The Business Community is invited to join the DCEDC and the Davie Chamber on October 12th for two workshops where The Retail Coach will explain in detail their findings and discuss how existing business owners can apply the report in a way that can increase their customer sales and also help achieve the goals of growing the county’s retail base. The workshops are free to attend but space is limited. Reserve your spot by contacting the Davie Chamber at 336.751.3304 or emailing Chamber@daviecounty.com
October 12 @ 8 a.m.
Granary at WinMock in Bermuda Run
Light breakfast will be served
October 12 @ Noon
Energy United Building in Mocksville
Light lunch will be served
Davie County Economic Development Commission
In 2014, The Davie County Economic Development Commission (DCEDC) successfully completed its first ever capital campaign which enabled the commission to raise $1,000,000 that is being utilized to implement a strategic plan to create jobs and grow the local economy. These funds have made it possible for DCEDC to fulfill its fundamental goals of realizing more than $100,000,000 in new capital investment and to create 1,200 new primary jobs. Five key strategies have been in place since the beginning to help achieve these goals including:
1. New Business Recruitment
2. Business Retention and Expansion
3. Workforce Development
4. Product Development
5. Opportunity Fund
DCEDC is proud of this community effort, Together We are Davie, and believes it is important for residents of Davie County to understand how this campaign is impacting the community, what specifically has been accomplished and what the community can expect to see in the future as a result of this effort.
Focus on Growing Davie County’s Retail Base
While Davie County continues to experience success in attracting new businesses to the community, the Davie County Economic Development Commission (DCEDC) has also committed time, energy and financial resources, made possible through Together We Are Davie, to growing the county’s retail base. Funded by the campaign’s Opportunity Fund, DCEDC has retained The Retail Coach to help develop and implement a retail sales plan for the entire county. Bermuda Run, Cooleemee, and Mocksville, and the Chamber of Commerce have been actively engaged in the process which aims to recruit more retail, restaurants, and entertainment to Davie County so that residents have more opportunities to buy clothing, electronics, or whatever they need locally; to retain the businesses and restaurants already here; and to keep current shopping centers and districts vibrant while developing new centers.
During preliminary meetings, representatives from Bermuda Run indicated goals of expanding retail near Wake Forest Baptist Health and Davie Medical Center, Mocksville representatives suggested the interest in expanding retail base as a whole, while focusing on making the downtown area even more vibrant, and Cooleemee representatives would like more retailers for everyday conveniences.
The Retail Coach has since taken these goals and determined a Retail Trade Area, an area from which the county receives most of its consumers. Additionally, a Gap Analysis was conducted to identify sales leakage to other communities. Using this and similar data, the team is now working to build a target list of retailers and restaurants that would be a good fit in Davie County. Full reports on findings can be found for Davie County, as well as Bermuda Run, Cooleemee and Mocksville at: www.DavieCountyEDC.com.