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HomeMy WebLinkAbout4.a. Buxton ContractKim I will be sending over a recap of our retail status call, but I wanted to give you the confirmation needed to help out in the Port Authority discussion on Tuesday. nd We are obviously excited to move into the 2 anniversary of the contract which includes continued support in retail recruitment efforts, especially through a refreshed analysis. This refresh will incorporate some very important make use of a totally redeveloped methodology that we feel increases the quality of the matches, and produces better market validation for the retailers. Last year, the foundation of the analysis reste Rosemount and retailers. This is still a cornerstone of our analysis, but we will go even further. Five key groups of variables pertinent for retail site selection in markets where a particular retailer currently has locations and will compare those results with characteristics present in the The five groups of variables mentioned are as follows: e - this metric identifies if there is a high presence of a retailers preferred customers living and working within the trade area. - highly specific demographic information pertaining to a retailer's concept is evaluated to ensure the best type of customer is present in the trade area. - and evaluated in terms of proximity and market share. - proximity to factors within a marketplace known to cause increased traffic volumes are measured. These include but are not limited to Large Retail Centers, Healthcare Facilities, Universities, Schools, etc. - the trade area and proposed retail site are evaluated for known road size, traffic volumes, and proximity to major thoroughfares. Additionally, we have updated all of our Match Reports and Pursuit Packages to reflect the changes one of the strongest new features is that it shows which Retail Locations your trade area matches the closest (Most Comparable Locations). Lastly, per our discussion, I have confirmed that once we receive the complete thumbs up from you nd Anniversary analysis to get in the best position possible to support you at ICSC. We certainly understand the time sensitive nature of getting the analysis complete, and setting meetings with the contacts for Vegas, so we definitely want to be the best partner possible in this regard. Also, one last point we will also have a presence in Las Vegas and, schedules permitting, will do everything possible to support you all in conversations at that convention. I hope this recaps our discussion and provides you This content, along with highlighting the success in Retail Outreach in recent months (Camp Bowwow especially) should go a long way to painting that picture of success. else I can do! Eric S. Brown Buxton Senior Account Executive (o) 817.332.3681 (c) 832.259.1299 (f) 817.332.3686 Connect with me on LinkedIn XYZ City XYZ Retailer Site Address:123 Main Street,Latitude:36.546748 BUDS:Suburban (3) Anywhere, USA Longitude:-82.560034 Trade Area:15 Minutes Trade Area Snapshot 70,939 (Pop): 47,325 Workplace Pop: 31,109 Households (HH): $36,514 HH 1.8% Pop Growth ('00 - '10): 0.1% Proj Growth ('13 - '18): 2.9% HH Growth ('00 - '10): 1.1% Proj Growth ('13 - '18): 43.8 Age: $23,101 Per Capita Proposed Site Scores AddressCityStateCustomerDemographicCompetitionArea DrawAccessibility XYZ CityXYZ CityUSA10287118108119 Scores Of Most Comparable XYZ Retailer Locations AddressCityStateCustomerDemographicCompetitionArea DrawAccessibility 1300 CENTRAL PARK BLVDFREDERICKSBURGVA969915396119 407 W COLISEUM BLVDFORT WAYNEIN100103190123121 5300 RIVERSIDE DRCLEVELANDOH97941619788 5935 CANAL RDVALLEY VIEWOH979317711982 3220 MID AMERICA DRCOUNCIL BLUFFSIA99931058872 5150 LIBERTY AVEVERMILIONOH979690107125 2651 South Polaris Drive • Fort Worth, TX 76137 • Phone: (817) 332-3681 • Fax: (817) 332-3686 • buxtonco.com