A growth plan tailored to

The retail industry

A growth plan tailored to

The retail industry

A growth plan tailored to

The retail industry

Discover your target customers and define your development sequence

As a retailer, you aim to consolidate your position and make your openings in profitable markets, reach the right customers and closely follow your competition, while managing your online sales. But how do you get there?


Indicia's geographic growth plan will, finally, provide you with all the relevant geo-factual information to help you make informed decisions about your development, and answer among others, the following business questions:

Discover your target customers and define your development sequence

As a retailer, you aim to consolidate your position and make your openings in profitable markets, reach the right customers and closely follow your competition, while managing your online sales. But how do you get there?


Indicia's geographic growth plan will, finally, provide you with all the relevant geo-factual information to help you make informed decisions about your development, and answer among others, the following business questions:

  • Who consumes my products the most?


  • What is the performance of my current network?


  • What are my development opportunities in the coming years? And in what order?


  • What actions should I take with my current locations? Closures? Relocations?


  • What is the impact of my competition on my performance?
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Articles on the retail industry

December 19, 2024
Context A discount store chain with several hundred locations, all operating with near-zero profitability, is looking to consolidate its national network to improve long-term profitability. Challenge How can you ensure that the decisions regarding closures, relocations, and renovations are made correctly to achieve the company’s objectives? Innovation Indicia conducted a provenance analysis of the company’s current customers to define the commercial areas of the stores and identify the most profitable population segments. The definition of commercial areas helped determine the average area of attraction for a retail location, which in turn allowed for the quantification of how many branches the network could support while minimizing inter-branch cannibalization. Customer segmentation highlighted the best customer profiles for the company based on socio-demographic variables such as age, ethnicity, household size, education level, and income. With access to census data by neighborhood, Indicia was able to pinpoint the areas with the best prospects. Finally, Indicia created statistical models using the most crucial variables for a store's success, proposing hundreds of potential changes to the network. Results The use of this geo-factual data enabled the development of a much more robust and profitable branch network in the long term. Thanks to the 32 closures, 47 relocations, and 112 renovations implemented, gross profitability peaked at 17% after three years, compared to the previous 0%.
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