Newberry, SC Business Demographics

Newberry, SC is a city positioned for growth and committed to developing its local economy. Whether you are a recent college graduate looking for a place to start your career, an entrepreneur looking for a place to start your business, or an established company looking for expansion opportunities . . .look no further than Newberry, SC.

The City of Newberry offers a growing labor force and one of the best workforce training programs in the United States. We boast a strong local economy led by agriculture and manufacturing. Our close proximity to several major roadways and two major airports make us a prime opportunity place for workers and employers.

The Table Below Highlights the Potential for Business Growth Within the City of Newberry:

Major Store Type
Potential Revenues
Actual Sales
Leakage / Surplus
Capture Index
Equipment & Supply Dealers
$49,127,660
$28,330,540
$20,797,120
58%
Clothing & Clothing Accessories Stores
$17,771,780
$4,470,307
$13,301,473
25%
Electronics & Appliances Stores
$9,372,098
$800,169
$8,571,929
9%
Food & Beverage Stores
$51,607,722
$23,363,142
$28,244,580
45%
Foodservice & Drinking Places
$31,869,322
$19,000,290
$12,869,032
60%
Furniture & Home Furnishings Stores
$9,920,002
$7,646,098
$2,273,904
77%
GAFO (Discount Retailers/Department Stores)
$99,693,896
$53,670,905
$46,022,991
54%
General Merchandise Stores
$51,016,519
$38,323,647
$12,692,872
75%
Health & Personal Care Stores
$24,774,449
$16,478,701
$8,295,748
67%
Miscellaneous Store Retailers
$10,388,684
$3,962,930
$6,425,754
35%
Motor Vehicle & Parts Dealers
$92,832,080
$84,380,776
$8,451,304
91%
Sporting Goods, Hobby, Book & Music Stores
$7,721,608
$1,715,341
$6,006,267
22%
Total Retail Sales (Including Foodservice) 
$456,095,820
$282,142,846
$173,952,974
62%
 

Potential Revenues: Total potential sales/service revenue within the geographical trade area.
Actual Sales: Actual revenue currently generated by sales/service in the geographical trade area.
Leakage/Surplus: Gap between potential and actual sales/service revenue showing available market share remaining within the geographical trade area.
Capture Index: Shows actual percentage of potential revenue being captured within the geographical trade area.

CLICK HERE for the complete Buxton CommunityID, Business Demographic Study conducted for the City of Newberry.

Buxton is a leading market research company specializing in site selection for major retailers.This is accomplished by utilizing the most advanced technologies available in the field of market research coupled with an extensive wealth of consumer data. If you would like to learn more about the Buxton study conducted for the City of Newberry please email your inquiry to This email address is being protected from spambots. You need JavaScript enabled to view it..