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:
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.
It has been a long time coming, but it’s finally here: the end of 2020 and the strangest and perhaps most difficult year for many in the retail industry.
SiteSeer provides our users with free access to nationwide healthcare location data. This data is provided in two map layers:
There continue to be many widespread impacts of the coronavirus pandemic, and one we’ve been talking about a lot lately both here on the SiteSeer blog and with our clients is population migration.
In March 2020, SiteSeer published its follow-up blog on the fastest-growing large micropolitan areas in the United States between the end of 2017 and the end of 2019.
With COVID-19 shaking up the brick-and-mortar world, many expect that shopping center owners will having many vacancies on their hands in the months and years to come. For those whose job it is to fill those vacancies, wading through struggling and bankrupt chains to find businesses that are still seeking expansion opportunities will be a challenge.
The COVID-19 pandemic has changed just about every business, and while some are struggling because their target customers have different needs and buying habits now – whether by choice or due to government mandates, others are experiencing inflated sales because the product or service they provide has become more important to buyers than ever before (we’re looking at you, grocery stores).