Retail Gap Analysis

While this information may be titled “gap”, it is effectively an opportunity. The “gap”is essentially the difference between a community’s estimated actual sales and its estimated potential sales based on a per capita spending average per retail sector for the state. In short” GAP equals OPPORTUNITY.

SIC Retail Sector Leakage Amount
521 Lumber and Other Building Materials -$21,860,710
523 Paint, Glass and Wallpaper -$4,241,108
525 Hardware Stores -$17,698,650
526 Retail Nurseries and Garden -$7,921,779
527 Mobile Home Dealers -$527,708
53 General Merchandise Stores -$22,541,270
541   Grocery Stores -$83,921,910
542   Meat and Fish Markets -$725,148
543   Fruit and Vegetable Markets -$2,456,213
544   Candy, Nut and Confection Stores -$544,154
545   Dairy Products Stores -$161,649
546   Retail Bakeries -$810,196
549   Miscellaneous Food Stores -$4,852,641
551   New and Used Car Dealers -$72,265,460
552   Used Car Dealers -$10,734,600
553   Auto and Home Supply Stores -$15,118,550
554   Gasoline Service Stations -$14,149,880
555   Boat Dealers -$731,495
556   Recreational Vehicle Dealers -$1,435,571
557   Motorcycle Dealers -$2,651,226
559   Automotive Dealers, NEC -$5,924,141
561   Men’s and Boys’ Clothing Stores -$2,191,185
562   Women’s Clothing Stores -$3,724,950
563   Women’s Accessory and Specialty Stores -$602,423
564   Children’s and Infants’ Wear -$988,688
565   Family Clothing Stores -$3,026,394
566   Shoe Stores -$3,721,661
569   Miscellaneous Apparel and Accessory Stores -$1,711,589
571   Home Furniture and Furnishing -$19,817,250
572   Household Appliance Stores -$3,059,978
573   Radio, TV, and Computer Stores -$44,991,670
5812 Eating Places -$76,796,980
5813 Drinking Places -$3,616,294
591   Drug Stores and Proprietary -$14,642,790
592   Liquor Stores -$2,599,536
593   Used Merchandise Stores -$2,680,903
5941 Sporting Goods, Bicycle and Gun Stores -$2,384,663
5942 Book Stores -$1,324,294
5943 Stationery Stores -$8,487,963
5944 Jewelry Stores -$1,745,423
5945 Hobby, Toy and Game Shops -$2,668,703
5946 Camera and Photography Supply Stores -$353,841
5947 Gift, Novelty and Souvenir Shops -$3,287,284
5948 Luggage and Leather Goods Stores. -$201,121
5949 Sewing, Needlework and Craft Stores -$282,596
596   Non-store Retailers -$8,061,937
5992 Florists -$1,910,451
5993 Tobacco Stores and Stands -$472,258
5994 News Dealers and Newsstands -$204,880
5995 Optical Goods Stores -$1,780,954
5999 Miscellaneous Retail Stores, NEC -$30,585,830