For a long time, site selection has been a combination of art and science. Site selection data and science became commonplace in the 1990s, but until the last decade or so, judgment, experience, and gut feel drove many retailers’ decisions about where to locate (and the reasons to do so).
Topics: Retail Predictions, Retail Industry, Retail Site Selection, Site Selection Software, Artificial Intelligence, Analyzing Retail Sites, Analytics Solution, Machine Learning
You’ve probably heard about it, but what exactly is artificial intelligence? Artificial intelligence or “AI” is the process by which machines simulate human intelligence to solve problems and make decisions. There are many different outlooks on AI, but whether you believe that AI will be a positive force for society or the downfall of humanity, it is impossible to ignore the ramifications of this technology.
Topics: Retail Predictions, Real Estate Analytics Tool, Retail Industry, Artificial Intelligence, Analytics Solution, Machine Learning
Topics: ICSC, Retail Industry, Landlord Rep Brokers & Owners Industry, Conferences, Tenant Rep Brokers & Developers Industry, Franchise & Services Industry
If you’re a shopping center owner or a marketer for a shopping center, one of the most important investments of your time is to understand what your shoppers and area consumers think about your center.
Topics: Retail Trade Area, Recruiting Shopping Center Tenants, Void Analysis, Retail Industry
Topics: ICSC, Retail Industry, Landlord Rep Brokers & Owners Industry, Conferences, Tenant Rep Brokers & Developers Industry, Franchise & Services Industry
When you’re a shopping center developer or owner, your number one goal is to fill that center with the best tenants. Vacancies not only cost you money on their own, but also hurt your ability to attract strong tenants in the future.
Topics: Void Analysis, Retail Industry, Landlord Rep Brokers & Owners Industry, Tenant Rep Brokers & Developers Industry
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.
Topics: Retail Data Analysis, Retail Industry
Maybe you’ve heard of the importance of running a void analysis when you’re recruiting retailers for your shopping center or trying to identify chain stores that are missing from your community. SiteSeer Professional’s tool, Void Analysis, is very beneficial—and not just for the broker or shopping center developer. Here are six people/users that should be using Void Analysis to grow the smart way:
Topics: Recruiting Shopping Center Tenants, Void Analysis, Retail Industry, Landlord Rep Brokers & Owners Industry, Communities Industry, Tenant Rep Brokers & Developers Industry
We’ve talked before on this blog about the general impression that brick-and-mortar retail is dying a slow death and why that simply isn’t true.
Topics: Smart Retail Growth, Retail Apocalypse, Omnichannel Retail, Bricks and Mortar Retail, Retail Industry
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.
Topics: Retail Data Analysis, Market Data, Data Study, Population Study, Retail Industry
