The Lynchburg Office of Economic Development has recently secured Retail Strategies, a leading national advisory firm focused on retail market analysis, strategic planning and retail recruitment and development. This summer, Retail Strategies conducted a complete retail audit and market analysis of the City of Lynchburg. They presented their initial findings and recommendations to a gathering of Lynchburg commercial property owners, realtors and developers on Monday, September 22nd.
The information and analysis provided by Retail Strategies is available to commercial property owners, realtors and developers by contacting the Office of Economic Development. Available information includes:
Demographic reports
- Detailed Demographics
- Age by Gender
- Age by Income
- Household Wealth
- Income and Disposable Income
- Consumer Behaviors
- Consumer Attitudes
Tapestry Segmentation Analysis
- Tapestry Segmentation represents the fourth generation of market segmentation systems that began more than 30 years ago. The 65-segment Tapestry Segmentation system classifies US neighborhoods based on their socioeconomic and demographic compositions. The power of Tapestry Segmentation allows you to profile consumers and constituents.
Peer Analysis
Retail Spending Reports
- Consumer Expenditures
- Consumer Attitudes
Retail Gap Analysis
Retail Void Analysis
Retail Strategies is also available to provide additional analysis upon request. The firm has developed a full property catalogue of Lynchburg and will provide prospect reporting and representation to national retailers and developers.
Please contact Anna Bentson in the Office of Economic Development to request access to the Retail Strategies resources at anna.bentson@lynchburgva.gov.