Crucial for retail developments (i.e. shopping malls, town centres, etc.), retailers (e.g. department store/chains, hypermarkets, etc.), a Catchment study provides key analysis on demand and supply (ie potential competition) issues.
Coupled with a Retail Trade Zone (RTZ) study - see the following, findings revealed from a Catchment Study is particularly powerful for market positioning, retail planning, and effective in securing businesses/retailers/investors.
Retail Trade Zone (RTZ) Study
This involves the creation of a computer-generated isoline map (RTZ Map), which precisely highlights residential and non-residential areas (commercial, industrial etc.), and plots out a retail site's potential competitors - all within colour-coded areas that delineate a centre's trade areas.