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COLLEGE STATION
RETAIL RECRUITMENT STRATEGY
RETAIL RECRUITMENT STRATEGY
BACKGROUND
SERVICES PROVIDED
COVID-19 PIVOT
2021 FORECAST
BACKGROUND
 The Retail Coach Partnership started in 2015
 International Council of Shopping Centers membership
and trade show attendance
 Launched economic development website (grow.cstx.gov)
 Commercial preservation projects
 South College Station secondary market
 All Up In Your Business Podcast
 Growth
THE RETAIL COACH
 Partnered with College Station since 2015
 Analysis and understanding of the College Station Market
(Retail Trade Area, Demographics, Retail Demand, etc.)
 Building relationships with existing property owners and brokers
in College Station
 Aggressive outreach to prospects, via email, phone calls, and trade
show representation
 Trade Show Representation: ICSC Recon, ICSC Deal Making
and Retail Live
 Successes: Another Broken Egg, Conns, Dunkin, Five Below,
HomeGoods, Krispy Kreme, Lululemon, Snooze, Dutch Bros,
and more
SERVICES PROVIDED
 Retail Prospect Outreach and Recruitment
 Maintain knowledge of current site inventory
 Connect retail prospects with potential site matches
 Highlight Retail Market Profile & feature available retail sites
on grow.cstx.gov
 Facilitate introductions and meetings with city staff
 Foster relationships with developers, brokers and site owners
 Highlight retailers on podcast and in news interviews
COVID-19 PIVOT
 Shifted focus to retaining retail businesses in addition to
recruiting
 Economic Assistance Grant
 Health Reimbursement Grant
 Bridge Loan Program
 Bandit Signs
 Holiday Shopping Campaign “Shop College Station”
 Backfilling vacant space
 Continued retail recruitment
NATIONAL 2021 FORECAST
 2020 Holiday Sales were up four percent over 2019.
This growth is expected to continue.
 Retail expected to be back in full force no later than June of 2021
 Emerging trends:
 Expanded drive-thru options
 Expanded patio seating
 Expanded curbside pickup
 New emerging brands
 Influx of available space due to store closings
 Growing retail sectors include: home improvement, sporting
goods,
grocery, health and personal care stores, furniture, general
merchandise
LOCAL 2021 FORECAST
 New team member - Stacey Vasquez
 Fusing tourism with retail - ensuring the biggest
sales tax impact from visitors
 Launching retail Business Retention & Expansion (BRE)
program
 Focus on backfilling vacant space
 New brands entering the market- Buff City Soap, Lucchese
Bootmaker, Rush Bowls
 Continued growth in South College Station, to include
Midtown Business Park Commercial
Retail Recruitment Strategy

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Retail Recruitment Strategy

  • 2. RETAIL RECRUITMENT STRATEGY BACKGROUND SERVICES PROVIDED COVID-19 PIVOT 2021 FORECAST
  • 3. BACKGROUND  The Retail Coach Partnership started in 2015  International Council of Shopping Centers membership and trade show attendance  Launched economic development website (grow.cstx.gov)  Commercial preservation projects  South College Station secondary market  All Up In Your Business Podcast  Growth
  • 4. THE RETAIL COACH  Partnered with College Station since 2015  Analysis and understanding of the College Station Market (Retail Trade Area, Demographics, Retail Demand, etc.)  Building relationships with existing property owners and brokers in College Station  Aggressive outreach to prospects, via email, phone calls, and trade show representation  Trade Show Representation: ICSC Recon, ICSC Deal Making and Retail Live  Successes: Another Broken Egg, Conns, Dunkin, Five Below, HomeGoods, Krispy Kreme, Lululemon, Snooze, Dutch Bros, and more
  • 5. SERVICES PROVIDED  Retail Prospect Outreach and Recruitment  Maintain knowledge of current site inventory  Connect retail prospects with potential site matches  Highlight Retail Market Profile & feature available retail sites on grow.cstx.gov  Facilitate introductions and meetings with city staff  Foster relationships with developers, brokers and site owners  Highlight retailers on podcast and in news interviews
  • 6. COVID-19 PIVOT  Shifted focus to retaining retail businesses in addition to recruiting  Economic Assistance Grant  Health Reimbursement Grant  Bridge Loan Program  Bandit Signs  Holiday Shopping Campaign “Shop College Station”  Backfilling vacant space  Continued retail recruitment
  • 7. NATIONAL 2021 FORECAST  2020 Holiday Sales were up four percent over 2019. This growth is expected to continue.  Retail expected to be back in full force no later than June of 2021  Emerging trends:  Expanded drive-thru options  Expanded patio seating  Expanded curbside pickup  New emerging brands  Influx of available space due to store closings  Growing retail sectors include: home improvement, sporting goods, grocery, health and personal care stores, furniture, general merchandise
  • 8. LOCAL 2021 FORECAST  New team member - Stacey Vasquez  Fusing tourism with retail - ensuring the biggest sales tax impact from visitors  Launching retail Business Retention & Expansion (BRE) program  Focus on backfilling vacant space  New brands entering the market- Buff City Soap, Lucchese Bootmaker, Rush Bowls  Continued growth in South College Station, to include Midtown Business Park Commercial