What's new with the RE3 team.
Trends and inspiration for revitalization.

  • Admin

Study predicts retail closures

Updated: Oct 18, 2018

Research predicts retail closures with 80% accuracy

Using electronic data that geolocated shoppers, researchers tested a model that predicted business closures with an 80% success rate in 10 cities. The factors that appeared to have the most impact were time range of the business's popularity, specific times of operation, and diversity of neighboring businesses. Predictions were most accurate for established businesses, which have fewer unknown variables. Read more at The Conversation...

Need more details? Contact us.

Ask how our 3-step process can transform your underperforming property.

© 2018 by RE3VISION  |  created with


MAIL: 2515 Ceanothus Ave. Suite 100

Chico, CA 95973


CALL MARY: (503) 504-6770

  • RE3 Facebook
  • RE3 Twitter
  • RE3 Instagram