Study aims to analyze Beaufort retail market

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Main Street Beaufort, USA, is initiating a two-phased study to analyze the retail market for Downtown Beaufort. The goal of the project is to complement ongoing planning and economic development initiatives and to create an action plan for future retail development in Beaufort.

On May 16, Main Street Beaufort, USA, began the first phase of the project, a market analysis to identify the current retail climate in Beaufort. Recorded consumer data from 50 Beaufort businesses will be used in conjunction with market demographics to assess the size and characteristics of the current retail market.

The first phase will also include a series of individual interviews and roundtable meetings to be held June 10-12. These meetings will engage downtown merchants, tourism related businesses, art galleries, Historic Beaufort Foundation, stakeholders, and community leaders, including a public input session that will include preliminary results from the current online survey.

The second phase of the project will focus on the creation of a retail strategy based on the findings from the market analysis.

Arnett Muldrow & Associates, Ltd. of Greenville, SC, is the consultant team leading the project along with Main Street Beaufort, USA. Tee Coker is serving as project manager.  He can be reached at tee@arnettmuldrow.com. LaNelle Fabian is managing the project for Main Street Beaufort, USA, and can be contacted at director@downtownbeaufort.com.

 

Downtown Beaufort Market Analysis

Please take part in one of these roundtable sessions. Your feedback is important! Unless otherwise noted, the meetings will be held at the Beaufort library first floor meeting room, 311 Scott Street, Beaufort.

Tuesday, June 10

• 10:30 a.m.: Historic Beaufort Foundation

• 1:30 p.m.: Media

• 3 p.m: Tourism

• 5:15 p.m.: Downtown Merchants Wednesday, June 11

• 9 a.m.: Arts, Chamber Meeting Room, The Carnegie Building, 701 Craven Street, Beaufort.

• 5:15 p.m.: Public Input Session (preliminary results from online survey).