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WELCOME SCREVEN COUNTY

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WELCOME SCREVEN COUNTY

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    2. Georgia Retail Sales - To put in perspective, GA’s retail sales are approximately ½ of Walmarts total sales of $ 350 Billion annually. - To put in perspective, GA’s retail sales are approximately ½ of Walmarts total sales of $ 350 Billion annually.

    3. Median Age by County - Start off by offering $ 100 the person that can guess the Counties with the highest median age and lowest median age. - Start off by offering $ 100 the person that can guess the Counties with the highest median age and lowest median age.

    6. Retail Sales per Household

    7. Screven County Retail Sales (in thousands)

    8. Benefits of Retail Development

    9. Employment Benefits

    10. Community Benefits Orderly expansion of infrastructure improvements Water, sewer, roads, highways, gas, electric, cable and phone Stimulates other investment into areas not previously served. New retail outlets New housing New schools

    11. Community Benefits Infrastructure costs=$4 million Results in 540 new jobs created $10 million annual payroll Tax revenue of about $2 million, annually

    12. Dawsonville Outlet

    13. Tax Benefits Property Taxes Revenues go into County’s operating fund Business License Fees Helps insure businesses are operating in accordance with the law Sales tax keeps dollars in the community & spreads tax burden

    14. Tax Benefits

    15. Quality of Life Benefits Retailers provide indirect or behind-the-scenes support Scholarships Grants Philanthropic activities Complements existing services Create positive shopping environment Can assist in attracting new industries Provide new services and products not previously available

    16. Retail Site Selection The retailer The developer Mall developer Outlet mall developer Industrial developer Multifamily developer Office building developer Mixed-use developer Hotel developer Shopping center developer The broker Brings value to retailer & developer through relationships Here is where I like to talk about good retailers. Chic-fil-a comes to mind. Here is where I like to talk about good retailers. Chic-fil-a comes to mind.

    17. Retail Site Criteria Demographics Population density Income Socio-economic and growth trends Competition analysis Traffic flow and access - Newspaper costs can add up quickly for a retailer who’s just entered into a new market. To build name recognitition, it costs a lot of money to enter a new market. If the newspaper owns papers in markets where the retailer currently operates, then maybe the retailer can get a break in a new market. - Newspaper costs can add up quickly for a retailer who’s just entered into a new market. To build name recognitition, it costs a lot of money to enter a new market. If the newspaper owns papers in markets where the retailer currently operates, then maybe the retailer can get a break in a new market.

    18. Five-year Population Growth

    19. Growth Trends

    20. Growth Trends

    21. YUM! Brands Inc.

    22. Retail Site Criteria Visibility and signage Must be appropriate to get proper exposure A need must exist for goods and services Nordstrom, Neiman Marcus, Harris Teeter; not ideal for all markets Must have right site Good accessibility Can the retailer make a profit at this location This the bottom line state for all parties involved

    23. Median Household Income

    24. How to Attract New Retail Visit communities similar to yours Contact developers, brokers & retailers Get involved with ICSC Other resources Directory of Leading Chain Stores Directory of Hotel Developers

    25. Community Retail Brochure - Helps establish a central point of contact for the community when promoting your community- Helps establish a central point of contact for the community when promoting your community

    26. Trends Market Psychology Government Influence Eminent Domain Incentives Community redevelopment restrictions Tax holidays Opportunity Zones Georgia’s population growth --

    27. Trends Continued decline of the mom-and-pop retailer Supremacy of the discount store chains—Wal-Mart tops Fortune 500. Retailers are increasingly expanding through acquisitions of existing companies: Darden Restaurants and RARE Hospitality: IHOP and Applebee’s

    28. Trends Technology evolution in the consumer electronics marketplace Down selling. Bottom half of wage earners earnings are stagnant. Retailers branding in-house, value-priced products i.e. blue jeans Grocery’s promote private label brands Easy availability of consumer credit

    29. Trends Dwindling appeal of the major mall. Shoppers prefer power centers or downtown specialty districts. Entertainment as a major draw to the retail environment. Market categories continue to merge as retailers reach for revenues

    30. Trends Internet sales continue to grow. Traditional bricks and clicks find success; allows more consumer choice Repositioning and reinvention of the wholesale distribution industry. Continuous changes in demographics, tastes and fashions. The world of the consumer is always dynamic.

    31. Trends in 2010 3D TV Slow beverages Electric Car Networks Electronic Libraries Green Movement Mobile Ticketing Customized Pharmaceuticals

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