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Grand Terrace Sales Tax Ft er Recor Forth Quarter Sa (tb - Dem 208) CURIE = Sates TAX BY MAJor BUSINESS GROUP tii a S iti. ‘eiCarea Muar olen sonal Lopes 2c Mengatan mors aaets Babeaie Naa Met eo Pols PoindSoe SHE SIONS aozone Ctaberte Mexcan ao Feed Canty Pot amo sis05 hevon ies Sine Pot 0 136 CyePramacy erie Wendin mae Fass Grom espe ST.IT. 6 Shr Anco Damo Pana DirenBies | SalerBros ond Tike Lie contre ae neoeaie Vins Caste Ga Posed Comin non EA HTD Statewide Results “The loal one cent share of eles and scx rota October through Dever Iersales wat 2.896 higher than 2017 holiday quarter fier fitoring for tare eporing aberrations “Theovrallinceas came primi fom said quarter for conractor materials and equipmen, expanded posuction ly an auto manifctrer and xing Fel prices Onlin fulfillment center, new technology investnent and canabie starve als pric sigiicane gine. Reese in the sx eauney Sacramenac region grew 7% overlat yeh the remainder ofthe sate war exer st ‘oc exhibited only minor growth, [Notable was the 0.0986 sein ta 2 cps From bre and owt reales ‘whichis the lowest holiday an for that sector nce 2009, 86% crease in recipes fom online shoping which is allocate wo central onder des or coun ty oats was part ofthe reason. Other eters ince lover prices gift ards wich move picks irae quar tersand grater pifing of nan eaable experiences and services ‘The Reta Evolution Continues recent survey deified US. losses oF 102 lion gfe fret pac in 2017 and an addtional 155 milion. fin 2018, Similar losis are expct ‘ein 2019 wih 5,300 closures aay anounced. Pyles Shoo, Gymbere, | Pesfrmance Bayele and. Charbue Russe are going ott of business while chains inclading Sere, Kmart, Mays, JCPenney, Kohls, Norstom, Dollar Tree, Victorias Secret, Chicos, Foot Locker and Lowe's hive annouteed plans for farther cit in overstated ‘markets and downsizing of sores. Renallers are no planning the end Physical stores which continue to be important for peronalizd experiences andshoppingemertainment. Hower, the shifting trends encourage reduced square footage with kt overhead abet tereampetson pss and provide mote incimate shopping encounters, ‘Wich smarsphones allowing purchase and delivery of almost anything at any time of the day without leving home, big box retailers are responding by downsizing stores and subleasing cess space to compatible busineses to hp draw teaffic. Locations where people congregate for entertalnment, fad and services hve become part of the evolving sratogy as ha inegratng rexal with more conveniens spots for Pikeup and deer of cone orders Bary Foster of Hdl’ EconSoltions, ots that "shin shopping hai pres tnt challenges but ale opportunites “Smaller fooprint enable expanding imtoamalerciche markets while eed use projects and 18-hour environments are chances to rebuild downtowns and reinvigorate shopping centers” With more companies using the inter Tells ely wo costamers fom their warehouses, che rend also provides jurisdictions whore populations art adequate in sie to suppor large sale rex foc on nda development asl tx aswell a jobs | DERE nd Terra Sw — GrsTenae Coup om OTT apr esty Ges. ‘us Tensponabon uss ant ny Foot wd ns Festa Sane Stone ena Canim Conse Canty ana Sat Pots Toa Pesawanis 18% S PER CAPITA Ne cat 49% eas ous 12 5% 1% Grand Terrace Sales Tax nth Qn Rap Tn nr Sale ny -Siptlar 2018) we CMMI §=©SALES TAX BY MAJOR BUSINESS GROUP nicl Medonas mre ne Miu Natealtogsis | PameetSae ——Si74001 $210,129 Puchase Groen | Cameo 2 AE versie Weneson | gat Poo! a ms Sve sce Donines Riza mart Tne Foed | Grows Macabis OK SIRGAS Duncan Boe ‘ie Ergneeng | oath camino FTG wewdeeompanie.com | aBA6L220