Retailers Expressing Interest in Albert Lea

Firm under contract with city to promote Albert Lea

Albert Lea Tribune, by Sam Wilmes, Wednesday, December 19, 2018

There are five retailers “very interested in Albert Lea,” according to Albert Lea City Manager Chad Adams.

The interest comes after the city signed a $40,000 contract with Retail Strategies LLC earlier this year to promote the community and its retail opportunities.

In its first six months, the firm has engaged 22 retailers. Nine have provided substantive feedback, according to the city of Albert Lea. The names of the retailers have not been released.

Of the 22 retailers, Adams said the combination of regional and national companies are “a little bit of everything. It’s restaurants, it’s clothing, it’s furniture.” He said a fitness club and technology and sport companies have expressed interest.

He noted one “very aggressive retailer” has been unable to find a location in Albert Lea. “That’s not something you can say you can control,” Adams said, noting the city is relaying information where businesses can locate.

He said the city was not expecting Retail Strategies to have engaged with nearly two-dozen retailers already.

Chad Adams

Adams noted the city is passing on retailer requests from Albert Lea residents to Retail Strategies and hopes for feedback on the potential for landing the businesses.

“That’s in addition to some of these 22 as well,” Adams said. “With 22 as kind of the initial snapshot of what they were able to reach out to and provide initial connections and have actual conversations about Albert Lea on … a national retail trade conference.”

He noted it could take 18 to 24 months for some retailers to open a store in Albert Lea, but added he is impressed there is a business that is being more aggressive and seeks to be in the community as soon as possible.

Retail Strategies created a website for site selectors and entrepreneurs that includes information on the city’s demographics, contact information, focus categories — restaurants, general merchandise, home furnishings and clothing and apparel — and other information.

“It’s critical that the city demonstrate that we want business to come to Albert Lea, and the partnership with Retail Strategies is one measure that we’re taking to recruit,” he said.

Jerry GAbrielatos

Assistant City Manager Jerry Gabrielatos said it is important the city help draw businesses to Albert Lea.

Retail Strategies is thrilled to have partnered with Albert Lea, Minnesota. Working with a city who is proactively recruiting retail increases the quality of life in a community while raising tax revenue and providing jobs.

Albert Lea City Site

Retail Strategies is a PROUD PARTNER with Albert Lea, MN.

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My relationship with the Retail Strategies team has been extremely valuable over the last couple of years as I’ve searched for sites in the Southeast. They have been persistent and provided any information they could gather for available properties that fit my criteria. If they received news that a space was coming available they made sure to immediately give me a call and connect with the owners. I would recommend using this service to any of my colleagues looking in their client cities.

Walter Kelly, Broker

Arc Realty

walter kelley arc realty

Retail Strategies has been a tremendous asset to Cypress. They have access to industry and business intelligence in an immensely competitive retail environment. The relationships they develop with commercial/retail property owners delivers results for the city because Retail Strategies excels at marketing their clients.

Peter Grant, City Manager

Cypress, CA

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