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Town of Little Belfast Facts Population: Town Financials:Town population (May 2017): 36,894 Estimated 2016 Retail Trade Area population: 165,587 Projected 2021 Retail Trade Area population: 203, 780
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Projected retail trade area is the geographical area from which a retail establishment expects to draw customers and generate sales.
Retail establishments are required to file projected retail trade area.
Projected retail trade area can be filled out by providing information on the expected customer base, competition, market trends, and sales projections.
The purpose of projected retail trade area is to help retail establishments understand their market potential and make informed business decisions.
Information such as demographics, psychographics, competition analysis, and sales forecasts must be reported on projected retail trade area.
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