COVID-19 Correlations & Observations for Retailers, Real Estate Professionals

Posted by Sam Lowder on Apr 28, 2020 4:05:13 PM

Our business is helping companies turn data into insights.  And we can’t help but wonder: what does the data show when it comes to where coronavirus is most prevalent?

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Topics: Smart Retail Growth, Data Study, Retail Site Selection, Data Quality, Coronavirus

How Do You Maintain Momentum if Your Business is Winning Right Now?

Posted by Sam Lowder on Apr 24, 2020 7:20:00 AM

Coronavirus has changed the way we live, work, shop and interact—and most of us are wondering how life will ever return to normal.

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Topics: Retail Data Analysis, Retail Industry, Retail Site Selection, Site Selection Software, Coronavirus

Retail and Coronavirus: Observations and Planning Ahead

Posted by Sam Lowder on Mar 27, 2020 5:45:00 AM

It’s an interesting time to be alive, that’s for certain!

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Topics: Improving Store Locations, Retail Industry, Retail Site Selection, Site Selection Software, Coronavirus

What’s Going on with Natural Organic Grocery Chains?

Posted by Sam Lowder on Feb 25, 2020 5:00:00 AM

If you’re at all connected to the grocery business, you’ve probably seen the headlines about natural and organic grocery chains closing their stores:

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Topics: Retail Industry, Retail Site Selection, Site Selection Software, Restaurant Site Selection

How to Study Your Competition During Your Site Selection Process

Posted by Sam Lowder on Jan 29, 2020 3:49:31 PM
Step #3 in our Site Selection Checklist for making smart site selection decisions is study your competition.

Too often, we see companies do lots of homework on their customers and trade area and launch right into an expansion plan. Understanding your customer is indeed vital to your success as you grow. But there’s another side of the equation that is extremely important: understanding who you’re going up against.

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Topics: Market Research, Retail Industry, Retail Site Selection, Site Selection Software, Restaurant Industry, Restaurant Site Selection, Competitive Analysis

A Look at Retail’s Renaissance in 2019, Per IHL Group

Posted by Sam Lowder on Jan 14, 2020 10:14:00 AM

There are two scary words that nobody in the retail industry likes to hear: retail apocalypse.

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Topics: Smart Retail Growth, Retail Apocalypse, Data Study, Bricks and Mortar Retail, Retail Industry, Retail Site Selection

4 Best Practices in Site Selection

Posted by Sam Lowder on Dec 2, 2019 4:45:00 AM

Every day, we talk with retail companies, franchise organizations, and other businesses that want to select sites that give them the best potential for profitability and success. Here’s the stark truth: most companies have room for improvement when it comes to site selection. And as we all know, hindsight is 20/20. It’s very easy to think back and wish that you knew certain things about a site when you chose it. While you should be wary of any company that promises a methodology or tool that sounds a lot like a crystal ball, there are certain things you can do to choose better sites in the future and minimize costly mistakes.

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Topics: Retail Industry, Tenant Rep Brokers & Developers Industry, Retail Site Selection, Artificial Intelligence, Analyzing Retail Sites

How to Get to Know Your Customer Before Choosing a Location

Posted by Sam Lowder on Nov 19, 2019 5:15:00 AM

Site selection done right requires many things, but at the top of the list is knowing your customers.

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Topics: Demographic Data, Retail Site Selection, Data Quality, Restaurant Site Selection

Site Selection 101: A Checklist

Posted by Sam Lowder on Oct 30, 2019 5:15:00 AM

Site Selection Checklist for Growing Retailers, Restaurant Chains, and Franchises

When you’re trying to grow your business through expansion, it’s essential to do so methodically and intentionally. You’ve probably heard before that even one bad location can prevent your retail business or other chain business from reaching its full growth potential—or worse, kill your business entirely. That’s why investing in site selection when you’re expanding is critical. But how do you approach the task diligently? Here’s a checklist to guide your site selection decision:

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Topics: Retail Site Selection, Site Selection Software

Site Selection, AI Modeling, and Unrealistic Expectations

Posted by Sam Lowder on Oct 18, 2019 5:00:00 AM

Maybe you’ve seen companies making bold claims about their site selection software lately.  Thousands of sites accurately forecasted…in mere seconds! If you’re wondering whether technological advancements have replaced the analyst and single-site sales forecasting, allow us to put it simply: no.    

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Topics: Retail Industry, Retail Site Selection, Site Selection Software, Artificial Intelligence, Analyzing Retail Sites