopping Centers and will be at one of the organization’s upcoming conferences, be sure to make time to come see the SiteSeer team! We’ll be at the following conferences this fall:
There’s no question that recruiting retail is highly competitive and time consuming, and something many communities and cities struggle with. Most economic development councils have the same goals when it comes to retail recruitment:
We’re just two weeks away from the International Council of Shopping Centers (ICSC) Western Conference & Deal Making in Los Angeles. The SiteSeer team will be there and we’d love to meet you!
We’ve talked before about the surprising downfall of big retail and restaurant chains and what causes one to fall from grace. Sometimes it’s a failure to keep up with the times that leads to customers losing interest (because a company simply doesn’t meet their needs any longer). Other times retail or restaurant chains suffer from an identity crisis, where they once knew who they were but now seem “brand confused” and are confusing their customer base too.
We’re just a week away from the International Council of Shopping Centers (ICSC) Florida Conference & Deal Making in Orlando. The SiteSeer team will be there and we’d love to meet you!
In the world of retail, it’s very common to see businesses that experience some success with one location make the (sometimes hasty) decision to add another (or several)—and for them to want to move quickly. Whether it’s a private company that has their sights set on growing and selling their business or a public company aiming to achieve growth goals, there are lots of reasons that companies want to grow.
Anyone who knows us personally here at SiteSeer knows that many of our team members have worked for, and with, the grocery industry for many years. So, when the news came out recently that Amazon was seeking to acquire Whole Foods, we were intrigued and surprised.
As a developer, property owner, or commercial real estate broker, your goal is to have the lowest vacancy rates in your shopping centers as possible. Sometimes that’s easy, other times not so much. But in the ever-changing retail market, what about when a shopping center loses an anchor tenant that was the main attraction for the entire shopping center? What is the best way to attract a replacement tenant that will prevent smaller retailers in the center from experiencing a significant decline in business or choose to leave?
We’re a week away from the International Council of Shopping Centers (ICSC) RECon, and we couldn’t be more excited. If you’re coming to ICSC May 21-24, don’t miss your chance to learn more about SiteSeer Professional in person. Our booth is N1124—stop by or schedule a meeting with us ahead of time.