Town Centres are under increasing pressure from on-line shopping, regional malls, Out of Town retailing and supermarkets. The Portas report has highlighted many issues but has provided only limited solutions. Pressure from alternative channels and competing destinations requires Town Centres to improve without major retail development. This means attracting new retailers, maintaining shopper footfall and ensuring that retail places remain relevant to changing consumer needs.

FSP assesses the unique local factors which affect retailer and shopper performance. FSP combines both experience and insight to provide Town Centres with the best, most realistic strategies to improve the commercial performance of town centres.

Town Centres need to:

  • Understand their shoppers
  • Identify key competition and its attraction
  • Share information with stakeholders
  • Ensure marketing spend is targeted and effective
  • Persuade target retailers of the profit opportunity
  • Understand retailer performance

FSP has worked with Town Centres to understand the key issues and develop a focused, inclusive plan of action. Contact FSP to find out more.

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  • FSP’s research has helped us formulate a clear and achievable proposition for the asset. Our Client now has confidence to invest more funds and we are now committed to delivering the future vision

    Anne-Sophie Maisonrouge|President, Terranae

  • FSP provides a commercial 'reality check' of 'demand' based on actual market analysis and the socio-economic composition of the catchment which then needs to be considered alongside 'theoretical' capacity figures. This provides an added dimension when considering and understanding development proposals and one that tends to be overlooked by many planning and property professionals

    Adrian Swift|Chief Planning Office, Blackburn with Darwen Borough Council

  • FSP’s detailed analysis of the scheme, in particular the performance of the different retailers, enabled L&G to make a confident decision to invest in a strong trading retail park. Going forward their market insight is sure to prove invaluable as L&G pursues a number of asset management initiatives.

    Nic Elvidge|Senior Asset Manager, Legal & General Investment Management

  • FSP has helped us to identify the core customer at our retail park assets and also provided targeted research support during on-going leasing discussions

    Paul Chester|Senior Asset Manager, Legal & General Investment Management

  • 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|Equity Partner, Wilkinson Williams