News, views and industry trends
Retailers boosted by Black Friday week as UK footfall surges by +7.9%
The latest insights from retail analysts MRI Software (previously Springboard), show the Black Friday week offered optimism for UK retail destinations this Golden Quarter. Across all UK retail destinations, footfall jumped by +7.9% against the week p
Is UK retail losing out on the Black Friday glow?
MRI Software predicts subdued Black Friday footfall for retailers amid restricted consumer spending power. MRI Software (previously MRI Springboard) has forecast subdued Black Friday sales, as issues loom over retailers. Restricted consumer spending
What are the benefits of green leases?
The real estate industry is evolving and one of the prominent trends shaping it is the adoption of sustainable practices. Green leases have emerged as a powerful tool in recent years, offering a range of benefits for both landlords and tenants. In th
What is a property management chatbot and how can it benefit property managers?
In an era where technology is shaping the future of real estate, property management chatbots are emerging as essential tools for efficiency and innovation. Powered by artificial intelligence, these chatbots are redefining how estate agencies intera
What are green leases?
In the pursuit of sustainable practices and the race towards achieving net-zero targets, an instrumental tool has emerged in the real estate landscape: green leases. These contracts go beyond the conventional lease agreement, signifying a joint commi
How monitoring energy usage on commercial buildings can reduce energy costs
Operational expenses play a significant role in the profitability of a commercial business. One major expense is the energy cost of running a commercial building. From lighting vast spaces to running machinery, energy costs can quickly escalate. With
What is power factor correction and how can it save energy?
For commercial business owners, understanding your energy consumption is essential. When evaluating the performance of a building, the main goal is always to reduce energy consumption and costs wherever possible. However, one aspect that is often ove
MRI Software forecasts a challenging Christmas for retailers
MRI Software forecasts a challenging Christmas for retailers with YoY footfall drop in lead up to December as households continue to feel cost of living constraints. The retail intelligence experts at MRI Software (formerly MRI Springboard) are forec