Expanding Your Retail Chain When Changing Format Types

Posted by Lance Blick on Feb 13, 2020 4:00:00 PM

There are times that it makes good sense for a chain business to expand, and there are times it makes sense for that chain business to expand in a different way than they have in the past (to better reach customers).

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Topics: Retail Data Analysis, Smart Retail Growth, Retail Industry, Customer Analysis

What Chain Retailers Grew/Shrunk in 2019?

Posted by Lance Blick on Jan 30, 2020 4:23:36 PM

It’s that time of year when those of us in the business of retail real estate research are looking backward at the year prior. What retail categories grew? Which ones shrank? SiteSeer’s data partner, ChainXY, provides insights into over 4,500 chains in the United States and Canada. We dug into their three broad areas (retail, restaurant and services) to collect a snapshot of how chains that existed on January 1, 2019, grew or shrunk over the year.

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Topics: Retail Data Analysis, Data Study, Data Partner, Retail Industry

Five Things You Need to Know About Data Providers

Posted by Lance Blick on Dec 23, 2019 5:15:00 AM

Attention retailers/restaurateurs/operators and executives of other chain businesses: have you ever received an email like this before:

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Topics: Retail Data Analysis, Market Data, Retail Industry, Restaurant Industry, Data Quality

Choosing the Right Trade Area

Posted by Lance Blick on Nov 25, 2019 3:02:54 PM

Throughout our many years in retail real estate research, we’ve heard businesses of all types simplify the assessment of their business’s trade area. So often, we hear economic developers and retailers describe their trade area as a certain-mile radius around a site, but in reality, there are many different ways to delineate a trade area.

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Topics: Retail Data Analysis, Retail Trade Area, Real Estate Analytics Tool, Analyzing Retail Sites

Analyzing the Viability of Your Retail Locations

Posted by Lance Blick on Feb 15, 2019 7:00:00 AM

If you’re going to the effort of analyzing new retail sites, you should do the same due diligence when evaluating your existing store base. Your goal, after all, is to maximize the ROI of your store/location portfolio. And that involves being strategic about how you run your business. 

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Topics: Retail Data Analysis, Retail Industry

Where is Santa Delivering the Most Gifts in 2018?

Posted by Lance Blick on Dec 20, 2018 9:00:00 AM

SiteSeer's Look at the U.S. Cities with the Biggest Increase in Youth Population

If you’re a business that serves families with children, you’ve probably wondered: what areas in the United States are seeing the biggest increase in children? For our latest data study, we decided to take a look.

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Topics: Retail Data Analysis, Market Data, Data Study, Population Study, Retail Industry

How Market Research Has Stayed the Same

Posted by Lance Blick on Oct 12, 2018 5:30:00 AM

In August, we wrote a blog about how market research has changed over time—and there’s no question that it’s quite a lot. But as the saying goes, “the more things change, the more they stay the same.” Technology and the evolution of the digital era have definitely made their mark on the retail industry—and retail research. But there are many things about retail research that were true 25+ years ago and remain true today. Here are a few of the most notable:

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Topics: Retail Data Analysis, Market Research, Retail Industry, Landlord Rep Brokers & Owners Industry, Tenant Rep Brokers & Developers Industry, Data Quality

How Market Research Has Changed Over Time

Posted by Lance Blick on Aug 17, 2018 5:30:00 AM

Like many industries, the fate of retail was significantly altered when the World Wide Web was launched in 1991. Certainly, the retail industry has evolved for centuries prior…

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Topics: Retail Data Analysis, Market Research, Retail Industry, Data Quality

5 Factors that Impact the Accuracy of a Retail Site Sales Forecast

Posted by Lance Blick on Feb 14, 2018 6:00:00 AM

In the early days of chain retail expansion, developers would choose sites convenient to where their customers live, work, and shop and hope that sales and profitability would follow.

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Topics: Retail Data Analysis, Model Builder, Retail Industry, Retail Site Selection, Analyzing Retail Sites

Using the Best Data (and Why it Should Matter to You)

Posted by Lance Blick on Oct 30, 2017 6:13:00 AM

If you’re in the business of retail development—whether you work in a retailer or other chain’s in-house real estate or research team or are a broker or developer trying to fill your shopping centers with solid, long-term tenants—it’s not enough to collect data. You want the best possible data that gives you accurate information upon which to make decisions.

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Topics: Retail Data Analysis, Demographic Data, Data Partner, Retail Industry, Data Quality

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