Sioux Falls is a rapidly growing area, and the retail landscape is constantly evolving to keep up with the demand. This year, Jodi Schwan of SiouxFalls.Business discussed some of the upcoming changes in the retail industry. Retail Week at SiouxFalls.business focuses on new retail concepts that may be coming to town, and many retailers are cautious about opening new locations due to factors such as construction costs and consumer spending concerns.
Despite these challenges, there are still opportunities for growth in the retail sector in Sioux Falls. The area has seen an increase in convenience stores, car washes, smoke shops, and quick-service restaurants. These businesses are value-driven and have the financial resources to continue expanding. Additionally, there is a trend towards indoor entertainment and sports centers looking for available space or considering new construction.
One success story in Sioux Falls is the Empire Place development, located just north of the Empire Mall. Chipotle and Chick-fil-A have already established themselves here, and now they are adding more traditional retailers to their roster. Hallmark will be making a comeback before the holiday season, returning to its former location after closing a few years ago. Flyboy Donuts is also set to open as their flagship store in town by the end of this month.
To stay updated on local business news and developments, visit SiouxFalls.Business regularly for all your latest information needs.
