Extreme Department Store
Retail · New York, NY
Business Summary
Extreme Department Store is a retail establishment located at 5408 Myrtle Avenue, Ridgewood, NY, 11385. Operating in a transit-adjacent retail area of the New York metro, near Forest Hills Stadium, this business serves one of the densest consumer markets in the United States. The local retail landscape shows steady demand fueled by population density, diverse demographics, and high foot traffic.
Location & Competitors
Competitive Landscape
| Business | Distance | Digital Score | Threat Level |
|---|---|---|---|
| Key Food New York, NY | 0.30km | 38/100 Weak | Medium |
| Rite Aid New York, NY | 0.80km | 29/100 Weak | Medium |
| Associated New York, NY | 0.80km | 43/100 Weak | Medium |
Competitive Summary
Showing 3 of 3 competitors within 5km.
Financial Estimates
Revenue Range
Financial Overview
Market Analysis
Consumer Trends
SWOT Analysis
Strengths
Internal advantages
- •Established local presence in NYC retail market
- •Located in transit-adjacent retail area with consistent consumer demand
- •Proximity to Forest Hills Stadium enhances visibility and foot traffic
Weaknesses
Areas for improvement
- •Digital presence needs improvement (score: 67/100)
- •Thin margins typical of independent retail operations
- •Limited marketing budget compared to chain competitors
Opportunities
External potential
- •Expand digital presence to capture online-searching consumers
- •Growing demand for local and specialty retail experiences
- •Delivery partnerships can extend customer reach beyond walk-ins
Threats
External risks
- •Escalating commercial rents across NYC boroughs
- •E-commerce competition eroding traditional retail foot traffic
- •Rising operational costs from wages and supply chain inflation
Strategic Recommendations
Quick Wins
Implement this week
Launch Instagram showcasing products and deals
Implement a customer loyalty punch card program
Create weekly promotional flyers for local customers
Growth Strategies
1-3 months
Develop private label product line for higher margins
Expand into specialty or ethnic food imports
Partner with food banks for community engagement
Risks to Monitor
Ongoing vigilance
Rising commercial rent in NYC metro area
Shoplifting and shrinkage challenges in urban retail
Changing consumer habits toward online shopping
Startup Ideas
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Digital Score
Quick Stats
Contact Info
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