In this episode, Doug Munson, former CEO of MTN Retail Advisors, discusses the intricacies of grocery retail site selection, emphasizing the importance of data collection, the evolution of tools, and the significance of boots-on-the-ground analysis. He shares insights from his career, including foundational moments that shaped his approach to the industry, and offers advice for retail site selectors navigating market saturation and consumer behavior changes.
Chapters
(00:00) Introduction and Doug Munsonās Background
(04:07) The Evolution of Grocery Retail and Site Selection
(15:30) Data Collection: From Casing Stores to Digital Tools
(19:43) Analytical Tools and Models in Site Selection
(26:44) Market Dynamics: Saturation, Cannibalization, and Competition
(36:53) Consumer Behavior and Store Performance
(48:05) The Future of Grocery Retail: AI, E-commerce, and Evolving Formats
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