The entire country is watching, waiting and wondering: Are we headed for a recession in 2023?
Students in Duke University’s Master of Engineering Management program recently completed a project using SiteSeer’s mapping and other tools.
The 2022 holiday shopping season is well underway, and it seems that despite talk of a looming recession, shoppers are still heading to the malls and shopping centers in droves. Consumer demand seems strong for now, but as we all know, not a lot is certain in today’s economy! The retail landscape could change significantly after the peak holiday shopping season. Retail sales could slow down across many retail sectors, which could mean changes for those of you in the retail real estate business.
As 2022 comes to a close and SiteSeer clients are looking toward and planning for 2023, we wanted to revisit a topic we’ve discussed on the blog in years past: which retail categories grew and shrunk (physical stores/locations) during the year (to date). To refresh your memory, we first analyzed data on store openings and closures for 2020, and then again for 2021 (or more accurately, January-October 2021).
Retailers and commercial real estate brokers and developers, mark your calendar for SiteSeer’s 2023 User Conferences. These webinars will be held quarterly in 2023, bringing together professionals in retail research, site selection, shopping center development, commercial leasing and related areas who use SiteSeer (or are planning to subscribe soon) to learn about best practices in SiteSeer, tips and tricks, feature updates, and more.
If you’ve been following the SiteSeer blog for a while, you might recall a post we wrote this time six years ago. It was not long after the 2016 Presidential election, and Hilary Clinton had just lost to Donald Trump…despite what the polls said leading up to the election.
How to uncover success in your retail or other chain business in 2023 and beyond
Everywhere you turn, there’s talk of rising interest rates, inflation and an impending recession that has every consumer on edge.
In the grocery industry, like many retail industries, there’s no room for error when it comes to opening new locations. Before you invest time, energy and financial resources into the opening of a store, you need to analyze that site thoroughly and understand its sales potential.