Neighbourlytics’ Post

As a #retail owner you don’t want your #investments to go in vain. Finding new #store #locations are sometimes #time and #resource consuming process. And new store #location always play key role in driving your #retail #business #growth story forward. For every new store location, #Visibility and #Accessibility are one of the most important points to keep in mind. Also, new #outlet should align with your target audience. And yes, don’t forget to study your #competition as it could bring invaluable #insights in making decision. Many other factors also play vital role in opening new stores. We at Insights Board Research (IBR) are here to help you find appropriate new locations for your #brand / #business through our #market #research services. Connect with us today at research@insightsboard.com. #mrx #insights #marketresearch #qualitativeresearch #quantitativeresearch #surveys #focusgroups #focusgroup #fgd #idi #indepthresearch #onlinecommunities #onlinecommunity #onlinediscussionboards #userexperience #customerexperience #customerinsights #userresearch #insights2action #Retail #retailers #restaurant #restaurants #storebrand #storelaunch #storeexperience #retailinsights #hospitality #hotel #hotels

Retailing for Success in 2024: Beyond the Hotel Room to Increase Bottom Line with Retail This article by Mandy Murry for Hospitality Net (link in the comments below) highlights the benefits of retail for your hotel or rental. Murry mentions how she took a small space at their 23-room hotel, less than 10 square feet, and took retail sales from $30k-$100k in 10 months. Retail is no longer just a room upgrade or a bottle of wine. She suggests (and we agree!) that your retail should blend branded items and unique products that your guests will want to see, feel, and touch Understanding your guest and communicating effectively is hugely important. Murry says: 'When you add retail and fail to communicate with your audience that it is available, you leave money on the table. Retail needs to be a strategic component in your social media, email conversations, website, in-room communications, and guest apps. Both subtle and non-subtle strategies need to be used, including storytelling through your space' At LiBi we provide your ecommerce solution and support with our retail expertise to enhance the guest experience and to drive brand loyalty and incremental profit. #hotels #retailinnovation #travelretail #hospitality #ecommerce #guestexperience Johanne Hedges Dave Woodcock Sam Gardiner Suzanne Mahoney Lyndsey Dale

Imagine a place where culture meets commerce. Welcome to the GCC's shopping centres. Here in the GCC, shopping centres are more than just retail hubs. They're incubators for social change, cultural exchange, and economic growth. Here’s why: 1. **Cultural Hotspots**: These centres are melting pots of tradition and modernity, offering a glimpse into the rich tapestry of Middle Eastern culture alongside global trends. 2. **Gathering Places**: In a region where extremely hot weather conditions can limit outdoor activities, shopping centres offer a safe, social space for families and friends. 3. **Tourism Magnets**: They attract tourists looking for shopping experiences for all budgets, thus boosting the local economy. As we pivot to a more digital world, the role of shopping centres is evolving. They're becoming more experiential destinations, offering entertainment, dining, and leisure activities, beyond traditional shopping.

#RetailRevival & #HospitalityComeback in Full Swing! 🛍️🏨 As we navigate through the post-pandemic era, a remarkable story unfolds in the realm of real estate investment – the resilient comeback of the Retail and Hospitality sectors! 🌟 #ResilienceInRealEstate: Both sectors, once heavily impacted, are now witnessing a surge of renewed interest and investment. This resurgence is a testament to the adaptability and enduring appeal of physical retail spaces and experiential hospitality. 🔁 #RetailReimagined: Retail is evolving, blending in-person and online experiences #OmnichannelRetail, and revitalizing shopping centers into vibrant community hubs #RetailInnovation. 🛏️ #HospitalityRising: The hospitality industry is not just bouncing back; it's innovating. From boutique hotels to sustainable tourism, we're seeing new trends that cater to the changing preferences of travelers #SustainableHospitality. 💡 Why It Matters? As investors, developers, and entrepreneurs, this resurgence opens a plethora of opportunities. It's about being part of a dynamic landscape that's redefining consumer experiences and investment strategies #realestateinvestment. 🌐 #GlobalOpportunities: The global nature of this comeback story means diverse opportunities, from local projects to international ventures #InternationalInvestment. 📈 #StrategicInvesting: For those looking to invest, it's an exciting time to dive into these sectors. But, as always, strategic thinking and market analysis are key #MarketAnalysis. 🤝 #CollaborationIsKey: This comeback is fueled by collaboration between developers, brands, and communities, highlighting the power of working together in shaping future trends #communitydevelopment. 🔮 The Future? Bright and promising! As we continue to innovate and adapt, Retail and Hospitality in real estate investment are set to not just recover but thrive #FutureOfRealEstate. #RealEstateTrends #RetailInvestment #HospitalityIndustry #EconomicRecovery #BusinessResilience #RealEstateDevelopment

Are your customers struggling to find their oat milk lattes amid a crowd of bars, burgers, and boutiques on your maps? Don’t let map clutter lead to confusion and lost revenue. Introducing Focus Mode—a new enterprise feature for airports, malls, workspaces, and communities. Give visitors complete control to filter by location category and quickly discover new places and brands. Talk to our experts to see how you can improve your maps and unlock opportunities for additional revenue: https://hubs.li/Q02wm7K00

Check out this article from Financial Times about the growing popularity of axe-throwing and mini-golf bars in the UK hospitality scene. It's fascinating to see how these unique attractions are driving foot traffic and enhancing the overall customer experience. It's clear that businesses are getting creative to stand out in a competitive market. #UKHospitality #AxeThrowing #MiniGolf. https://ift.tt/UxVKgL0

An escalator is the vital medium to commute inside the shopping centers. It leaves impressions on customers' minds without them even realizing it.   Why not mark an impact on their minds and let the footfall elevate with a word-of-mouth?    Check the range of escalators and select the best fit for your shopping venue. Feel free to contact us. #EscalatorImpressions #CustomerExperience #ElevateFootfall #WordOfMouth #ShoppingVenueEnhancement #EscalatorImpact #CustomerImpressions

This is an interesting move. 365 Retail Markets, a global provider of unattended retail technology, announced the acquisition of Impulsify, a Denver-based retail technology firm focused on providing grab-and-go experiences in #hotels and multifamily communities. We don't see very often that retail #tech providers enter the #hospitality market. The synergies across the two companies will add further value to existing customers by removing barriers into the hospitality sector and providing more tech-forward and robust solutions compared to traditional vending products. The solutions also offer a strong appeal to prospects looking to provide more convenience options to consumers, no matter where they are. https://lnkd.in/dTNH4VZ9

P-THREE’s 2024 PERSPECTIVES predictions continued… a prediction by John. 🌟 Elevating Shopping Centres to Social Hotspots! Get ready for an exciting transformation in the world of shopping! In 2024, prime shopping centre assets are set to receive a boost as premier regional and super-regional hubs become dynamic social destinations. 🌐🍽️ 📈 Strong growth is on the horizon, measuring success not just by footfall and sales but also by creating vibrant, social spaces. Imagine shopping centres as more than just places to shop – envision them as hubs for entertainment, events, meetings, and dining experiences! 🎉 Lakeside and The Trafford Centre are leading the way, proving that the potential for these centres knows no bounds. With a diverse consumer offer, these hubs are redefining the shopping experience, making it more engaging and memorable. 💼 It’s not just about what you buy; it’s about the experiences you create. Shopping centres are becoming social hotspots, welcoming a wave of potential occupants eager to be part of the vibrant tapestry. https://lnkd.in/dxkiERHZ #PTHREE #PeoplePlacesProperty #EcoFriendlySpaces #FutureOfShopping #SocialShoppingHubs #RetailTransformation #ShoppingCenterRevolution

Did you know that basketball originally was played with a soccer ball, and took the jump ball from rugby? It's amazing how different things can inspire new ideas. This made me think of our customers that call their #customers "guests" – just like hotels do. Usually, "guest" is for places you stay, but they use it to show they want their customers to feel welcome and special. Then I read this article about how hotels are using technology to give guests a more personal experience. It made me realize that both hotels and home furnishing #retailers are trying to do the same thing: using #technology to help make their customers feel special. So, even though this article is from the hospitality sector, I think there are some great ideas for home furnishing stores too. Here's the link if you want to check it out: https://hubs.la/Q02ycWzh0 #customerexperience #techinnovation #thoughtleader