The following article provides information for downtown businesses interested in strengthening their relationship with their customers. These strategies can be especially useful to local independent businesses facing intense competition for major chain and big box retailers on the edge of town. Read the entire article. (PDF, 2 pages)
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An assessment of market supply and demand by retail category can be conducted by community leaders to evaluate their community’s retail growth potential. This article provides a step-by-step assessment guide with recommended tools to complete the analysis.
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There are now approximately 400 outlet centers nationwide. Experts predict that the industry will continue to grow through the year 2000 and outpace traditional shopping center growth. This article describes the outlet retail segment, the typical outlet consumer, and its implications for local economic development.
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According to Christy Fisher, author of “City Lights Beckon to Business,” more businesses are finding success in the inner city by catering to the needs of the under-served population. This article discusses inner-city retail opportunities and summarizes how a recent UWEX study quantified market demand for a new grocery store in the central part of Racine.
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Until recently, most towns with less than 2,000 people were too small to support a franchised restaurant outlet. This article looks at the benefits of co-branding for fast food franchisers and convenience store or gasoline stations.
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Strategies for Small Retailers
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Strategies for Small Retailers
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Throughout our state, the debate over low-density suburban growth (or “sprawl”) continues to intensify. While much of the discussion has focused on traffic congestion, loss of open space, pollution, crowded schools and higher taxes, less has been said about the impact on the retail community. Specifically, from a community economic growth perspective, what are some […]
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