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).
Topics: Smart Retail Growth, Data Study, Retail Site Selection, Site Selection Criteria, Site Selection Checklist
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.
Topics: Tips & Tricks, SiteSeer User Conferences
Topics: Artificial Intelligence, Analyzing Retail Sites, Machine Learning, Site Selection Analysis, Sales Forecasting
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.
Topics: Retail Data Analysis, Market Data, Site Selection Software, Data Quality, Site Selection Analysis, Sales Forecasting
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.
Topics: Retail Data Analysis, Market Research, Building New Locations, Analytics Solution
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.
Topics: Smart Retail Growth, Retail Site Selection, Grocery, Single Site Studies, Supermarkets
If you’ve used Void Analysis in the past and found it to be a valuable tool, you’ve probably been tempted by a SiteSeer subscription, which gives you access to unlimited Void Analysis Pro reports (normally $299.99 each).
Topics: Void Analysis
Topics: Retail Data Analysis, Demographic Data, Retail Site Selection, Site Selection Software
Here’s a scenario we’ve seen a lot here at SiteSeer: an entrepreneur starts a business. Maybe it’s a retail business of some kind—a boutique clothing store, an ice cream shop, a bike shop—or maybe it’s a restaurant.
Topics: Market Research, Market Data, Capital Planning, Retail Industry, Retail Site Selection, Restaurant Site Selection, Site Selection Analysis
If you keep tabs on the news, you’ve heard that the economy is slowing, with some analysts suggesting that the U.S. could face a recession by the end of the year. Inflation-adjusted consumer spending slowed to 1.5 percent in the first half of 2022 (per CNBC)—compared to nearly 12 percent a year earlier. The housing market seems to finally be slowing after two years of skyrocketing home values and minimal available inventory.