Smart retailers know that site selection done right is a comprehensive process. We’ve written before on this blog about the importance of site selection that involves both site screening and site forecasting. This methodical approach helps reduce the risks of:
Topics: Smart Retail Growth, Retail Site Selection, Site Selection Software, Analyzing Retail Sites, Site Selection Criteria
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.
Topics: Retail Predictions, Smart Retail Growth, Retail Industry, Analyzing Retail Sites, Site Selection Analysis, Sales Forecasting
For as much as we all hear about the tumultuous retail landscape, there are plenty of positive signs:
Topics: Smart Retail Growth, Retail Trade Area, Retail Industry, Site Selection Software, Analyzing Retail Sites, Competitive Assessment Tool
As 2022 comes to a close and SiteSeer clients are looking toward and planning for 2023, we wanted to revisit a topic we’ve discussed on the blog in years past: which retail categories grew and shrunk (physical stores/locations) during the year (to date). To refresh your memory, we first analyzed data on store openings and closures for 2020, and then again for 2021 (or more accurately, January-October 2021).
Topics: Smart Retail Growth, Data Study, Retail Site Selection, Site Selection Criteria, Site Selection Checklist
In the grocery industry, like many retail industries, there’s no room for error when it comes to opening new locations. Before you invest time, energy and financial resources into the opening of a store, you need to analyze that site thoroughly and understand its sales potential.
Topics: Smart Retail Growth, Retail Site Selection, Grocery, Single Site Studies, Supermarkets
Topics: Smart Retail Growth, Real Estate Analytics Tool, Improving Store Locations, Site Selection Software, Case Study
Today’s consumer is used to being able to shop any way they like: from their phone or computer or in person at a brick-and-mortar store. Now, they are even accustomed to buying online and picking up (or buying online and driving up to pick up).
Topics: Smart Retail Growth, Omnichannel Retail, Retail Site Selection, Site Selection Software, SiteSeer Professional Services
No matter what business you’re in, understanding both supply and demand is essential. If you’re a chain business that is expanding your store base, you’re doing so under the assumption that what you have to sell is in demand. In other words, your product or service is not only appealing to consumers, but there is room for more of it in the marketplace. But what does that mean? Is there truly untapped demand and if so, how do you measure it?
Topics: Smart Retail Growth, Real Estate Analytics Tool, Market Research, Competitive Analysis
Back in February 2021, we wanted to take a look at the year 2020 and figure out what retail categories did well (grew) and which ones struggled (shrunk). The year started off as many years do and then when the World Health Organization declared the coronavirus outbreak to be a global pandemic on March 11th, life as we all know it changed forever.
Topics: Smart Retail Growth, Data Study, Retail Site Selection, Site Selection Software
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
