When a retailer decides to open a new store, one of the most pivotal decisions is location. The age-old debate between choosing a high street or a shopping mall continues to challenge retail expansion teams. While both formats offer visibility, footfall, and brand recall, they also come with distinct risk profiles. Understanding these risks and […]
Retail success isn’t just about choosing favorable retail locations; it also involves taking a step back to understand when a market is saturated and when it still holds potential. This article explores the importance of market saturation analysis and how it guides profitable retail expansion. What is Market Saturation Analysis in Retail? Market saturation occurs
In today’s fiercely competitive business landscape, staying ahead means not only understanding your customers, but also keeping a close eye on your competitors. Traditional methods of gathering competitive intelligence—such as surveys, audits, or third-party reports—tend to be slow, static, and often out of date. That’s where location data comes into its own. Real-world, real-time, and
Decoding the foot traffic vs sales conundrum for a retail store. Why does high foot traffic not always translate to higher revenue? It’s a common belief: if people are walking past your storefront all day, sales must follow. However, experienced retailers know that visibility doesn’t always translate into profitability. While footfall is a visible, easy-to-measure
Opening a store in a mall involves a multifaceted approach. Read and the learn the factors to consider while opening a store in a mall in 2025!
Finding underserved markets is a daunting task but it holds ample benefits for the store. Read and learn how you should find one and why in 2025!
