Business Facilities - May 2008 - (Page 25) shopping free-for-alls. And while the November and December statistics were not as high as the industry had hoped, retailers still stacked up $469.9 billion during the twomonth sales bonanza. Economists are looking at the retail industry with a discerning, but hopeful eye. “Consumers will be under financial stress from high energy costs, the fallout from the housing slump, and sluggish employment and income growth,” says NRF Chief Economist Rosalind Wells. “Shoppers will seek to pay down debt, spend more in line with income growth, and approach discretionary purchases with more restraint. Retailers will once again be forced to market to more practical consumers, many of whom will be looking to trade down. Even areas of past high growth like luxury goods and online shopping will feel the pressure.” But the retail industry will not succumb to this pressure. In fact, some retail subsectors are managing to net gains. Clothes and clothing accessory stores saw a slight increase in sales from February to March, and sales at health and personal care stores increased 9% (unadjusted) from 2007. Here is a look at just one of the many U.S. retail success stories. Marion Making Its Mark Just west of Memphis, TN across the Mississippi River, Marion, AR is an area that has retailers taking notice. The city’s expanding retail market, with double-digit growth and interstate exposure, is getting the attention of commercial developers and investors in the Memphis, TN market. The city landed almost $21 million worth of commercial real estate growth in 2006, solidifying its position as the fastestgrowing sector of the Memphis metro area. A recent census put Marion’s population at 10,408, a 17% jump over the 2000 decennial census. And with a young population PHOTO CREDITS: STOCK.XCHNG.COM #0807 at www.BusinessFacilities.com A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S 25 http://www.jcedc.org http://www.BusinessFacilities.com
Table of Contents Feed for the Digital Edition of Business Facilities - May 2008 Business Facilities - May 2008 Contents First Word Snapshots The UK's Most Lucrative Locations, Pound for Pound Economic Development in a Flash Corporate Moves: Massachusetts Florida: A Ripe Climate for Innovation Innovating Big in Rhode IIsland Retail Set to Ride Out a Recession Corporate Moves: New Jersey South Carolina: A Sweet Spot in the Southeast Endless Opportunities in North Carolina Economic Awakening in the Mohawk Valley Metro Spotlight: Alexandria, LA Where Call Centers Call Home Texas Receives First Business Facilities State of the Year Award Advertiser Index Inside Livexchange Business Facilities - May 2008 Business Facilities - May 2008 - Business Facilities - May 2008 (Page Cover1) Business Facilities - May 2008 - Business Facilities - May 2008 (Page Cover2) Business Facilities - May 2008 - Business Facilities - May 2008 (Page 1) Business Facilities - May 2008 - Contents (Page 2) Business Facilities - May 2008 - Contents (Page 3) Business Facilities - May 2008 - Contents (Page 4) Business Facilities - May 2008 - Contents (Page 5) Business Facilities - May 2008 - First Word (Page 6) Business Facilities - May 2008 - Snapshots (Page 7) Business Facilities - May 2008 - The UK's Most Lucrative Locations, Pound for Pound (Page 8) Business Facilities - May 2008 - The UK's Most Lucrative Locations, Pound for Pound (Page 9) Business Facilities - May 2008 - Economic Development in a Flash (Page 10) Business Facilities - May 2008 - Economic Development in a Flash (Page 11) Business Facilities - May 2008 - Economic Development in a Flash (Page 12) Business Facilities - May 2008 - Economic Development in a Flash (Page 13) Business Facilities - May 2008 - Economic Development in a Flash (Page 14) Business Facilities - May 2008 - Economic Development in a Flash (Page 15) Business Facilities - May 2008 - Economic Development in a Flash (Page 16) Business Facilities - May 2008 - Economic Development in a Flash (Page 17) Business Facilities - May 2008 - Corporate Moves: Massachusetts (Page 18) Business Facilities - May 2008 - Florida: A Ripe Climate for Innovation (Page 19) Business Facilities - May 2008 - Florida: A Ripe Climate for Innovation (Page 20) Business Facilities - May 2008 - Florida: A Ripe Climate for Innovation (Page 21) Business Facilities - May 2008 - Innovating Big in Rhode IIsland (Page 22) Business Facilities - May 2008 - Innovating Big in Rhode IIsland (Page 23) Business Facilities - May 2008 - Retail Set to Ride Out a Recession (Page 24) Business Facilities - May 2008 - Retail Set to Ride Out a Recession (Page 25) Business Facilities - May 2008 - Retail Set to Ride Out a Recession (Page 26) Business Facilities - May 2008 - Corporate Moves: New Jersey (Page 27) Business Facilities - May 2008 - Corporate Moves: New Jersey (Page 28) Business Facilities - May 2008 - South Carolina: A Sweet Spot in the Southeast (Page 29) Business Facilities - May 2008 - South Carolina: A Sweet Spot in the Southeast (Page 30) Business Facilities - May 2008 - South Carolina: A Sweet Spot in the Southeast (Page 31) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 32) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 33) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 34) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 35) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 36) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 37) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 38) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 39) Business Facilities - May 2008 - Metro Spotlight: Alexandria, LA (Page 40) Business Facilities - May 2008 - Metro Spotlight: Alexandria, LA (Page 41) Business Facilities - May 2008 - Where Call Centers Call Home (Page 42) Business Facilities - May 2008 - Where Call Centers Call Home (Page 43) Business Facilities - May 2008 - Where Call Centers Call Home (Page 44) Business Facilities - May 2008 - Where Call Centers Call Home (Page 45) Business Facilities - May 2008 - Texas Receives First Business Facilities State of the Year Award (Page 46) Business Facilities - May 2008 - Advertiser Index (Page 47) Business Facilities - May 2008 - Inside Livexchange (Page 48) Business Facilities - May 2008 - Inside Livexchange (Page Cover3) Business Facilities - May 2008 - Inside Livexchange (Page Cover4)
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