How Businesses Decide Exactly Where to Set Up Shop

02/05/24 • 53 min

2 Listeners

We know that companies think carefully about where they open stores. They might look at things like how many people pass by the location on a day-to-day basis or how easy it is to access the site by car. But what are the lesser known factors that go into deciding where to open a brick-and-mortar store? And how have these considerations changed over time? In this episode, we talk about the art of retail site selection. We speak with Tom McGee, CEO of the International Council of Shopping Centers, which annually hosts one of the biggest deal-making events connecting retailers and commercial real estate owners. Then, we drill down into a specific type of business: drive-thrus for coffee chains and fast food restaurants. We speak with Chris Hatch, partner at Forza Development.

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Odd Lots - How Businesses Decide Exactly Where to Set Up Shop

Transcript

Speaker 100:00:10.839

Hello, and welcome to another episode of the Odd Thoughts Podcast. I'm Tracy Alloway and I'm Jill wysn't Thal Joe, do you remember our conversation with Ali Webb, the founder of Drybar.

Speaker 200:00:22.519

Yes, that was a really great conversation, and you know, we talked a little bit about how she selected optimal Drybar locations, and I think both of our interests were peaked at that exact moment about the art