Unlike other locational data providers offering static annual store activity results, AggData tracks historical openings and closings for thousands of retailers going back up to 10 years.
GREAT NECK, N.Y. (PRWEB) November 03, 2017
With the retail landscape experiencing many fundamental changes over the past decade, AggData is using the past to help predict the future, with its enhanced historical retail store openings and closings data. Unlike other locational data providers offering static annual store activity results, AggData tracks historical store data allowing users to determine store openings and closings for thousands of retailers going back up to 10 years, isolating trends by geography or category to pinpoint opportunities to expand or invest, and monitoring competitive movement to see which markets are growing or contracting.
By utilizing AggData’s extensive historical database, customers can better assess retail expansion efforts, ascertain which retailers may be seeking deals within specific states or geographies, identify companies that have been quietly closing stores over extended timeframes, and gauge necessary divestments. More specifically, by investigating closings occurring around competing retailers, customers can identify the dominant players in a given trade area (e.g., Sports Authority closings around Dick’s Sporting Goods stores); by evaluating openings occurring around competing retailers, customers can determine which companies are trying to aggressively encroach (e.g., Dollar Tree openings around Super Dollar stores); and by reviewing openings around complimentary or non-competing retailers, customers can detect opportunities for co-tenants and synergies. Lastly, AggData’s historical database can quickly identify which retailers are most aggressively opening and closing stores -- for example, Chipotle doubled in size (1227 to 2348 locations) in five years, and Sears’ Kmart chain contracted by almost half (942 to 555) in just the past two years.
AggData is the leading supplier of retail locational data, providing a seamless data bridge connecting its information to that of its customers in real time, allowing them to systematically integrate its data into their websites and apps, tailor it to their needs, track and update the data feed to detect new information, and access / back-fill client databases with historical archives. For more information on AggData, please contact jordanr (at) aggdata.com at (800) 789-0123 x804 or visit the website at http://www.aggdata.com.