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Despite an acceleration in store closures in 2023, is there room for optimism in 2024? Explore @PwC UK's latest store openings and closures to see where the opportunities might lie for retailers, leisure and service operators in locations across Great Britain. #IndustryinFocus

Airports are an underutilised environment for true experiential marketing and this article explores what the future of airport experience could look like - In 2019 we delivered the UK's first airport pop up for Three Mobile which converted 9.4% of the airport footfall daily or 1,500 engagements daily over 30-days - Brands looking to gain cut through should be looking at experiential in airports for 2025 to deliver exciting results.

Billy Bookcase for €1? We went to IKEA last night. It was an absolute pleasure as it was practically empty. The scale of the store to cope with peak demand is incredible - from the size of the car park and canteen to the number of checkouts and trollies. If dynamic pricing was used to cut prices overall, would you change your shopping habits? ✈ It works across the tourism industry - particularly flights, trains, taxis and hotels - if you like planning ahead (and able to), hotel rooms under €50 and plane tickets for €10 are readily available 🎢 Merlin Entertainments are introducing surge pricing across some UK sites. When Disney did this in the US overall footfall dropped and total revenue increased 🍺 Stonegate Group introduced dynamic pricing in some of their 4,500 licensed premises in the UK late last year. According to their statement, this is to pay for increased costs such as security on doors 🛒 Many grocers across Europe are rolling out electronic shelf edge price labels. This reduces the amount of labour required, reduces paper use and can support on shelf advertising. The next logical step is some sort of dynamic pricing. There's a sense dynamic pricing is used to increase prices (as the Disney case shows). In travel, parents are particularly penalised when demand is high. It would be interesting to see a retailer such as IKEA or a food discounter, recognised for value, introduce trials which further enhanced their value offer and ability to lower pricing through levelling of demand. #retail #pricing #demand #supplychain #logistics https://lnkd.in/e4vzRBNq

As the retail landscape evolves in Georgia, service-based businesses that can't be replicated online are leading the charge in securing prime locations. From fast-growing restaurant chains to essential services like UPS and Verizon, personal care providers, gyms, and pet-focused businesses such as veterinarians and grooming stores, these top tenants are dominating the market and shaping the future of commercial leasing.

Tshiamo Mathibela We are shining a Light on Goodness 😍 In the building process, we believe and have repeatedly experienced, that if you take care of your people, they will take care of the business. If you genuinely let them know that they matter, they will respond in kind. Trust is the foundation of leadership; if you trust people, they will trust you back. If you engage them in creating a shared vision for the future of the enterprise, and then give them freedom to act in support of that vision, they will do so responsibly, creatively, and enthusiastically. Ordinary people can do extraordinary things if you create the right culture and a sustainable business model. The basics are simple.” Thank you for allowing Affinity Human Capital Partner to be part of the process and humanise the workplace.

Store fit-out costs in airports are typically more expensive in a complex airport operational environment than in a shopping centre or on a high street. But what can be done about this? That's precisely the topic that will be addressed in the Store Fit Out Cost Discussion panel at the upcoming Australian Airports Association Retail & Commercial Forum. We've assembled a panel of experts including a quantity surveyor (Turner & Townsend), a construction project manager (Planned Performance), an airport fit-out company (Trivision Shopfitting) and one of the biggest investors in airport shop fit outs (F&B retailer SSP Australia & New Zealand). Should make for a fascinating discussion. Fit-out costs affect store profitability, ability to pay rent and risk, so a critical conversation for airports, retailers and the construction industry to have - and its only possible because of our Forum. Want to hear more? Register to attend the Forum. 22-24 July, 2024 at the Pullman on the Park in Melbourne. Jeff Williams Justin Gordon Matthew Hill Ed Dunne Kieron Hewitt Liam Petrie-Allbutt Luke Martin Paul Wainwright Martine Keller Ian Simpson Dermot Davitt Martin Moodie James Goodwin Nicole Rutter Diane Owens Fraser Reynolds Matthew Quoi The Mercurius Group The Moodie Davitt Report https://lnkd.in/gngSVjHF https://lnkd.in/gVaptFgq

Despite mixed results, @PwC UK's 2023 store openings and closures results show that hospitality chains are generally performing well. However, it is independents that are feeling the pressure with difficult trading conditions, and rising costs. Find out what this means for the sector in 2024. https://pwc.to/3IYk9ma   #IndustryInFocus

Fly[XYZ].com domain names are highly identifiable and suitable for airport retailers or duty-free shops. "Simplified online access, can amplify digital airport retailing!" #FlyLocal #Airport #Concessions #FaB #Brands #TravelRetail #DigitalAirport #AirportRetail #DigitalAirportRetailing #FlyDTW #Detroit #AirportShopping #TravelRetail #Restaurants #Franchise

Learn about the rise of MULO (multi-location) outposts like Travel Traders LLC and Hudson News Distributors that are redefining retail in non-traditional venues. https://bit.ly/4blH9rK #outposts #retaillandscape #retailchallenges #retailopportunities #hilton #locationdata