Northeast Ohio Regional Retail Analysis
Executive Summary
Supply/Demand Analysis
The study contains an analysis of retail space supply and demand. It is based on a comparison of household spending patterns to total sales generated by retail establishments, the results of which help determine whether or not household retail needs are being met by the existing retail supply. Differences between annual household spending patterns and annual retail sales represent either deficiencies or surpluses in the availability of retail goods and services. A separate supply and demand analysis was conducted for each of the counties included in this study as well as for the eight planning regions of Cuyahoga County.
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Map 3 illustrates the sales "capture" or "leakage" by portraying the surplus or deficit of floor space for convenience and shopping goods. Currently, Lake County and the Chagrin-Southeast Region of Cuyahoga County have the largest surpluses of retail floor space relative to their populations, while the City of Cleveland has the largest overall deficit. Lorain County and the Westshore and Southwest Regions of Cuyahoga County have the next largest surpluses, while Geauga County and the Heights and Cuyahoga Regions have the next largest deficits. Medina and Portage Counties have the best balance of floor space relative to their populations.
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