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11-14-2018 Council Packet
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11-14-2018 Council Packet
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Little Canada Retail Trade Performance in Dollars <br />The chart below depicts the dollar amount Little Canada's actual sales were above or below expected sales in 2016 by <br />merchandise group. Of the 8 merchandise categories with reported data, sales in 7 of the categories were above what <br />would be expected based on the performance in similar-sized Minnesota cities. The strongest merchandise group by this <br />standard is the Furniture Stores category, which has a $36.3 million surplus. Overall, Little Canada had a retail sales <br />surplus of $26.9 million in 2016. <br />It is important to note that variations in a city's relative retail performance may occur for a variety of reasons, some of which <br />are beyond the control of local policy. Proximity to larger population centers, management, marketing, and transportation <br />patterns are just a few factors that can cause the retail sales of a particular city to deviate substantially from expected sales. <br />It is important that decision-makers consider these influences when constructing policies, plans, or projects. <br />+$0.29 <br />+$36.30 <br />+$0.00 <br />+$0.00 <br />+$0.00 <br />+$0.00 <br />+$0.00 <br />-$1.50 <br />+$10.54 <br />+$0.00 <br />+$12.06 <br />+$0.00 <br />+$0.00 <br />+$0.56 <br />+$4.01 <br />+$4.39 <br />-$10 $0 $10 $20 $30 $40 <br />Vehicles & Parts <br />Furniture Stores <br />Electronics <br />Building Materials <br />Food, Groceries <br />Health, Personal Stores <br />Gas/Convenience Stores <br />Clothing <br />Leisure Goods <br />General Merchandise Stores <br />Miscellaneous Retail <br />Amusement & Recreation <br />Accommodations <br />Eating & Drinking Places <br />Repair, Maintenance <br />Personal Services, Laundry <br />Millions of $ Above or Below Expected Sales, 2016 <br />17
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