Newton City Council purchases Buxton report
At Monday night’s City Council meeting, the council approved the use of $140,000 for a report from Buxton Company and the implementation of the report.
Buxton, a consulting company that has commissioned reports for other municipalities similar to Newton, conducts customer analysis that is used to draw in and retain retailers.
A key area that Buxton addresses in all their reports is on retail leakage, which is the amount of local retail sales that go to surrounding communities and escape the community. The report on Newton will offer existing businesses information on how to retain those retail dollars and what retailers developers could attract to prevent more leakage.
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