top of page
About The Retail Coach

The Retail Coach, founded in 2000, is a national retail consulting, market research and development firm that combines strategy, technology, and creative expertise to develop and deliver high-impact retail recruitment and development strategies to local governments, chambers of commerce, and economic development organizations. The Retail Coach offers a fully customized system of products and services that better enable communities to maximize their retail development potential. Their experience in leading municipalities in over 650 communities in 40+ states will create better, stronger places to live and work.

 

For more information on The Retail Coach, visit theretailcoach.com

Coral Springs to Partner with Retail Consultant in Bid to Expand Shopping and Dining Options

  • Writer: The Retail Coach
    The Retail Coach
  • Aug 11
  • 2 min read
ree

In a move aimed at boosting local economic development and attracting new businesses, Coral Springs is set to enter into a multi-year agreement with The Retail Coach, a consulting firm based in Tupelo, Mississippi.


The city’s Economic Development Department and Purchasing Division are recommending approval of a $95,000 contract for an initial two-year term with the option to extend the agreement through 2031. Under the proposal, the city’

s purchasing manager would also be authorized to approve renewals and change orders up to $75,000 within the city’s procurement guidelines.


The agreement stems from a broader initiative developed during a recent yearlong community visioning process, during which residents and businesses identified a desire for expanded retail, dining, and entertainment offerings in Coral Springs. That input led city leaders to launch a formal effort in fiscal year 2025 to push for targeted retail growth.


The Retail Coach was selected following a competitive Request for Proposal process that began in April, city officials said.


Only two proposals were submitted, and both firms were interviewed in July by a city evaluation committee. The Retail Coach received the highest overall score based on its national track record, its proprietary lead-tracking software, and its commitment to ongoing support and coaching, officials said.


As part of its proposed contract with Coral Springs, the firm would conduct a detailed analysis of the city’s current retail landscape, identify areas of “retail leakage” — where spending is lost to neighboring markets — and pursue recruitment strategies tailored to Coral Springs’ demographics and goals.


The total expenditure for the first term of the contract is already included in the city’s approved operating budget, officials said.


Commissioners are slated to vote on the proposed agreement at Wednesday’s commission meeting.







Comments

bottom of page