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Retail

Looking to expand the presence of your retail operation and tap into a powerful marketplace? Then it’s time to look at Maryland. We’re confident that the closer you look, the more you’ll like what Maryland has to offer:
  • Fourth largest retail market in the nation
  • Highest median household income in the nation ($65,144)
  • $95.8 billion in retail sales in 2007

The Washington-Baltimore Metropolitan Area, which constitutes 90 percent of Maryland’s population, is one of the wealthiest in the nation, ranking fourth in effective buying income (with $199 billion) and fourth in retail sales (with combined sales of $123 billion.)

Unparalleled Buying Power

What better way to ensure your venture’s success than to take advantage of Maryland’s buying power?
  • 28 percent of households with more than $75,000 in annual effective buying income (EBI)
  • $17,051 in annual retail sales per capita
  • $65,144 in annual median household income

A Vibrant and Expanding Economy

More than 40,000 retail businesses currently have a significant presence in Maryland, including  Wegmans, Whole Foods, IKEA, Kohl's, OSI Restaurant Partners Inc., Jos A. Bank, Macy's, Nordstrom and Prime Retail .

And there is good reason why: Maryland’s numbers speak for themselves:
  • $138.9 billion in total effective buying income in the state (2007)
  • $50,597 median household disposable income
  • Over 5.6 million total population
  • 3.8 percent unemployment rate
  • More than 2 million total households

It all adds up to a winning location for retail business. Join Maryland's growing retail community!

Contact the MD Business Development team at 410-767-6870 to learn more about Maryland's confidential site selection services for growing businesses.