Our strategic retail consultancy service is aimed to equipped our clients with the best strategic advice and planning to address the various difficulties faced during the different life cycles of shopping center or mall. In particular, with retail strategic consulting, we specialize in helping our clients develop the right strategies right from the start during the initial concept and design stage of the development. We are also highly experienced in creating the right retail strategy to drastically improve the profitability and marketability of an underperforming retail development.
Some of the key stages Strategic Retail Consultancy include the following:
- DEVELOPMENT GUIDELINES FOR PREPARATION OF THE DESIGN PLAN
Advice on overall guidelines of the retail development as a starting point for any design work.
- ASSESSMENT OF RETAIL ASSET, PLANNING GOALS AND REQUIREMENTS
Provide detailed analysis of the site, market and existing retail asset (if applicable) to identify the strengths, weaknesses, opportunities and threats. To identify the goals and parameters of the project.
- RETAIL CONCEPT GENERATION
Through research, analysis and experience of the local market, we identify, generate and place the suitable program(s) within a project to create a rich, attractive and sustainable development.
- DESIGN INPUT
Following the evaluations carried out during the retail concept generation for the Property, we provide project specific commercial market input to the design dialogue.
- GROSS & NET SPACE ALLOCATION STUDY
In conjunction with RFI, we will also repeatedly analyze the efficiency ratio of the retail property including an analysis of the ratio of high to low yielding usage in view of optimizing the overall financial returns for the shopping center or mall.
- TENANT MIX
Conceptualize the ideal tenancy mix that would be best suited to the chosen retail concept which is derived from evaluating the customer base and market capacity.
- RETAIL THEMES
Develop and advice on different retail themes using differentiating elements, such as the design, merchandising and marketing.
- FINALIZE RETAIL STRATEGY
Drawing together all data, and recommend a retail strategy is created that is executable and realistic.