Request demo

In Commercial Real Estate, Time Is of The Essence

January 23, 2025
3 min read

Try TrafficZoom’s AADT metrics today with a free trial

Get instant access now

Just a few months ago, the retail industry was lamenting the final days of drug stores in America. Walgreens announced it’ll be closing 1,200 stores. About the same time, CVS was also closing stores. Rite Aid was suffering through Chapter 11. All that was needed to complete the picture was the theme song from “Titanic”.

But here we are in January 2025, and how different the drug store landscape looks!

Rite Aid recovered from bankruptcy as a privately held company, eliminating about $2 billion of its debt and pocketing an additional $2.5 billion (with a B) in exit financing.

CVS store closing is going as planned, but most of the closed locations are inside the Target stores.

And Walgreens just reported a better-than-expected fiscal first quarter, giving the industry hope that its plan for revival is working.

This is a sign of hope. And hope, as we know, springs eternal.

Still, hope is only good when it’s supported by hard work, and in the retail industry the hardest, never-ending work is learning about the needs of your customer and trying to satisfy them to the max.

This approach is called KYC (Know Your Customer). In retail, KYC means knowing the things about your customers that will help you better satisfy their needs and wishes.

In addition to traditional demographic reports by address, you can now also get Traffic Flow Demographics, a set of data describing the drivers in the flow of traffic that passes by your store.Ticon’s new product is available with nationwide coverage and high granularity, at Ticon’s industry-leading accuracy and precision.

So, if you want to be ahead of the game, give us a call to talk about asset performance product selection optimization with Ticon’s highly granular data.

This is some text inside of a div block.
This is some text inside of a div block.
More for you
January 10, 2025
When a C-Store is More Than Just a Convenience

The demand for the housing is growing just as much as the population of our great country. It never gets less. It is just...

Read
January 9, 2025
Built To Rent – A Novel Approach To Satisfying Housing Demand

The demand for the housing is growing just as much as the population of our great country. It never gets less. It is just...

Read
January 8, 2025
Traditional C-Store Players Bank on Travel Center Format

Americans like it big. We don’t want to be crowded. Give us plenty of space and we’re happy...

Read

Let’s discuss your next site selection move

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.