Economic Market Analysis for Retail & Restaurant Sectors

The City of Fayetteville is seeking a subcontractor to conduct comprehensive market research and feasibility studies focused on strengthening downtown retail and restaurant offerings. The work will involve identifying target demographics, analyzing consumer spending patterns, and evaluating the competitive landscape to inform recruitment strategies for new businesses. This engagement is centered on data-driven insights to support economic revitalization efforts in the downtown corridor, with the goal of attracting viable retail and dining enterprises that align with local demand and market gaps. The project requires detailed analysis of regional trends, foot traffic, occupancy rates, and competitor performance to produce actionable recommendations for economic development initiatives. The contract is classified under NAICS code 541611, indicating it falls within the administrative management and general management consulting services sector. It was posted on June 24, 2026, with a firm deadline for responses on July 23, 2026, at 7:00 PM. The work is to be performed in Georgia, though specific location details are not provided. While no set-aside provisions or organizational type restrictions are specified, the subcontractor must be prepared to deliver high-quality, timely analysis to assist the city’s economic development objectives. All communications and submissions must be directed through the official state procurement portal linked in the posting.