Simon Peacock’s Post

We wrote "The Retail Equation" in 2017 with a bit of science and a load of guesswork, but it turns out that we were right ✅. In 2024, we now know that online is here to stay, but sales have plateaued (as predicted) and shops and stores form the majority channel for consumers and the most profitable place for brands. If you're in it, you are probably winning. Well done! #shops #stores #bricks #retaillogistics #retailequation #retail #jll #ynwa

Store Wars 😂. If you have an interest in understanding how online sales and physical retail sales are developing, in one of the most mature retail markets globally, than the article below is well worth a read.

Four years on from the start of lockdown, the legacy of the pandemic and its impact on consumer shopping behaviours is still visible. But while some of the changes have persisted, none have sparked a fundamental shift. Despite early predictions of a radical sea-change in consumer behaviour, shoppers have returned ‘en masse’ to physical stores, which is boosting the prospects for brick-and-mortar retailers and retail places across the country. In our latest views article we examine the evidence for and the drivers behind the resurgence of physical shopping and what it means for the outlook for the market in general. Read the full article here https://lnkd.in/eyX9ME8M Colin Burnet Jonathan Heptonstall Tim Vallance #RetailRevival #CRE #RetailTrends #CREInsights

It is not uncommon for the biggest companies in retail sectors to solely operate online. But how does the future of the shopping industry look, and what are some trends we can expect to see in the near future

Post covid shoppers have returned ‘en masse’ to physical stores, which is boosting the prospects for brick-and-mortar retailers. We examine the evidence for and the drivers behind the resurgence of physical shopping and what it means for the outlook for the market in general. Read the full article here: https://lnkd.in/ed4kgTZF Colin Burnet Jonathan Heptonstall Tim Vallance #RetailRevival #CRE #RetailTrends #CREInsights

"𝗢𝗻𝗹𝗶𝗻𝗲 𝘀𝗮𝗹𝗲𝘀 𝘄𝗶𝗹𝗹 𝗰𝗮𝗽𝘁𝘂𝗿𝗲 𝟮𝟰% 𝗼𝗳 𝗴𝗹𝗼𝗯𝗮𝗹 𝗿𝗲𝘁𝗮𝗶𝗹 𝗮𝗻𝗱 𝗯𝗲 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹 𝗳𝗼𝗿 𝗯𝗿𝗮𝗻𝗱𝘀, 𝘆𝗲𝘁 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝘀𝗮𝗹𝗲𝘀 𝗰𝗵𝗮𝗻𝗻𝗲𝗹 𝘄𝗶𝗹𝗹 𝘀𝘁𝗶𝗹𝗹 𝗽𝗿𝗲𝘃𝗮𝗶𝗹: 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝘀𝘁𝗼𝗿𝗲𝘀. 𝗜𝘁 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗵𝗮𝘁 $𝟮𝟭.𝟵 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 $𝟮𝟴.𝟳 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝘄𝗼𝗿𝗹𝗱𝘄𝗶𝗱𝗲 𝗿𝗲𝘁𝗮𝗶𝗹 𝘀𝗮𝗹𝗲𝘀 𝗶𝗻 𝟮𝟬𝟮𝟴 𝘄𝗶𝗹𝗹 𝘀𝘁𝗶𝗹𝗹 𝗵𝗮𝗽𝗽𝗲𝗻 𝗼𝗳𝗳𝗹𝗶𝗻𝗲, 𝗵𝗶𝗻𝘁𝗶𝗻𝗴 𝗮𝘁 𝘁𝗵𝗲 𝗲𝘃𝗲𝗿𝗹𝗮𝘀𝘁𝗶𝗻𝗴 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗿𝗲𝘁𝗮𝗶𝗹." In our line of work, it's never a bad day to have our own thoughts reaffirmed with stats! With a population of shoppers intent on keeping bricks-and-mortar alive, we are constantly busy designing and developing retail spaces which offer pretty enviable experiences. And with these kinds of stats from Forbes, it's nice to know that the brands and retailers we work with are reaping the benefits from a generation of shoppers intent on keeping bricks-and-mortar alive. What do you think about the physical stores prevailing in the future of retail? ✨ https://lnkd.in/eBj2dnhx

Time to debunk the myth bricks and mortar retail is not dead? 🛍️ Everyone shopping online you say? During the pandemic, we all got cozy with our screens, clicking away like there was no tomorrow. But here's the kicker: in Canada only a measly 6% of all retail sales happen online. Surprised? You're not alone. Even at the height of the online shopping frenzy, it only reached 10%. So why the loyalty to bricks and mortar? 🤝 We're social creatures by nature. After months of Zoom calls and Netflix binges, we're itching for some face-to-face interaction. Give us a retail experience that feels like a warm hug, and we'll keep coming back for more. 🍁 With 90% of Canadians prioritizing homegrown retailers, it's clear we've got a soft spot for our neighbors. Covid made bricks and mortar retail inaccessible. But our desire for in person did not waver. Shoppers preferences were still leaning to in person, craving more than just a transaction. A retail specialist also helps us to navigate the endless aisles of options and usually with a smile! That's where the magic of in-person shopping comes in. Whether it's a knowledgeable staff member or a hands-on demo, there's nothing quite like it. And let's not forget the joy of a hands-on experience with our purchases. From testing out the latest gadgets to feeling the quality of fabrics, to checking out the fit it's an experience you just can't replicate online. With foot traffic up in most business improvement districts we are out and about and looking to shop. Last but not least, there's something downright magical about a well-curated retail space. Whether it's the scent of fresh flowers or the sight of a beautifully decorated window display, it's like stepping into another world. With a renewed focus on community, experience, and good old-fashioned fun, bricks and mortar retail is not dead just boring bricks and mortar retail is dead. Let's raise a glass to the enduring charm of the in-person shopping experience and to the retailers who continue to delight us with their presence! 🥂 #retail #retaileducation #indieretail #theretaileducationstore #retailexperts

🚨 Blog time 🚨 Did you know using shopping baskets in your retail business can help to boost sales? 💷 Take a look at our blog to discover the 5 ways in which these simple items can help to take your business to the next level ➡ https://lnkd.in/g58fA4AT

Retail foot traffic is expected to fully recover to 2019 levels by Q3 this year according to one report. However, retailers still struggle to find space and employees. E-commerce is a catalyst for more in-store sales, which means that stores cannot ignore either component. How do your online and in-store sales compare? What challenges are you facing in your business? #retail #retainers #store #shopping #sales