Retaining Retail Stores and Customers in the Community
Retail markets are changing dramatically. Mobile customers, big box stores, and global markets challenge local retailers to stay competitive. Our programs help local businesses and business leaders maintain a competitive retail marketplace.
What we do
- Market Area Profiles organize data from many sources into a comprehensive description of who shops in a community, their purchasing power, life style, media habits, and more.
- Retail Trade Analysis shows how well your town attracts retail customers compared to other communities. It helps communities like yours assess strengths and opportunities for their businesses.
- Downtown Market Analysis is an online guide to help business leaders, entrepreneurs, developers, and economic development professionals understand the changing marketplace and find realistic opportunities for their communities. This toolbox is a self-help resource for small cities of less than 100,000 population. It was created by University of Minnesota Extension Community Economics educators with colleagues from Ohio State University and University of Wisconsin.
- e-Marketing – The Internet can bring new visitors, residents, workers and entrepreneurs to town. It can give new life to existing businesses by expanding markets. It can put your community on the map and create new connections in and among communities.
Retail Analysis and Development news
- 2010 census release continues — with changes
- Data-informed decision making helps communities thrive
- Chamber offers first in series of seminars for local businesses, nonprofits
- Local retail stores pulling in customers
- SOURCE Magazine: Helping retail succeed in Minnesota
In this video Bruce Schwartau, Community Economics Educator, describes greater Minnesota's retail economy — yesterday and today.