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City hears retail recruitment update; consultants point to grocery 'leakage' and specialty grocers as priority
Summary
A national retail portfolio director told Peachtree City Council that the market shows a sizeable trade area and a large food-and-beverage leakage opportunity; staff will provide a quarterly business review and continue outreach to grocery and regional restaurant prospects.
Mill Graves, the portfolio director for Peachtree City's retail recruitment partnership, presented a six-month status update that emphasized the city's market strength and a targeted strategy to attract grocery anchors and regional food-and-beverage brands.
Graves said the firm's mobile-data analysis defines a customized trade area of roughly 214,000 people extending beyond city limits into nearby Newnan, Clayton County and Fairburn. He described…
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