From the community standpoint, retail development pumps jobs and money back into communities. Businesses hire local residents and raise their incomes.
Communities gain better retail quality, selection, and prices.
From the business perspective, retail investment in new markets is smart business. Inner-city neighborhoods have enormous untapped purchasing power. Faced with limited opportunities to shop in their neighborhoods, inner-city residents buy food, clothing, and other items in other parts of the city or suburbs, from catalogues, or online. New Market FAQs New Markets presents compelling data to illustrate the profit potential for inner-city retailers. It is the high population density of most inner-city neighborhoods that holds the key to retail profit potential.