Impact Studies
“Unless you’re growing, you’re dying” – so says the mantra of modern business.
Shopping centres must constantly look for opportunities to grow. But when it comes to making a step-change such as a physical enlargement, how do you estimate consumer demand, or how do you judge the effect on your own market of neighbouring centres’ expansion?
In the past the UK planning regime has provided a certain amount of protection from competition within similar markets, but current trends suggest the planners are moving towards letting the market sort out their own conflicts. The need for reliable, well-founded research is obvious if you are to investigate opportunities for your own expansion and be able to present evidence against competing developments.
FSP will provide that research for you. Use of modelling techniques based on the long-running NSLSP, which has measured the impact of retail developments in the UK for more than 10 years, enables clients to anticipate change in retail catchment areas. FSP’s service has proved of value to clients as diverse as small centre managers to the largest retail expansions in the country.
Be prepared for the future and grasp opportunities before they turn into threats. Contact FSP to find out more.
Click here to view Impact Study case study.
Contact us on 01494 474740
or alternatively
“The FSP research helped our understanding of the Park’s shoppers and provided information that assisted our discussions with target retailers. The bespoke reports provide key benchmark statistics and quantify the profit opportunities to retailers. They also help illustrate to landlords the scope for future growth and can formulate part of an asset management strategy.”
Mark Phelps
Letting Agent,
Wilkinson Williams