Retail & Market Opportunity Stats

May 15

Written By Casey Hancock

Total retail leakage opportunities:

Groceries: $32.2 million in annual leakage
Restaurants/Dining: $26.7 million in leakage ($11M full-service, $2.5M limited-service)
Clothing & Specialty: $34.7 million in leakage
Motor vehicle and parts demand projected to grow $18.2 million by 2029
Total retail trade demand projected to grow by $53 million by 2029

Supportable new business footprint:

Conventional grocer: 38,000 SF supportable
6–12 new full-service restaurants supportable at 60% capture rate
$4.5M family retail and $7M shoes/jewelry/sporting goods at modest 40% capture

Casey Hancock

Nerd by birth; chemist by training. Self-employed IT Consultant by trade. So, yeah, nerd.

Other interests include food, wine, technology, animals, design, and wine. I grew up in Hartsville, SC, and went to Clemson University for college. Eventually, I returned to Hartsville to work and live.

https://caseyhancock.com