Posted by: FSPRetail , 26 May 2011
How to save our town centres - EGi 23/05/2011
read more…
Tags: RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by: FSPRetail , 20 May 2011
As discussed in a previous SnapShop Blog Waterstone’s Vs. Amazon, HMV has sold its Waterstone’s book store to Russian investor Alexander Mamut for a reported £53 million. read more…
Tags: GEOFF'S VIEW, RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by: FSPRetail , 17 May 2011
Mary Portas has been appointed by Department for Business, Innovation and Skills to carry out a review aimed at halting the "decline of the high street" in England. That the decline is real is well attested by shop vacancy rates and the achieved levels of rents in many “secondary” towns. The solution will be more fundamental than improving the level of customer service. read more…
Tags: GEOFF'S VIEW, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by: FSPRetail , 26 April 2011
Recent reports have stated that the online clothing market has doubled over the last five years.
An increasing number of shoppers have access to the internet , choose to shop from the comfort of their sofa, and have abandoned the high street. read more…
Tags: E-TAILING, FUTURE OF RETAILING
Posted by: FSPRetail , 17 March 2011
The outlook for town centre retailing is much worse, and the required action is more urgent, than is suggested in the BCSC and Lunson Mitchenall report on the Shopping Centre development pipeline. read more…
Tags: GEOFF'S VIEW, RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, SHOPPERS
Posted by: Hpratley , 18 January 2011
Marks & Spencer and House of Fraser have joined O2’s ‘You are here’ location-based marketing service.
They are both taking part in a pilot location-based ad campaign which enables the retailer to target consumers with special offers. read more…
Tags: RETAILERS, E-TAILING, FUTURE OF RETAILING, SHOPPERS, SOCIAL COMMENTARY
Posted by: FSPRetail , 12 May 2010
Fashion typically accounts for over 60% of shopping centre floorspace and 70% of rental income. Achieving an appropriate mix of fashion retailers to engage and delight shoppers is clearly central to creating valuable retail assets. Detailed fashion market analysis however, can be confused by overly general lifestyle classifications and is often ignored in favour of easier but less relevant merchandise mix and price position analysis.
In response to this challenge, FSP has undertaken detailed research into fashion purchasing behaviour and developed an attitudinal segmentation system. The research identifies two sets of relevant perceptions or attitudes: read more…
Tags: FUTURE OF RETAILING, STATISTICS, REGENERATION AND DEVELOPMENT
Posted by: FSPRetail , 22 April 2010
Unless landlords take the initiative, town centre retailing will die out within a generation in a large number of middle sized UK towns. read more…
Tags: GEOFF'S VIEW, FUTURE OF RETAILING
Posted by: FSPRetail , 31 March 2010
Managing Director Geoff Nicholson comments in Retail Weeks' Letters To The Editor on an article from issue 12th March 2010. Link unavailable. read more…
Tags: TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, RETAIL PROPERTY
Posted by: FSPRetail , 27 July 2009
There have been several hysteria-inducing reports released in the press over the last few weeks. About certain high streets being at risk of demise, sales feeling the pinch because of swine flu (!!) and discounting reaching dangerous levels. Most of this is old news and the rest hyperbole, so a bit of real perspective should be applied to make sense of it all. read more…
Tags: RETAILERS, FUTURE OF RETAILING
Posted by: FSPRetail , 23 July 2009
The BRC this week issued their report, 21st Century High Streets: A Vision for our Town Centres, which, in its introduction states “Good retailing is all about great products supported by great people giving great service. It’s down to retailers to provide all of that for their customers. It’s something British retailers, large and small, excel in. But to trade profitably we need customers, drawn in by a pleasant, safe and accessible High Street offer”. Sensible. Indeed the whole report is essentially common sense, but someone needs to drive the message home. read more…
Tags: TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by: FSPRetail , 16 June 2009
I see David Wild has noted that “Reserve & Collect success drives 90% growth in multi-channel revenue” when announcing the Halfords preliminary results last week. What he means is that Halfords are making a killing out of people who can’t be bothered to go and look around the shop, or, more likely, are savvy enough to know that time spent in a fruitless search around the shop is time lost from more worthwhile pursuits. Halfords have tapped into the very sound idea that people can surf for their goods from the comfort of their own home, then pop in to collect when they’re out and about anyway. This saves on the delivery charge for the customer, but has the benefit that these customers are brought into the store anyway, offering Halfords the opportunity to persuade them to part with more cash whilst they’re there. Looks like a win:win to me. read more…
Tags: RETAILERS, FUTURE OF RETAILING, SHOPPERS
Posted by: FSPRetail , 26 September 2008
Those of you out there who receive SnapShop Monthly will see from my leader that reasonable economic performance in the UK (until recently!) has not been reflected in retail and I wonder why. Although there are possible social and psychological explanations, at FSP we believe the valid explanation is an industrial one. This is where the future retailing landscape is being shaped by the rapid expansion of online retailing, the increasing sales of non-food through grocery outlets and the increasing number of retail parks trading with Open A1 retailers. read more…
Tags: FUTURE OF RETAILING, GENERAL
Posted by: FSPRetail , 22 February 2008
Analogies between business and warfare can be over-done. Perhaps in the realm of intelligence there is a parallel. Both business leaders and generals need to adapt strategy in the light of “events”. But how do they know which events, what changes are significant? The military, it has been said, is always preparing to fight the last war, not the present. Too often, intelligence systems fail to monitor what is strategically most significant. read more…
Tags: GEOFF'S VIEW, FUTURE OF RETAILING, STATISTICS