Retail Trade Analysis
Retail Trade Analysis is an important new tool for strengthening your local marketplace. This program will:
- Provide accurate local sales data.
- Help your community plan for business expansions or recruitment.
- Compares your community to others.
- Helps you to assess strengths and opportunities for your local businesses.
Analysis Leads to Understanding
How healthy is retail in your community? A Retail Trade Analysis quickly provides a historical report that helps you:
- Know your community’s actual retail potential.
- Learn which retailers are attracting shoppers to your town.
- Learn what your community’s retail opportunities are.
- Find out which businesses are drawing shoppers away from your town.
- Understand your town’s pull factor, what it means, and why it matters!
Analysis Leads to Retail Opportunity
Your community can use this Retail Trade Analysis to:
- jump-start a retail trade improvement plan.
- check-up on your existing retail plan.
- help local businesses.
- attract new businesses.
- survive the big box retailers along with Small Stores Success Strategies
An important business development tool, Retail Trade Analysis is affordable and available to Minnesota’s communities through Extension.
What you will receive
Each community that purchases the
Retail Trade Analysis will receive a printed report for their community and county, a digital presentation file, a computer file from which to make additional copies of the report.
Each individualized report will:
- define the pull factors available to your community.
- describe your community’s current local retail market
- evaluate your retail trends
- show how your community compares to others
- evaluate how your actual sales compare to your sales potential!
See a sample Retail Trade Analysis Report for Sampletown & Anoka County, Minnesota
Are your residents shopping locally? See Minnesota maps of actual retail sales
The Retail Trade Analysis program is available to all Minnesota counties and cities with populations greater than 5,000. Contact a regional Extension educator today to find out more.
