CITY OF NEW BERN PARTNERS WITH RETAIL STRATEGIES TO BOOST ECONOMIC DEVELOPMENT

The City of New Bern has partnered with Retail Strategies, a leading national retail advisory firm, to enhance its retail recruitment efforts. This collaboration will attract new retail and restaurant businesses to the city, ultimately enhancing the quality of life for residents and visitors while increasing tax revenues.

Retail Strategies will serve as an extension of New Bern's economic development team, bringing its expertise in market analysis and retail recruitment to the city. The firm has already conducted a comprehensive study of the New Bern trade area, analyzing consumer behavior and identifying retail needs from a data-driven perspective.

In addition to data analysis, Retail Strategies has performed an on-the-ground market evaluation, inventorying available real estate and existing retail establishments. This thorough approach will culminate in a strategic retail recruitment plan, which the Retail Strategies team will then execute.

“Retail Strategies' reputation for being hands-on and integrating with city teams was a key factor in our decision,” said City Manager Foster Hughes. "Their approach aligns with our vision for New Bern's growth. We're confident that by acting as an extension of our city, Retail Strategies will help us attract businesses that complement our community and drive economic development."

The partnership includes ongoing outreach to brokers, developers, and expanding retailers. Retail Strategies will also represent New Bern at key retail real estate trade shows, enhancing the city's visibility among industry professionals.

Lacey Bacchus, Senior Director of Community Partnerships at Retail Strategies, stated, "New Bern presents an exciting opportunity for retail growth. Our extensive network in North Carolina, combined with the city's unique charm and strategic location, creates a compelling case for businesses looking to expand. We're eager to showcase New Bern's potential to our retail partners."

This partnership underscores New Bern's commitment to strategic growth and its proactive approach to economic development. As Retail Strategies begins implementing its recruitment plan, residents and businesses alike can look forward to an enhanced retail landscape in the coming years.

About Retail Strategies

Retail Strategies is the national expert in recruiting businesses and strategically developing communities. Our mission is to provide the real estate expertise, tools, and human effort that position deserving towns as alluring locations for national businesses and destinations for tourism and quality of life amenities. With confidence, we pursue this mission by delivering unparalleled customer service as a unified team with unmatched real estate and community development expertise. Our activities pay a return in sales taxes, added jobs, and businesses that enhance and add to the unique qualities of your community. To learn more, visit https://retailstrategies.com/.