Category Archives: Part 4: Store Location Planning

This sub-category encompasses trading-area analysis and site selection.

Which Retailers Have the Most Stores in the United States?

There are various ways to determine the “top” retailers in the United States, such as based on sale volume or annual sales growth. Another way is by the total number of stores. The chart below, with data compiled by the … Continue reading

Posted in Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 8: Putting It All Together | Tagged , , , , | Leave a comment

Observations from 234 Entrepreneurs!

We can learn a lot from successful entrepreneurs in terms of how to start a business, how to scale a business, and how to stay inspired. Recently, Tracey Wallace published (for Big Commerce) “234 American Business Owners on Starting, Scaling, … Continue reading

Posted in Career Useful Information, Careers in Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 6: Merchandise Management and Pricing | Tagged , , , , , , | 1 Comment

Retail Data by World Region

Retailing performance varies greatly around the world. Let’s take a look at some highlights by region: most  expensive retail location, most  affordable retail location, strongest retail growth, biggest retail decline, and proportion of retail growth. The following charts were developed by … Continue reading

Posted in Global Retailing, Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , | 1 Comment

Retail Stores Are Thriving Here!

Despite the tough times that many retailers are having with their brick-and-mortar stores, there are still some highly desirable, premium retail store locations — with the rents to prove it! 🙂 As reported by Dyfed Loesche for Statista:  “When it comes … Continue reading

Posted in Global Retailing, Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , | 1 Comment

How Over-Saturated with Retail Space Is the U.S.?

As we have noted before, it has been a tough several years for physical U.S. stores as more shoppers head online. Thus,  this is a good first question: How over-saturated with retail stores is the United States? And the follow-up … Continue reading

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In-Store Pickup Playing a Bigger Role

Bricks-and-clicks retailers are finding that many shoppers like the convenience of ordering online and picking up merchandise in the store rather than waiting for shipping. According to Kibo (formerly Shopatron): “When it comes to satisfying consumer fulfillment expectations, the ability … Continue reading

Posted in Online Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , | 1 Comment

Targeting Millennials? Consider Where They Live

As we know, millennials have surpassed baby boomers as the largest demographic age group in the United States. Yet, many people in this massive and influential group are having a complicated time with their careers and lifestyles. According to Richie … Continue reading

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