Retail Strategies to encourage retail development
by Terry L. Jones, The Advocate, February 18, 2020 [link]
North Baton Rouge, LA – The Baton Rouge North Economic Development District is getting some outside help from an Alabama-based firm that specializes in attracting retail businesses to distressed communities.
An important component of the work Retail Strategies will do is conduct research to determine how much north Baton Rouge is losing annually in consumer spending because of the lack of quality retail in the area, forcing its residents to travel to other parts of the city for their purchases.
William Turnley, portfolio director for the firm, said the leakage report is just one facet of the work they’ll do for the economic district. The data they cull for that report will serve as a tool to attract businesses and create jobs in north Baton Rouge.
The firm will also conduct real estate analysis and knock on doors to gain a better understanding of the community’s needs.
Retail Strategies is the most trusted partner for communities when recruiting businesses.
We go beyond market data by offering unmatched retailer access and real estate expertise.