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Retail Site Selection 6 Steps to Choosing the Right LocationRetail Site Selection 6 Steps to Choosing the Right Location Kelly C. LaughtonLEGAL DISCLAIMER No part of this e-book may be reproduced
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Retail site selection is the process of choosing locations for retail stores or outlets based on factors such as demographics, competition, traffic patterns, and customer preferences.
Retail site selection is typically done by retail companies or businesses looking to open or expand their physical locations.
Filling out a retail site selection involves conducting thorough research on potential locations, analyzing data and trends, and making informed decisions based on the findings.
The purpose of retail site selection is to maximize the chances of success for a retail store by choosing a location that will attract the target market, drive sales, and provide a competitive advantage.
Information that must be reported on retail site selection typically includes demographics of the area, competition in the vicinity, traffic patterns, zoning regulations, and potential customer base.
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