Key Insights as of Jun 2025

Market Demographics
Population size

308,000 people

Population growth rate

1.2 %

Age distribution

0-14: 22%, 15-64: 67%, 65+: 11% %

Household size

3.4 people

Household composition

Married: 60%, Single: 25%, Other: 15% %

Education levels

High school or less: 55%, College: 30%, Advanced: 15% %

Economic Indicators
Median household income

18,500 USD

Employment rate

92 %

Job growth

1.5 %

Dominant industries

Agriculture, Manufacturing, Tourism

Cost of living index

65 index

Consumer Spending & Buying Power
Retail sales per capita

2,800 USD

Disposable income

12,000 USD

Spending behavior by category

Apparel: 20%, Dining: 25%, Electronics: 15% %

Competition & Retail Presence
Existing retail mix

Grocery: 40%, Apparel: 25%, Specialty: 35% %

Number of competitors

150 stores

Market saturation

Moderate

Presence of anchor tenants

Yes

Foot traffic from nearby businesses

Medium

Real Estate & Infrastructure
Rent costs

8 USD/sqft/year

Property values

1,200 USD/sqft

Zoning laws

Retail-friendly

Business permits

Streamlined

Availability of retail space

Moderate

Proximity to major roads

High

Public transportation access

Moderate

Parking availability

Adequate

Traffic & Accessibility
Pedestrian traffic

Medium

Vehicle traffic

12,000 vehicles/day

Public transport accessibility

60 %

Commute times

25 minutes

Work patterns

9-5: 70%, Shift: 30% %

Psychographics & Consumer Lifestyle
Shopping preferences

Value-oriented

Brand affinity

Local brands: 60%, Global: 40% %

Consumer loyalty

Moderate

Entertainment and leisure trends

Dining, Cinemas

Crime Rates & Safety
Crime statistics

2,500 incidents/100,000 people

Shoplifting rates

150 incidents/year

Public safety measures

Moderate

Tourism & Seasonal Factors
Tourist spending

5,000,000 USD

Tourist footfall

200,000 visitors/year

Major local events

Thermal Festival, Food Fair

Seasonal attractions

Thermal springs

Online vs. In-Store Shopping Trends
E-commerce penetration

25 %

Click-and-collect adoption

15 %

Local preference for in-store shopping

75 %

Retail & Mall Performance
Total retail space

1,200,000 sqft

Retail space per capita

3.9 sqft/person

Projected growth in retail space

2 %

Retail leakage rate

20 %

Sustainable retail demand

Stable

Consumer Behavior & Spending
Grocery market share distribution

Migros: 30%, BIM: 25%, A101: 20% %

Consumer spending patterns

Necessities: 60%, Discretionary: 40% %

Grocery expenditure trends

5 %

Luxury retail performance

Low

Top mall shopping preferences

AFM Park, Afium Outlet

Shopping trips to other cities

15 %

Key drivers for mall visits

Dining, Shopping deals

Preferred brand categories

Value fashion: 50%, Electronics: 30% %

Competitive & Site Analysis
Number of existing malls

2 malls

Total retail footfall

3,500,000 visits/year

Retail market gaps

Luxury retail, Specialty stores

Trade area population

500,000 people

Retail potential in catchment area

Moderate

Projected retail growth rate

3 %

Preferred mall layouts

Open-air, Mixed-use

Site & Accessibility
Public transport access

Moderate

Walkability score

60 index

Road infrastructure & car access

High

Parking capacity in comparable malls

1,500 spaces

Surrounding land use & future developments

Residential, Commercial