Based on the 2017 Fairview Retail Market Analysis the following graph and table summarize the Demand Forecast for Retail in Fairview. The complete report can be found at www.heartofthepeace.com under “Why Fairview & Area”. The report explains that consumers now value uniqueness and they are quick to switch their brand allegiance. These emerging trends require new developments that are adaptable and flexible, which can stay relevant and retain their consumer base.
The Economic Development Committee is looking for those that are interested in small retail space opportunities on main street ranging from 200 ft² to 1000 ft². If this is of interest to you please contact Daryl Greenhill at 780-835-5461.
|Merchandise Category||Estimated Retail Sales (inflow)||Potential Net Future Retail Floorspace Demand ft²|
|Grocery & Specialty Foods||$18,393,606||8,875|
|Clothing & Apparel||$2,492,208||691|
|Jewelry & Accessories||$795,483||221|
|Health & Beauty||$1,664,537||462|
|Home Furnishings & Accessories||$1,088,059||2,040|
|Home Electronics & Appliances||$949,850||307|
|Home Improvement & Gardening||$4,035,879||1,306|
|Books & Multimedia||$646,371||209|
|Sporting Goods & Recreation||$404,639||112|
|Toys & Hobbies||$461,131||149|
|Entertainment & Leisure||$767,237||372|
|Auto Parts & Accessories||$5,596,629||1,087|