Retailers like Best Buy, Kohl's and Apple evidently think the market is looking up, and are planning to open new stores. But, Retail Traffic Magazine reports, retailers are going to be a lot pickier about site selection this time around.
Retail Traffic Magazine says that retailers are demanding more accurate, timely demographics and market information.
"Another factor of site selection that has been going through profound changes recently is the relationship with other retailers within the same trade area. Sophisticated retail operators have always tried to capitalize on any existing synergies with other chains and avoided cannibalization by not opening stores in close proximity to direct competitors. But the retail landscape has changed so much recently, with some long-term players filing for bankruptcy and others closing hundreds of stores, the remaining retailers have had to re-think who they'd like to have as neighbors, says [Keith Peterson, general manager of ElementOne analytics program with TARGUSinfo, a Vienna, Va.-based site selection firm]."
FULL STORY: Forced to Count Every Dollar, Retailers Re-evaluate Site Selection Practices
Retail Openings Outpace Closures in 2021
An estimated 20 percent of the stores to open so far in 2021 are Dollar Generals.
The Pandemic Baby Bust
The economic uncertainty of the pandemic has added to already declining birth rates in a troubling sign for the future of the American economy.
Long-Delayed $5 Billion American Dream Mall Opens
It took 17 years and no small amount of public ridicule as it sat dormant in the New Jersey meadowlands, but a small portion of the American Dream mall is now open to the public.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.
Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.
Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.
MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.
Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
City of Fort Worth
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie