Howard County Economic Development Authority’s Post

This is going to continue happening if we don't support the local businesses in our communities. Corporations drive out competition by making prices low but then when the competition is gone they control the pricing. As history shows they will also ship jobs overseas where they can utilize lower wages, less regulations, and tax evasion methods. 🙏♥️✝️ #ShoppingSmall #SupportingLocal #StrongerCommunities

H-E-B's strategic growth in #DFW is something to watch. 📈 Breaking ground in #Euless and #Murphy, these stores are set to bring hundreds of jobs and much-needed services to growing areas. It’s clear that H-E-B listens to its communities and delivers what they want, showing why it’s one of the most beloved and forward-thinking #grocery chains. These new locations will not only meet the growing demand but also bring jobs, innovation, and a spark to the local economies. With its ability to identify growth markets, work closely with local leaders, and deliver exceptional stores, H-E-B is setting a new bar for retail in North Texas. What impact do you think these new locations will have on the competitive landscape? RetailUnion https://hubs.la/Q02ZDyR40

Here's something you don't see nearly enough in retail at the moment ... cleaning. So massive kudos to Next in Martlesham today. It's all too easy when times are tough to cut hours in the shops and cleaning hours are often the first to go. Standards in some national retailers aren't good enough right now and that gives shoppers another reason to shop on line. This week I've been talking in the media about the very real impact of the budget on retailers operating models the challenges on store hours are only just beginning. #retail #retailoperations #standards

'John Lewis hails turnaround effect as Waitrose sales help narrow losses 📈💰 #JohnLewis #Waitrose #RetailNews #BusinessTurnaround. For more data insights 📊, check out databoutique.com, the largest source for public data that helps understand the news in retail! 🛍️🌐' by Financial Times about John Lewis & Partners

Here's something you don't see nearly enough in retail at the moment ... cleaning. So massive kudos to Next in Martlesham today. It's all too easy when times are tough to cut hours in the shops and cleaning hours are often the first to go. Standards in some national retailers aren't good enough right now and that gives shoppers another reason to shop on line. This week I've been talking in the media about the very real impact of the budget on retailers operating models the challenges on store hours are only just beginning. #retail #retailoperations #standards

With shoplifting incidents increasing—14% in Atlanta and 24% in 23 major cities this year—retailers face mounting challenges during the holiday shopping season. Businesses like Refresh Atlanta are investing heavily in security after facing significant losses, but balancing safety with a welcoming shopping experience remains critical. Experts emphasize the need for better crime data to address these trends effectively. For communities, the impact is broader, affecting pricing and local economies. Retailers and shoppers alike are urged to prioritize positive actions to mitigate these issues. (SOURCE: 11ALIVE) #HawqueProtectionGroup #ShopliftingPrevention #RetailSecurity #CommunityImpact

Stores should stop trying to compete on e-commerce’s turf and focus on the sensory details and customer service unique to brick and mortar, says WD Partners’ Lee Peterson. https://lnkd.in/g86e2gAc

🌟 Discover the Roots of Grocery Shopping! 🌟 Join me on a journey back to 19th-century America, where general stores were the heart of every community. Explore how these humble shops laid the foundation for modern grocery stores. 📽️ Watch the full video here: https://lnkd.in/g385xbcJ 👉 Contact me to learn more about investing in our grocery-anchored real funds. #GroceryStores #RealEstateInvestment #History #TriLandProperties #AccreditedInvestors

Holiday shopping will look a whole lot different this year as U.S. retailers continue to drop like flies. The current economy is choking the life out of several iconic retail chains given that the higher cost of basic goods and services is forcing consumers to spend less. At the same time, the cost of running a business continues to climb, and disappointing sales numbers are putting many companies at risk of going bankrupt in the coming months. Have you noticed that empty storefronts are becoming far more common than they have ever been before? So far this year, big retailers already closed more than 4,000 locations. Industry experts estimate that figure will double by the end of 2024. They believe store closures will be 40% higher than they were in 2023. That will result in approximately 8 million square feet of vacant retail space across the U.S.

Local Data Company do we think it is self defeating to have too many of one business type within a few shops/metres of one another? Two recent examples which I’ve witnessed are ‘Coffee Shops’ in Fleet, Hampshire and ‘Barber Shops’ on the Uxbridge Road in West Ealing. Both very common business types I know across todays retail landscape but is it really the right approach and should it be encouraged?