Author: Marketing, 26 September 2017

The FSP team is buzzing from a hugely successful Revo 2017, connecting with clients and colleagues from the retail property and place-making community. The new format at REVO worked well and, for us, opened the event up in terms of conversations, networking and catching up.

Here’s a digest from the event in case you missed it:

  1. We had strong interest from retailers looking to capitalise on their new store and network insights.  This builds on the trend FSP has seen around clients looking to create new ways to optimise their store estate as they adapt to a range of market pressures, from unpredictable high street performance through to the impact of digital.
  2. We had an overwhelmingly positive response to the launch of MENU, our new F&B segmentation model. This indicates that more landlords are looking at how they navigate the uncertainty that’s overtaken the seemingly unstoppable F&B sector.
  3. There was a real resurgence from the public sector this year, definitely one to watch. Public sector colleagues brought a commercial, creative mind-set to Revo, particularly around the issue of generating independent income.  Investing in local shopping centres, developing conference centres…… we predict more innovation within the sector in the near future.
  4. The conversation around Brexit is starting to move on. While the property community’s consensus is naturally for a good trade deal, general market uncertainty – especially around F&B - was far more front of mind this year.  We’re seeing smarter players focus on strengthening their tenant mix, reducing their reliance on Europe in the shorter term. Lower value fashion retailers seem to be hit the hardest at the moment, especially as shoppers are increasingly keen for a bargain, so shop online. Looking ahead, we expect centres to broaden their offer to include a strong mix of leisure and F&B, creating a more compelling offer as a destination centre. 
Revo 2017

If you’d like to discuss any of the above issues then please contact us.

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