Which retail analytics technique specifically focuses on analyzing the relationship between store performance and the demographics of surrounding neighborhoods within a 3-mile radius?

In today's global retail landscape, geographic data analytics has revolutionized how companies make location-based decisions. From optimizing store placements to understanding regional customer preferences, spatial analysis has become a cornerstone of retail strategy. This trivia question explores how retailers leverage geographic information systems (GIS) to gain competitive advantages in different markets around the world.

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