Category Archives: Part 4: Store Location Planning

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

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