Seeing potential for growth in a though market. Consumers are looking for an experience and service. The retailer is being challenged to think and act differently.
The retail real estate market has seen declining numbers of consumer spending. This is related to the current economy and to the decline in consumer confidence. Internet shopping is a structural cause of this. The remaining demand can be divided into daily groceries and shopping for pleasure. In the case of 'fun shopping', the consumer is increasingly asking for shopping areas with a recognisable experience.
That recognition is all about the store formula. But it is also about great accessibility, parking facilities, and stores that have a complementary product range. Collaborating with the right partners, GREEN sees potential for growth in retail.