Knowing and growing retail trade

Examine your community's retail economy

Retail markets are changing, and local retailers are challenged to stay competitive. Extension helps local businesses and community leaders maintain a competitive retail marketplace.

How we help

Extension's community economics educators create customized research reports that help your community know and grow the local retail economy. We'll present our findings and generate discussion that stimulates local action.

We can help your community obtain information on the following:

• Market area profile: Who's shopping in your community? Knowing the answer to this question will help you meet customer needs and increase revenue. Learn about market area profiles
• Retail trade: Our customized analysis will reveal your retail strengths and weaknesses. Use these reports to plan and strengthen the local marketplace. Learn about retail trade analysis

Resources for retail development

Our online resources help communities think about the future of their retail sector.

• Downtown market analysis: This online guide helps you understand the changing marketplace. It also provides realistic opportunities for your community.
• Rural grocery stores: Extension has researched the needs and concerns of rural grocery stores.
• Business and marketing tools Increase your profit when selling farm products (PDF)
• Assess demand for a proposed business in your community
• Where do your community's customers come from

News and articles

Read retail-focused news and articles from Extension.

• Study examines Minnesota’s changing retail economy
• Walmart communities find there is room for more: Walmart has changed the retail landscape in Greater Minnesota. What kind of businesses can thrive alongside the discount retailer?
• Good data is good retail therapy for Minnesota's communities
• Taking care of (existing) business — a community approach
• Digging into the dynamics of Greater Minnesota's economy