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More on Newberry . . .
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Newberry, SC is a city positioned for growth and committed to developing its local economy. Whether you are a recent college graduate looking for a place to start your career, an entrepreneur looking for a place to start your business, or an established company looking for expansion opportunities . . . look no further than Newberry, SC.
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The City of Newberry offers:
A Growing Labor Force
One Of The Best Workforce Training Programs In The United States
A Strong Local Economy Led By Agriculture & Manufacturing
Prime Location Near Several Major Highways and Two Major Airports
Great Opportunities For Workers & Employers
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The table below highlights the potential for business growth within the
City of Newberry.
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MAJOR STORE TYPE
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POTENTIAL REVENUES
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ACTUAL
SALES
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LEAKAGE/
SURPLUS
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CAPTURE
INDEX
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Building Material, Garden Equipment & Supply Dealers
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$ 49,127,660
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$ 28,330,540
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$ 20,797,120
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58%
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Clothing & Clothing Accessories Stores
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$ 17,771,780
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$ 4,470,307
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$ 13,301,473
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25%
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Electronics & Appliances Stores
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$ 9,372,098
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$ 800,169
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$ 8,571,929
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9%
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Food & Beverage Stores
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$ 51,607,722
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$ 23,363,142
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$ 28,244,580
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45%
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Foodservice & Drinking Places
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$ 31,869,322
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$ 19,000,290
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$ 12,869,032
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60%
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Furniture & Home Furnishings Stores
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$ 9,920,002
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$ 7,646,098
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$ 2,273,904
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77%
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GAFO (Discount Retailers / Dept Stores)
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$ 99,693,896
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$ 53,670,905
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$ 46,022,991
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54%
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General Merchandise Stores
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$ 51,016,519
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$ 38,323,647
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$ 12,692,872
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75%
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Health & Personal Care Stores
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$ 24,774,449
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$ 16,478,701
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$ 8,295,748
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67%
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Miscellaneous Store Retailers
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$ 10,388,684
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$ 3,962,930
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$ 6,425,754
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38%
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Motor Vehicle & Parts Dealers
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$ 92,832,080
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$ 84,380,776
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$ 8,451,304
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91%
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Sporting Goods, Hobby, Book & Music Stores
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$ 7,721,608
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$ 1,715,341
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$ 6,006,267
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22%
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Total Retail Sales (Including Food and Service/Drinking)
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$ 456,095,820
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$ 282,142,846
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$ 173,952,974
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62%
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Potential Revenues: Total potential sales/service revenue within the geographical trade area.
Actual Sales: Actual revenue currently generated by sales/service in the geographical trade area.
Leakage/Surplus: Gap between potential and actual sales/service revenue showing available market share remaining within the geographical trade area.
Capture Index: Shows actual percentage of potential revenue being captured within the geographical trade area.
CLICK HERE for the complete Buxton CommunityID, Business Demographic Study conducted for the City of Newberry.
Buxton is a leading market research company specializing in site selection for major retailers.This is accomplished by utilizing the most advanced technologies available in the field of market research coupled with an extensive wealth of consumer data. If you would like to learn more about the Buxton study conducted for the City of Newberry please email your inquiry to
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