RetailStat Unveils Grocery Sales Forecasting and Screening Capabilities Powered by Proprietary Database

New York, NY - January 22, 2025 - RetailStat, a leading purveyor of financial, credit, and locational intelligence, is excited to announce the release of its new grocery sales forecasting capabilities "Point & Click" within its newly redeveloped RetailStat Insights platform.

Point & Click allows users to gain quick, directional sales estimates to assess prospective sites using actual sales estimates-not just scores or demographics. Point & Click is designed to address key challenges in grocery site selection and sales forecasting, including:

Site Sales Potential Assessment: Enables users to quickly evaluate the sales potential of multiple sites, filter out less promising locations, and prioritize the best ones for further analysis based on estimated sales ranges.


Landlord/Developer Grocer Identification: Assists landlords and developers in identifying the most suitable grocers to approach for their shopping centers, whether for new developments or backfill opportunities.


Size Impact Analysis: Allows users to assess how different store sizes impact potential sales, aiding in decisions about optimal store dimensions for specific locations.


Market Prioritization and Trade Area Identification: Facilitates the identification of regions or areas with higher projected sales ranges, helping businesses focus on markets with the greatest potential for new store growth.

"Point & Click is a powerful screening tool for clients seeking quick, reliable insights into the sales potential of new grocery store locations by providing projected sales ranges. With extensive coverage of over 85 grocery banners, it is optimized for both conventional and quality service grocers. The tool offers ultimate flexibility, whether accessed through our Insights platform or via an API feed to partners. It can be used to identify and prioritize higher-potential sites, feeding them into a detailed sales forecast for comprehensive planning and decision-making." said Jake Johnson, Head of Location Content and Analytics, RetailStat.

Point & Click is now available for clients to trial and subscribe to through the RetailStat Grocery Insights platform. Additional enhancements will be announced in the coming months for RetailStat products and services. Those interested in exploring Point & Click can contact us today to schedule a demo or begin a trial through the RetailStat Insights platform.



About RetailStat:

For more than 30 years, RetailStat has empowered clients with reliable data, insights, and analytics across a range of trusted brands. RetailStat's broad suite of products allows businesses to customize data, reports, workflows, and analysis to support both financial and location-based decision-making. For more information, visit www.retailstat.com.

Media Contact:
Stacie Malinowski, Head of Marketing and Branding, RetailStat
staciem@retailstat.com

SOURCE: RetailStat

99 Wall Street #3650,
New York, NY 10005

About RetailStat:

For more than 30 years, RetailStat has empowered clients with reliable data, insights, and analytics across a range of trusted brands. RetailStat's broad suite of products allows businesses to customize data, reports, workflows, and analysis to support both financial and location-based decision-making. For more information, visit www.retailstat.com.

This release was published on openPR.