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robfantasy 01-04-2005 12:21 PM

What national retailers are ESSENTIAL for a bustling city development
 
Situation = We have an area that has ALOT of potential, a bunch of clubs and restaurants, but we need some NATIONAL retailers. Its stale because its not getting any foot traffic.

This area needs to be bustling with pedestrians..

What are your suggestions for NATIONAL RETAILERS to solicit to.

DEMOGRAPHICS =

avg household income ~50k a year

245,000 population within a 5 mile radius

22% of that have income that exceeds 50k/yr

median age is 32.7 years

1/3 of residents hold white collar jobs above secretarial/administrative

24,300 college graduates which represents 15% of total population

20,000 residents currently enrolled in college

xclusive 01-04-2005 01:09 PM

walmart is what you need

Sly 01-04-2005 01:10 PM

I would probably say some type of department store. Something like Macy's or Kohl's.

TheMob 01-04-2005 01:13 PM

i don't think you need chains, you need a fucking sense of culture.

PerfectionGirls 01-04-2005 01:21 PM

Kinda depends... are you looking to develop a downtown area where people can shop and walk store to store or more like just some major retail?

If I was ona city development team, these are the four chains I would want cornering my downtown. One on each major corner a block to block in a half a part. Watch the small retail flock to that area and watch the foot traffic go nuts.

Starbucks
Coldstone Icecream Shops
Jimmy Johns Subs
M.J's Mongolian Barbaque

sickkittens 01-04-2005 01:24 PM

Read about the Rennaissance of Providence over the past 5-7 or so years.

TheMob 01-04-2005 01:30 PM

are chains really that important?

NickPapageorgio 01-04-2005 01:46 PM

Starbucks...

PerfectionGirls 01-04-2005 02:02 PM

Quote:

Originally Posted by TheMob
are chains really that important?

Nope, but you have to have these four staples:

Starbucks (Breakfest)
Jimmy Johns Subs (Lunch)
M.J's Mongolian Barbaque (Unique Dinner)
Coldstone Icecream Shops (Yummy Stuff)

All four of the above are very unique.. very casual, but considered upscale and interesting to all those thirty something folks. One of these on each of the four corners in your town... a block to block and a half apart will spark major retail interest and foot traffic. You wont have to go after them... they will find you. Seen it done in the town I live in. Three years ago the town closed at 6pm. (im not kidding) Now, its a wealth of foot traffic, fun little bars and great little retail stores and book shops. All very upscale, fitting his demographic to a tee. They are now putting in $500,000 condos above the little shops and stores that have opened up. It was a masterful city development plan... all starting with four little unique food chains.... covering each meal of the day.

Entropy 01-04-2005 02:03 PM

Maybe one Starbucks, but other than that go with locally owned.

robfantasy 01-04-2005 05:45 PM

starbucks is on the list

so is a barnes and noble

candyflip 01-04-2005 05:47 PM

I've notced a lot of Video Game stores popping up in strip malls and other places outside of your typical mall setup.


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