Retail is a dynamic industry. Developers and retailers must adapt quickly to changing consumer habits. Tight timeframes and competitive trading environments add more pressure.
We have an enviable track record in helping clients meet these challenges, whether they’re building a new shopping centre or breathing fresh life into a retail chain.
Meeting challenges in a demanding market
In a sector where time really is money, units left empty because of poor planning or shops closed because a refit took too long, aren’t acceptable. We work with our clients to understand their particular challenges and create retail destinations that make the most of lettable space.
Our consultants can accurately benchmark projects as diverse as retail parks or high street stores, new build or refurbishment. With an eye to the future of retail, our team lead the industry with an informed opinion on the latest debates, such as clicks vs. bricks.
Long standing relationships
We’ve been working with the world’s best-known retailers and developers for nearly 100 years. The vast amount of data we’ve amassed on retail property includes programme, specification and cost information that we use to advise on developments and create cost models with realistic cost targets.
To drive value throughout your asset’s lifecycle we keep sight of what motivates consumer spend. Clients benefit from our ability to see the long term as well as respond quickly to trends.
Well over a 3rd of consumer expenditure is in retail stores and the retail offer landscape varies from polarised to localised. Knowing the marketplace, understanding consumers and managing the cost drivers and design are essential to a commercially viable retail investment. Paul Reimer, Executive Vice President, US