Landsec research says sustainable retail sites can be more profitable

That’s the key finding in a report by property giant Landsec — the owner/operator of Bluewater, Lakeside and St David’s malls, among others — and Bradshaw Advisory, revealing the potential growth for brands that rent space in a sustainable retail destination compared to traditional retail premises.Over the course of a 10-year period, brands in a sustainable retail destination “could see revenues increase by up to 13%”, the ‘Potential of Sustainable Retail’ research shows. คำพูดจาก สล็อตเว็บตรง

And overall, footfall for such destinations could see a 6% increase, leading to a potential boost of up to £100 million for local economies, the report also claims.Through its research, Landsec set out to explore what sustainable retail means to those that influence the industry most — consumers, brands and local authorities — and to better understand the role sustainable retail can play in enabling a thriving retail environment that positively impacts communities and the planet.Representative public polling also revealed ‘localism’ as the leading feature of sustainable retail among consumers.Two of the top five elements of sustainability identified by the public were creating job opportunities for local people and using local suppliers, as well as a desire to see local, independent brands in their shopping centres and high streets. This view was consistent across consumers, with the preference for localism strongest among middle-aged people.Leaders and officers from local authorities across the UK, including Leeds, Portsmouth, Glasgow, Manchester, and London councils Camden, Westminster and Lewisham, agreed with the theme.Bruce Findlay, Managing Director – Retail at Landsec, said: “For us to continue to drive value through retail we need an even greater focus on sustainability, ensuring retail destinations remain a platform for opportunities long into the future.“This means working closer with brand partners to better understand how we can meet our sustainability goals together. And it means more collaboration with local authorities, so we can continue to respond to individual community needs. If we do this, retail can — and will — do better for the environment, create more opportunities for local communities and keep driving value for our cities.” 
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