MRI Springboard’s webinar looked back at how retail destinations have performed since the start of 2023 with a focus on:
The effect on footfall of hybrid working and economic challenges which include ongoing inflationary pressures, the cost of living crisis and rising energy costs that are impacting bricks and mortar retail destinations
energy usage trends and the importance of managing usage across bricks and mortar retail
insights from industry guests on how they are navigating these challenges
The session covered key footfall and market trends since the start of 2023, over Easter, the early May bank holiday and the Coronation weekend.
With energy costs being at the front and centre of strategies for bricks and mortar stores and destinations, understanding current usage of energy is critical, in order to be able to reduce unnecessary costs and establish a strategy moving forward.
Marketing and Insights Director, Diane Wehrle, was joined by industry guests who reflected on how different technologies can support with cost management and help boost the performance of retail destinations.