SiteSeer happens to be based in one of the fastest-growing metropolitan areas in the country. Earlier this year, we released our updated 15 Fastest-Growing Metropolitan and Micropolitan Areas blog post, and Boise came in #2 on the list of metro areas, jumping 3.15% from June 2018 to June 2020.
When you’re in the retail business, location planning is a complicated process. There are many factors to consider when trying to ensure a location can be successful, but at the top of the list is making sure there’s plenty of traffic passing by that site (in other words: potential customers).
When you’re a retailer, restaurant chain or real estate professional, it’s critical to do your homework. Our data partner, ChainXY, makes that much easier, with their chain locational data that allows real estate professionals that are conducting market research to make informed decisions.
You might have heard recently that after many months of delays due to the coronavirus pandemic, the U.S. Census Bureau completed its counts and released its initial batch of data (state data) on April 26, 2021. Many SiteSeer users and clients have been asking about this data, so here’s a look at some of the highlights that might interest you:
Are you a retailer that often locates in or near major shopping centers and malls? Then you’ll want to explore the Directory of Major Malls / ShoppingCenters.com data set, which includes details on the 8,528 major open-air shopping centers, lifestyle/specialty, entertainment mixed-use, value retail and enclosed malls in the U.S. and Canada that are approximately 200,000+ square feet and larger in size.
Over the last year, the business headlines have been dominated by companies that have struggled—the restaurants, retailers, and other independent and chain businesses that have seen decreased demand or been forced to operate at reduced capacity for the majority of the past 13 months.
For years, many have debated the death of shopping malls. The rise of ecommerce has been a big contributor to the struggles of brick-and-mortar retail, and many analysts and other experts have been talking about how these changes are impacting the American institution known as the shopping mall:
We sometimes hear from people connected to the retail industry that traditional void reports are outdated and not all that useful.
We all know by now that the year 2020 was challenging for many businesses for a variety of reasons. With many states laying out restrictions, some businesses were thrust into e-commerce on zero notice, while other businesses were forced to think outside the box on how to reach their customers in new ways.
Franchise planning has been beyond challenging in the last 11 months and it’s still not easy. If you were established before 2020, your territory plan is probably out the window right now and the capacity you thought you had for smart retail growth might have changed significantly.