In the last month or so, you’ve probably seen a lot of news stories about the economy as experts reflect on the last year and look toward the future. Interest rates remain high and inflation is still a big concern, but there are positive signs too…and plenty of indicators that astute retail chains should pay attention to.
Trends and Positive Signs for the Retail Industry in 2024
Topics: Retail Predictions, Smart Retail Growth, Retail Industry, Analyzing Retail Sites, Site Selection Analysis, Sales Forecasting
What Does the Holiday Shopping Season 2023 Have in Store?
An Inside Look at What Some Retail Experts and Analysts are Predicting
The holidays are just around the corner, which is the most important season of the year for retailers across the country. Amid a confusing, ever-changing market with consumers and businesses holding their breath, many are wondering: how will spending look in 2023 compared to 2022?
Topics: Retail Predictions, Bricks and Mortar Retail, Analyzing Retail Sites, Sales Forecasting
Is Explosive Population Growth Good for Retail Development?
SiteSeer happens to be based in one of the fastest-growing metropolitan areas in the country. Earlier this year, we released our updated 15 Fastest-Growing Metropolitan and Micropolitan Areas blog post, and Boise came in #2 on the list of metro areas, jumping 3.15% from June 2018 to June 2020.
Topics: Retail Predictions, Smart Retail Growth, Tenant Rep Brokers & Developers Industry, Economic Development
Site Selection in the Era of Artificial Intelligence
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
Is it Time to Use Artificial Intelligence in My Retail Sales Forecasting?
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