retail and leisure data | ART Software Group https://www.artsoftwaregroup.com The ART of Experience in Software Mon, 09 Dec 2024 14:50:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.5 https://www.artsoftwaregroup.com/wp-content/uploads/2019/03/cropped-art-icon-32x32.png retail and leisure data | ART Software Group https://www.artsoftwaregroup.com 32 32 Back to the Future  https://www.artsoftwaregroup.com/back-to-the-future/ Mon, 09 Dec 2024 14:48:47 +0000 https://www.artsoftwaregroup.com/?p=8278 As featured in Retail Destination magazine, ART’s director, Gareth Jordan, explores how we might look Back to the Future to inspire retail strategies as we head towards 2025.  This year celebrates the 35th anniversary since the release of Back to the Future Part II (the film where they go to the future), so we thought […]

The post Back to the Future  first appeared on ART Software Group.]]>
As featured in Retail Destination magazine, ART’s director, Gareth Jordan, explores how we might look Back to the Future to inspire retail strategies as we head towards 2025. 

This year celebrates the 35th anniversary since the release of Back to the Future Part II (the film where they go to the future), so we thought it might be fun to explore themes and predictions in this cult classic to see how close they came to reality and where they might inform real retail innovation today. 

Although it was a vision of 2015 way back when the film was made in 1989, we find a mix of imagination with timeless lessons about technology, customer engagement, and adaptability. Futuristic technology often conjures visions of device-heavy retail environments and virtual interactions. Still, it is the invisible digital layer that will continue to set forward-thinking retail destinations apart in 2025. 

Anticipating Consumer Expectations

In Back to the Future Part II, the future (now) includes hoverboards, electronic payments, flying cars and VR headsets. While only some of these ideas have materialised, they reflect how imagining the future can inspire genuine advances and also align with customer desires.

Lesson for 2025: Be bold  

Embrace bold, forward-thinking ideas to anticipate and create demand. The world is undergoing seismic shifts, and many brands are responding with dramatic overhauls. Some are desperate gambles, while others are well-planned transformations happening quietly behind the scenes. Take Jaguar’s recent rebrand — it’s unconventional, surprising, and a bold signal that a dramatic change is coming, sparking conversations everywhere. Their approach breaks away from traditional norms, teasing a new era. What exact changes will emerge from the brand are still yet to be seen, but  it is a good illustration of how bold moves can set the stage for potential future success. 

In today’s fast-moving landscape, standing still simply isn’t an option. However, boldness must be backed by deep analysis. If we are only relying on surface-level data or simplistic metrics, we can easily be led astray. True progress demands getting into the weeds, understanding the nuances, and uncovering the key factors that will shape your future. Success comes to those willing to dig deeper and act strategically alongside a willingness to be daring.

Retail Destination Magazine Back to the Future trends for retail technology

The Role of Nostalgia

The film’s recurring theme of nostalgia reminds us that while people love innovation, they also value connection to the past.

Lesson for 2025: Old Fashioned Service 

Combine cutting-edge innovation with nostalgic elements. For example, reimagining a classic approach to customer service where people’s interactions are improved with smart insights. This can improve performance to attract new and reward existing customers or forge deeper working bonds with your brand partners. 

Measure the impact of your interactions and efforts. Much like any other area of retail, we need to know if what we are doing works and then fine-tune actions to make measurable gains. Customer service is as important a metric as any other and can be used alongside other KPIs to discern insight and explore relationships and correlations. Whilst many teams have taken this on board and are being highly praised, people still hark back to a time when you could get good service everywhere. Get those mystery shoppers out there and test how close you are to the gold standard. 

Time-Traveling Data

All of the Back to the Future films emphasise how knowing the past (or the future) can give a competitive advantage.  In Part II, Biff’s infamous sports almanac contains the results of major games and races. 

Lesson for 2025: Data is the almanac of modern retail

Lesson for 2025: Data is the almanac of modern retail

Real-time data and predictive analytics are increasingly critical in managing retail destinations. Movement tracking, dwell-time analysis, catchment data and brand performance monitoring etc. help destination managers make informed decisions about tenant mix, store placement, and marketing campaigns. For example, using heat-mapping technology to identify high-traffic areas can guide strategic placement of key tenants or promotional activations, maximising engagement. Similarly, predictive analytics can inform event programming or brand selection based on customer preferences and trends.

AI forecasting is also revolutionising predictive analytics by simplifying the process and eliminating the complexities of traditional methods. With just a few clicks now, tools can give you the ability to customise your insights by applying filters and adjusting variables, tailoring forecasts to answer your unique questions. We are facilitating our clients to dive deep into the past with their historical data and emerge with predictions that empower smarter, data-driven decisions as they look to the future. 

Adaptability to Change

Marty and Doc Brown constantly adapt to new challenges, illustrating the importance of agility.

Lesson for 2025: Agility 

The traditional anchor-tenant model is being redefined to include a mix of shorter leases and pop-ups, digitally native retailers, and boutique offerings to create unique places and more flexibility. Retail destination managers are curating a diverse tenant mix that reflects changing consumer interests, such as fitness studios or culinary and leisure experiences. Thematic zoning informed by data insights, such as organising clusters of stores around specific themes like wellness, technology, or fashion, helps create distinct identities for spaces that can adapt with consumer shifts. It also offers points of comparison at a portfolio level for things that don’t sit within common boundaries. 

Personalisation and Immersive Experiences

The film’s futuristic but nostalgically themed Café ’80s shows a blended mix of digital ordering, which is now a very familiar picture in restaurants today. However, the prediction that people living in 2015 would design 80’s themed cafés is perhaps interesting in itself, given the rise of immersive hospitality. 

Lesson for 2025: Personalise and make it memorable 

Not every moment can or should be a wow experience, but by leveraging technologies, you can offer customers a self-selecting experience that allows them to choose when they want to engage. Through AR, VR and AI-driven personalisation, placemakers can create unforgettable shopping destinations with the right mix of wow moments and digital and interactive experiences to suit their destinations. Whilst it is not about transforming all retail or restaurants into theme parks, some exciting immersive operators take themed shops and hospitality to new sensory levels. For example, I recently saw the founders of Ephemera Group speaking about their immersive restaurants in Paris, where spaces are customisable and include taking diners to space or under the sea.  

Join us at Retail Destination Live 2025, where we will be delving further into the views of different professionals on the future of technology in retail with a panel session. The agenda shaping up promises important debate and learnings for the year ahead. 

The post Back to the Future  first appeared on ART Software Group.]]>
Insights from RLI Connect 2024 https://www.artsoftwaregroup.com/insights-from-rli-connect-2024/ Thu, 31 Oct 2024 10:27:49 +0000 https://www.artsoftwaregroup.com/?p=8235 This year, RLI Connect Global Forum took us on a journey into ‘A New Era of Creating Next-Generation Word-Class Destinations’. RLI Host, Owner & Publisher Jayne Rafter honed in on the transformative power of innovation, sustainability and immersive experiences with a snapshot of leading retail destinations that entice both local and global customers with a […]

The post Insights from RLI Connect 2024 first appeared on ART Software Group.]]>
This year, RLI Connect Global Forum took us on a journey into ‘A New Era of Creating Next-Generation Word-Class Destinations’. RLI Host, Owner & Publisher Jayne Rafter honed in on the transformative power of innovation, sustainability and immersive experiences with a snapshot of leading retail destinations that entice both local and global customers with a “real feel for the place you are in.” 

Jayne Rafter hosting RLI Connect 2024

RLI Host, Owner & Publisher Jayne Rafter

The conference covered the shifts from transaction to the experience economy, as well as trends like edutainment, hospitality excellence, and collaboration between public and private investment to stimulate economic and community impact. For us, authenticity, as well as analytics, came through as a guiding path. Here are just a few key insights we took away from the day. 

“The smaller the world gets, it seems the bigger it gets too.”

Dimitri Lalagos, SVP American Dream (New York) 

Joining a panel alongside operators of diverse destinations in Macao, Riyadh, and Dubai, Dimitri commented that, as competitive as New York is with high retail saturation, we have to think about today’s competition on a global scale because there is so much wallet share.  

Dimitri Lalagos, SVP American Dream speaking at RLI Connect 2024

Dimitri Lalagos, SVP American Dream

Adapting to the customers’ new needs post-pandemic, leisure now represents 55-60% of the retail mix at American Dream. Dimitri advised that their job as retail developers is constantly evolving, allowing space for their retail and leisure partners to evolve too. By analysing data to accommodate partners better, “it’s about making space for them to put their best foot forward.”

RLI Connect 2024 panel discussion

“You are not talking about buildings. You are going into relationship management.”

Timothy Jones, SVP Retail Sands China

Responsible for 850 retail stores and 2.2 million square feet of retail space, Sands Shoppes Macau captured 40% of retail spend across the city in 2023. With Macau forecasted to attract 33 million visitors this year, Timothy spoke about the essential need to understand what the customer does on the property and the use of data and analytics to curate the experience. “What makes it tick are the people that visit and the people that make it work”, so he said it is about understanding that human relationship to understand how things stick together and be successful. 

 “Why can’t the high street be as dynamic as my social feed?”

Ariel Haroush, Founder & CEO OF Outform | Founder & Chairman of Future Stores
Future Store Oxford Street at RLI Connect 2024

Ariel Haroush showcasing Future Stores on London’s Oxford Street

Ariel joined a panel about retail renaissance and transforming physical stores into experience-driven platforms. Riffing on earlier panels and the priority to attract the new young consumers that live in the moment, he opened with a story about his young son that perfectly captured customers of the future. Driving along, Ariel’s son asked him to change the song. Ariel answered that they were listening to the radio, but his son insisted on skipping the song again, and Ariel had to explain the concept of live radio.  

Understanding the need to grasp shoppers’ attention in milliseconds, Ariel explained his immersive retail media store concept, Future Stores, which opened on London’s Oxford Street this month. Inspired by the billboard that comes to life in Back to the Future, the stores blend media, retail and digital performance marketing with LEDs covering 400 sqm of wall and ceiling space at Oxford Street, their second location after New York. 

Designed to host brands for no more than two to three weeks, Ariel explained that it was about “conversion and curation,” turning retail into something more like your social feed. The store optimises itself with data and can change the messaging according to the colours and branding that customers respond best to. “The store itself is a living thing based on what’s happening in the data”, he said.

One of Jayne’s key takeaways was that by connecting and working together across industries and sectors, innovation thrives through a shared sense of purpose. The next big chance for the industry to connect is coming up at MAPIC. So, get in touch if you want to schedule a meeting or request a demo to see what Retail Advantage can do for your data, analytics and innovation strategy. 

The post Insights from RLI Connect 2024 first appeared on ART Software Group.]]>
McArthurGlen Designer Outlet Paris-Giverny launches with Retail Advantage https://www.artsoftwaregroup.com/mcarthurglen-designer-outlet-paris-giverny-launches-with-retail-advantage/ Wed, 17 May 2023 12:37:21 +0000 https://www.artsoftwaregroup.com/?p=7839

McArthurGlen’s newest shopping destination to the west of Paris, which opened on Thursday 27 April

Reinforcing a long-standing partnership and focus on innovation with next-generation analytics from ART Software Group, we are pleased to announce that our Retail Advantage platform is now supporting McArthurGlen Designer Outlet Paris-Giverny. 

Since McArthurGlen chose ART Software Group for its experience and cutting-edge technology in 2005, the partnership has supported McArthurGlen’s data-driven culture and pioneering approach to destination shopping. 

The McArthurGlen magNET system is a white-labelled solution developed from ART Software Group’s Retail Advantage platform and is used across their portfolio of 25 designer outlets in Europe and Canada. The partnership has organically evolved using innovative tools to uncover what McArthurGlen needs to see and achieve from the data to power successful collaboration with brands and deliver an extraordinary experience for guests. 

ART’s experience and next-generation analytics provide data capture, strategic performance and communication tools that close the gap between the amount and quality of data available to support the crucial decisions that are being made at every level of a retail and leisure destination. At the forefront of assisting professionals with faster, more effective ways to measure, report and engage, Retail Advantage creates a connected community to empower each unique destination while optimising strategy and increasing revenue across portfolios. 

Eleanor James, Head of Brand Development at McArthurGlen Group said: “It is integral that we are able to provide our brand partners with the knowledge, background and trade patterns of our centres as well as the locations, regions and countries in which they trade. Working with ART Software Group enables us to gather, analyse and dissect data from a wide selection of sources on a daily basis. We are then best placed to support our brand partners in performance maximisation, with a spotlight on delivering the best experience for our guests.” 
Gareth Jordan, Director at ART Software Group added: “Since collaborating with McArthurGlen Group in the early 2000s, their vision has helped define the data-rich model for outlets. We are proud to provide dynamic analytics and intelligence tools that truly realise the value of data, which has long been a part of McArthurGlen’s strategy for success.”

Combining fashion, art and gastronomy, McArthurGlen Designer Outlet Paris-Giverny is home to an exciting mix of luxury, premium and lifestyle brands. Located to the west of Paris just 45 minutes from the Arc de Triomphe, the centre provides the ideal day out for local style hunters, while offering a shopping getaway for the French capital’s fashion lovers and the millions of tourists that visit Paris and the Normandy coast each year.

For enquiries or to request the case study to learn more about how McArthurGlen drives performance through Retail Advantage please get in touch.

The post McArthurGlen Designer Outlet Paris-Giverny launches with Retail Advantage first appeared on ART Software Group.]]>
Learnings from Retail Destination Live 2023 https://www.artsoftwaregroup.com/learnings-from-retail-destination-live-2023/ Tue, 07 Mar 2023 14:17:10 +0000 https://www.artsoftwaregroup.com/?p=7433

Retail Destination Live decanted the big issues and changes that face the retail and leisure sector for 2023 and beyond. Setting the scene with the economy and the cost of living crisis with a presentation from The Bank of England, the day developed with insightful, upbeat energy for market changes that were long overdue. From innovation and utilising data and creative solutions, which Covid accelerated, there was a great sense of community, with everyone thinking about the values their retail destinations represent.

A panel discussion addressed challenges on the ground, highlighting the rise in antisocial behaviour. Born out of the cost of living rises with people choosing between heating and eating, but also a rebellious hangover from the pandemic, which saw some shopping centres turn into something resembling nightclubs with takeaway drinks. Simon Whiting, Centre Manager of Mermaid Quay, said, “the opportunity to learn and understand can only enlighten us and make our centres better.”

Catherine Lambert, Director from Savills added, “these kids are going to be our employees in a few years, so it’s really our problem to get a serious grip on.”

Robert Goodman, Retail Director of Shopping Centres and Urban Opportunities at Landsec, highlighted the need to work closely with communities. Reaching out to local schools is an important part of Landsec’s strategy. We also “invest heavily in data to make sure we have the right resources,” he added. Physical demand is back, said Robert, so it is essential to attract new staff and also retain security officers, which can be challenging as their roles have a growing remit. “There are some real wins when you are outward facing with community engagement and more collaborative working.”

Victoria Nichol, Centre Manager of Merseyway Shopping Centre & Redrock Stockport, said that the current climate is challenging her to look at every single penny and be more creative. “Understanding our retailers and their challenges and taking pride in the fact that we look after these unique spaces – it’s about thinking outside of the box to make sure they are used and enjoyed to the maximum,” said Victoria.

The panel reminded the room of professionals – many with reduced marketing budgets – that sometimes these things come for free. Simon Whiting contributed a great example at his centre, Mermaid Quay, where Sam Ryder hosted a busking session. Simon did not know who the singer-songwriter was at the time, but TikTok engagement quickly enlightened him.

Retail Destination Live Revo conference

Data was a hot topic throughout the day and ART’s director Gareth Jordan brought it to centre stage in his discussion with Andrew Duncan, Head of Placemaking, Marketing & Communications at Realm. The session focused on learnings from outlet operators’ effective use of data with takeaways that translated across the whole retail property sector.

“We are a long way from the down and dirty 90s, trading on red POS and sensationalist marketing”, explained Andrew Duncan. Outlets have come of age as a mature market with success and experience to share.

AI generated images of Gareth Southgate as a shopping centre manager and a shopping centre with a farmer's field inside
AI generated images visualising Gareth Southgate as a shopping centre manager and a farmer's field inside a shopping centre

Analogy-rich, topical images generated using AI prompted other industries that effectively utilise analytics. From a farm to a football pitch, the presentation visualised England football coach Gareth Southgate as a shopping centre manager to showcase hands-on management and active use of data and heat mapping to make decisions.

Andrew explained the narrative of change that is possible through a more collaborative culture built around shared insights and turnover leases to use everything they can to give the retail dynamic the best chance of success. “We turn the whole enterprise into one where initiative is rewarded,” he said.

The host, Darren Pearce, Centre Director at Meadowhall, asked Nick Peel, Managing Director at St James Quarter in Edinburgh to chime in on data ahead of his participation in the Future Gazing panel. Nick described how they created a performance culture, collecting sales data on a daily basis with analysis through Retail Advantage: “we were lucky to engage with Gareth early on” – that’s ART Software Group’s Gareth Jordan, not Southgate.

 

 

Whether you want to understand how to get more from the data you collect or learn more about how the industry is using smart tools to simply and quickly achieve connection and more community spirit, let’s discuss.

Stay tuned for next year’s location and line-up Retail Destination Live

The post Learnings from Retail Destination Live 2023 first appeared on ART Software Group.]]>
Optimise with a Digital De-clutter  https://www.artsoftwaregroup.com/optimise-with-a-digital-de-clutter/ Thu, 01 Sep 2022 14:40:38 +0000 https://www.artsoftwaregroup.com/?p=7703 September is that time of year when we get back into a routine, which means it is a key time to check in on the systems in place in the lead-up to the biggest season for retail and leisure.  See our top tips to optimise your retail destination’s digital strategy and de-clutter where necessary. 1. […]

The post Optimise with a Digital De-clutter  first appeared on ART Software Group.]]>
September is that time of year when we get back into a routine, which means it is a key time to check in on the systems in place in the lead-up to the biggest season for retail and leisure. 

See our top tips to optimise your retail destination’s digital strategy and de-clutter where necessary.

1. Think accessibility  

It’s important to make sure that you are getting the most out of the data you collect and that it delivers value to the people and brand partners working across your retail destination. 

Reviewing the data different partners and teams can access may help de-clutter hurdles that make the analytics less timely and the insights less actionable. 

Data can be very siloed, so through Retail Advantage, we structure data to be consistent. This way, analytics are presented dynamically to different teams, but still working to the same defined standards. This is essential for a portfolio of centres, but it is equally important for individual retail and leisure destinations so that different teams can access the data in real-time. 

2. Prioritise accuracy 

It is no surprise that destinations thrive on accuracy. It is essential to have the most reliable data you can. If you don’t have accurate data then you are making decisions based upon anecdotal information or simply guessing. Data gets old quickly, so it is essential to swiftly collect, incorporate checks and connect the right data points. Understanding the truth about your traffic and the impact of campaigns and other influences gives you the accuracy to target sales and increase performance. 

3. Be active 

Data only drives impact when you use the learnings.  Whether you are measuring the performance of a destination, street or store, get active about what you are measuring and what you aren’t and why. When building a picture of what is happening at a retail or leisure location, it is good to ask:

  • What questions does the data answer? 
  • What else would you like to know and are there any information gaps? 
  • How can you add value for brand partners with a data sharing strategy that helps support shared goals? 

Looking for a digital de-clutter and support with your data strategy? Get in touch or meet us at Completely Retail Marketplace in London on 27 September 2022. If you are attending, we would be delighted to share our experience and demonstrate Retail Advantage at our Stand 114. 

The post Optimise with a Digital De-clutter  first appeared on ART Software Group.]]>
Retail Destination Live: Future Places https://www.artsoftwaregroup.com/retail-destination-live-future-places/ Wed, 27 Jul 2022 15:16:32 +0000 https://www.artsoftwaregroup.com/?p=7671

Retail Destination Live returned for the first time in two years, so we wanted to share some takeaways from the day in Leicester. Hosted by Retail Destination and REVO, we were pleased to support the event, which gathered retail and leisure professionals to share insights and discuss management challenges, innovation and sustainability, all hot topics for the future of places.

Retail Destinations that offer escapism and real community

A centre Manager’s remit stretches far and wide, so delegates heard from a variety of speakers ranging from the Homeland Security Group at the Home Office to an Urban Greening start-up in order to address current management challenges with everything from security to sustainability.

We received a teaser on the UK government Bill, Protect Duty which is coming up in November following a review and consultation instigated after the terror attacks at Manchester Arena, Westminster Bridge and London Bridge. “We’ve relied on the good work of people like yourselves who’ve got a real interest in making sure your areas and locations are safe,” said Phil Wilkinson from the Homeland Security Group. Up until now, the legislation has focused on things like health and safety and fire safety but it will soon extend to policy on security and terror threats. The venues and spaces included will be locations that are publicly or privately owned including high streets, retail stores, shopping centres and markets.

The case for retail and leisure destinations to have clear policies with regard to protests and antisocial behaviour was presented by Dawn Osbourne, founder of NOVA. Having spent 26 years in shopping centre management, Osbourne characterised real community with critical situation policies that are effectively communicated to protect customers, tenants and staff. Digitalising critical communications, operational messages as well as tools to quickly report and analyse performance encompass the connection and community we build with Retail Advantage. Delving further into the digital layer of placemaking, ART’s director Gareth Jordan hosted a session with Anand Basu-Attwood, Commercial Operations Manager of Resorts World Birmingham during the Innovation hour.

 

Retail Destination Live Retail Advantage Resorts World Innovation Discussion

They unpacked the challenges managers face when introducing more leisure and F&B, but also the opportunities which were illustrated with heat maps of Resorts World. The maps from Retail Advantage, which Basu-Attwood and the team use to harness data, demonstrated the success of the new leisure mix with clear views of performance before and after they made the changes. It is true that not every retail destination has an arena, exhibition centre, spa hotel and casino like Resorts World, which is unique, however, the UK is seeing a move towards more lifestyle attractions so it was pertinent to tap into some of the technology that supports centre teams with these kinds of strategic moves. 

They discussed data to support stores and also changes across retail, F&B and leisure that drive longer visits, higher consumer spending and forge better, more-informed relationships with brand partners. Looking at the analytics to create winning places today, and in the future.

Are you up to Data?

Whether you want to understand how to get more from the data you collect or learn more about how the industry is using smart tools to simply and quickly achieve connection and more community spirit, let’s discuss.

 

The post Retail Destination Live: Future Places first appeared on ART Software Group.]]>
3 Themes Shaping Retail’s Most Desirable Destinations for 2022 https://www.artsoftwaregroup.com/3-themes-shaping-retails-most-desirable-destinations-for-2022/ Wed, 01 Dec 2021 12:53:38 +0000 https://www.artsoftwaregroup.com/?p=7456

With every year a new set of challenges presents itself and the data suggests that retail is working harder than ever. We have also seen that traditional seasonal trading strategies are not necessarily going to realise the same results.

Download our report to discover how retail destinations are harnessing unique data defined game plans and what placemakers can do to navigate the momentous transformations in store for 2022.

The post 3 Themes Shaping Retail’s Most Desirable Destinations for 2022 first appeared on ART Software Group.]]>
How landlords & managers are using data to get first off the blocks in retail’s new even playing field https://www.artsoftwaregroup.com/how-landlords-managers-are-using-data-to-get-first-off-the-blocks-in-retails-new-even-playing-field/ Tue, 29 Jun 2021 16:43:54 +0000 https://www.artsoftwaregroup.com/?p=7229

Retail and leisure destinations find themselves at a similar point – all looking to build back better in the race to robust recovery. We are seeing an exciting appetite for technology and innovation to elevate recovery. From retail destinations with the right data solutions in place that are seeing even greater benefits, to shopping and leisure locations that are reopening or opening for the first time with highly considered tools to get the right start and measure progress and potential. 

It’s true that analytics have been a hot topic for a while, but now, as everyone starts from a pretty even playing field it is essential to utilise the benefits that technology can offer in giving high streets, retail destinations, and individual stores a competitive advantage in their revitalisation strategy.

Retail real estate faces challenges, but with them come some exciting growth opportunities. The last year has shown customers how precious physical experiences are and the importance of human interaction – be it with other people, products, or brands. We are on track for a return in retail as destination retreats as tourists come back, and there is equally a trending opportunity towards retail real estate come enticing workspaces. Like the most effective properties, the most efficient data also has a well designed structure, which should be tailored to answer the individual needs and vision of a site. New and innovative concepts that seek to extrapolate information from unusual data sources or to understand performance from a completely new perspective may enhance your overall strategic options. However, even your core data, once it is being reliably collected, can quickly help you craft the unique appeal of your destination by connecting different data points for consistent learning.

Retail Data Analytics strategy Retail Advantage

Analytics in the right arms at the right moment give landlords and management teams a true picture of what is happening at any given moment. This provides greater flexibility to capitalise on what activities and tenant mixes are working, and when it is necessary to adapt. Wherever you are in your data strategy, our complete retail performance management platform Retail Advantage can arm you with the tools you need to get off the blocks fast and support a revitalised vision.

We would like to hear your goals, and share our experience in building the right data strategy with technology that delivers for the unique identity of each retail space. Get in touch to discuss your data strategy.

 

The post How landlords & managers are using data to get first off the blocks in retail’s new even playing field first appeared on ART Software Group.]]>
Ready for the new retail world? https://www.artsoftwaregroup.com/ready-for-the-new-retail-world/ Thu, 08 Apr 2021 13:46:14 +0000 https://www.artsoftwaregroup.com/?p=7042 The last 12 months saw much of the culture of retail as everybody knew it, fade into a dream. After such an unfortunate experience for the world, it is wonderful to think that we will soon welcome real-world retail back. Everyone understands that in the months ahead it will be crucial to take careful steps […]

The post Ready for the new retail world? first appeared on ART Software Group.]]>
The last 12 months saw much of the culture of retail as everybody knew it, fade into a dream. After such an unfortunate experience for the world, it is wonderful to think that we will soon welcome real-world retail back. Everyone understands that in the months ahead it will be crucial to take careful steps and get the strategy right.  

Of course this applies to so much beyond the retail and leisure industry. But focussing thought and effort on what can help us as we move forward, actually presents us with a unique opportunity. Destination teams, landlords and those trading in our city streets and shopping environments will have had time to reflect on what they need and want from their retail and leisure spaces. The same is true of the shopping public, who have also been evaluating what they need when visiting these places. Do both visions of what real-world retail should look like, align? 

In the April issue of RLI, ART’s director Gareth Jordan shared steps to cultivate community and spark a cultural reboot ready for the new retail world.

Read the Retail Insight here

The post Ready for the new retail world? first appeared on ART Software Group.]]>
Are collaboration and community the key steps to creating a new, successful retail? https://www.artsoftwaregroup.com/are-collaboration-and-community-the-key-steps-to-creating-a-new-successful-retail/ Thu, 08 Oct 2020 16:03:58 +0000 https://www.artsoftwaregroup.com/?p=6890 As with the move toward experiential retail, the trend transforming traditional retail into mixed-use community hubs has been bubbling away for some time. Indeed, both experiential and community-driven retail environments require in-person activation to bring them to life, and the current situation is reinforcing these strategies for retail’s road to rebirth post-pandemic.   Seemingly ahead of […]

The post Are collaboration and community the key steps to creating a new, successful retail? first appeared on ART Software Group.]]>
As with the move toward experiential retail, the trend transforming traditional retail into mixed-use community hubs has been bubbling away for some time.

Indeed, both experiential and community-driven retail environments require in-person activation to bring them to life, and the current situation is reinforcing these strategies for retail’s road to rebirth post-pandemic.  

Seemingly ahead of the trend when it comes to data, Designer Outlets and off-price retail locations have long relied on retail intelligence to work closely with their tenants with turnover-based leases and collective access to a comprehensive view of data.

At this crucial moment, landlords, asset managers and their tenants are having to work much more closely to get results. Performance-linked rents encourage a new type of community, one with connected partners working together to achieve the best performance fuelled by up-to-date information – A new connected retail.

Beyond the outlet sector, we are seeing more store lease agreements adapting this way which is a positive move. Owners with a true understanding of their occupiers can work smarter to deliver a clearer strategy that benefits both tenants, and their customers.   

Technology can aid the transformation of the owner and occupier relationship, helping to make it more collaborative.

Engaging and informative community tools that incorporate crucial communications (from pandemic assistance documents to changes in regulations) are naturally a key focus right now, but social shopping and tools to accurately measure initiatives and experiences will set real-world retail destinations apart post-COVID.

Even during the pandemic, there are opportunities to build a more effective and measurable way to acquire customers. Analytics have helped our clients immediately identify and nurture successful categories such as food-to-go, homeware and athleisure, as well as informing strategies to support those in need of assistance.  

The new retail is not about adding a draw for consumers through short-lived distractions. instead, it is a long road that starts now to inspire authentic community-driven mixed-use retail environments. 

Get in touch to discuss the architecture we can help you implement for a new, collaborative retail

The post Are collaboration and community the key steps to creating a new, successful retail? first appeared on ART Software Group.]]>