What’s Going on with Natural Organic Grocery Chains?

Posted by Sam Lowder on Feb 25, 2020 5:00:00 AM

If you’re at all connected to the grocery business, you’ve probably seen the headlines about natural and organic grocery chains closing their stores:

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Topics: Retail Industry, Retail Site Selection, Site Selection Software, Restaurant Site Selection

How to Study Your Competition During Your Site Selection Process

Posted by Sam Lowder on Jan 29, 2020 3:49:31 PM
Step #3 in our Site Selection Checklist for making smart site selection decisions is study your competition.

Too often, we see companies do lots of homework on their customers and trade area and launch right into an expansion plan. Understanding your customer is indeed vital to your success as you grow. But there’s another side of the equation that is extremely important: understanding who you’re going up against.

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Topics: Market Research, Retail Industry, Retail Site Selection, Site Selection Software, Restaurant Industry, Restaurant Site Selection, Competitive Analysis

How Psychographic Data Can Enhance Site Selection

Posted by Sam Lowder on Jan 10, 2020 2:15:00 PM

When you use a tool like SiteSeer, there are all kinds of different data types that can power the platform:

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Topics: Data Partner, Site Selection Software, Analyzing Retail Sites, Data Quality

Site Selection 101: A Checklist

Posted by Sam Lowder on Oct 30, 2019 5:15:00 AM

Site Selection Checklist for Growing Retailers, Restaurant Chains, and Franchises

When you’re trying to grow your business through expansion, it’s essential to do so methodically and intentionally. You’ve probably heard before that even one bad location can prevent your retail business or other chain business from reaching its full growth potential—or worse, kill your business entirely. That’s why investing in site selection when you’re expanding is critical. But how do you approach the task diligently? Here’s a checklist to guide your site selection decision:

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Topics: Retail Site Selection, Site Selection Software

Site Selection, AI Modeling, and Unrealistic Expectations

Posted by Sam Lowder on Oct 18, 2019 5:00:00 AM

Maybe you’ve seen companies making bold claims about their site selection software lately.  Thousands of sites accurately forecasted…in mere seconds! If you’re wondering whether technological advancements have replaced the analyst and single-site sales forecasting, allow us to put it simply: no.    

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Topics: Retail Industry, Retail Site Selection, Site Selection Software, Artificial Intelligence, Analyzing Retail Sites

Top Metropolitan/Micropolitan Areas with Highest Health Care Spend

Posted by Sam Lowder on Sep 12, 2019 3:30:00 PM

Just as retail companies of all sizes have had to adapt in the digital era, so has the health care industry. Health care organizations have had to take a new approach to site selection, indeed, but for this data study, we’re looking at something else: the cost of health care.

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Topics: Market Data, Data Study, Site Selection Software, Health Care Industry, Analytics Solution

Site Selection in the Era of Artificial Intelligence

Posted by Sam Lowder on Aug 16, 2019 3:45:14 PM

For a long time, site selection has been a combination of art and science.  Site selection data and science became commonplace in the 1990s, but until the last decade or so, judgment, experience, and gut feel drove many retailers’ decisions about where to locate (and the reasons to do so).

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Topics: Retail Predictions, Retail Industry, Retail Site Selection, Site Selection Software, Artificial Intelligence, Analyzing Retail Sites, Analytics Solution, Machine Learning

FAQs About Drive Time Trade Areas in Retail Site Selection

Posted by Sam Lowder on Jul 30, 2019 9:30:00 AM

In early 2019, SiteSeer made major updates to our flagship software, SiteSeer Professional, including the installation of the latest version of Freeway, a third-party plugin by partner Applied Spatial Technology. Freeway provides the calculations behind the drive-time trade area boundaries you see in SiteSeer.

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Topics: Retail Trade Area, Site Selection Software, Analyzing Retail Sites

Five Tips for a Better Restaurant Site Selection Process

Posted by Sam Lowder on Jul 19, 2019 12:30:00 PM

Location, location, location. Never has the phrase been truer to a business’s success than in the restaurant business. A fantastic concept in the wrong location will underperform, or worse, fail entirely. It’s important that you be diligent in your site selection. Here are five tips on how to improve your process:

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Topics: Site Selection Software, Restaurant Industry, Restaurant Site Selection

Eight Myths About Market Data

Posted by Sam Lowder on Sep 21, 2018 5:00:00 AM

Growing retail and restaurant chains know that doing high-quality, data-driven research as they expand and open new locations is always worthwhile.

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Topics: Market Research, Market Data, Retail Industry, Site Selection Software