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The key to identifying retail sales trends and potential for future growth is an analysis of retail sales and consumer spending. The Leesburg 2011 Retail Gap Analysis provides this information for several geographies (or trade areas), highlighting opportunities to provide local shoppers with items they currently travel outside the trade area to buy and opportunities to build upon existing “destination” retail clusters. At the Retail Opportunity Forum on September 20, 2012, members of the Economic Development Commission and staff explained how retailers, brokers and property owners could use this information to create retail success.
If you have any questions about starting or growing a Town of Leesburg, Virginia retail business, call us at 703-430-7222. Loudoun SBDC offers free retail business counseling services, and will also be able to put you in touch with Town of Leesburg and Loudoun County officials who can assist you.