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July 22, 2020 by [post_author_posts_link_outside_loop]

Retail Resource

5 Adjustments You Need to Make to Attract Retail

Retailers and consumers are quickly adapting to our new normal and it is imperative that your community quickly adapt too.

For many of our city partners this pandemic has shifted trade areas and produced new needs within their marketplace. Additionally commercial real estate assets are continuing to adjust in price, availability, and restrictions.

While the retail world is undoubtedly changing, the number one goal of retailers remains the same – to make a profit. It is imperative that you understand how to position your community in this new normal.

In this report, we outline five key steps city leaders need to take now:

  1. Update your data and story
  2. Real estate asset update
  3. Redefine the service gaps in your market
  4. Continue small business support
  5. Prioritize retail

Download the report.

A guide to best practices for community retail recruitment.

Filed Under: resource Tagged With: commercial real estate experts, community revitalization, retail development, retail recruitment

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