Business Sector
City of Grande Prairie releases 2023 Retail Market Analysis findings
Dec 28, 2023 | 9:19 AM
The City of Grande Prairie has released the results from their recent Retail Market Analysis.
The study, conducted every 3 to 4 years, is meant to identify the market’s current state and opportunities for business retention and expansion.
The report found that the city’s total trade area increased to over 295,000 with a total retail spending of $5.1-billion.
Other findings include the City having a $374 million net inflow in retail stores and 4.15 million square feet of retail space.