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New Market Push | big-box chains, growth targets, competitors, retail industry, banking, vacated real estate, sales growth, retail’s full recovery, new-center development, empty big boxes, second-generation space, entering new markets
 
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TIMING IS RIGHT FOR NEW MARKET PUSH

Expect new markets to play a major role for a quartet of bullish big-box chains.  Even though Company Removed and Company Removed are segment leaders while Company Removed and Company Removed rank second in their niches, all four companies know they need to tap into new geographic areas if there is any chance of them meeting renewed near-and long-term growth targets.  It will not be easy.  All four will be heading into lion’s dens of established competitors, none of whom are likely to roll out a welcome mat.  

There’s a silver lining to the recession for those looking deep enough.  The retail industry shows as much shakeout as any sector this side of banking and that’s meant opportunities to acquire new customers and take over vacated real estate.  Opportunity remains even as the economy rebounds.  Short bursts of sales growth are going to happen, as they have the last several months.  Retail’s full recovery in the sense of new-center development however, often trails other metrics as it’s tied to unemployment.  Filling the glut of still-empty boxes out there will take a couple more years. Company Removed, Company Removed, Company Removed and Company Removed are well-equipped financially to take advantage of second-generation space not just in 2010 but in 2011 and beyond.  These facts combined make the challenge of entering new markets worth the risks.  





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banking, big-box chains, competitors, empty big boxes, entering new markets, growth targets, new-center development, retail industry, retail’s full recovery, sales growth, second-generation space, vacated real estate

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