COVID-19 has battered the ailing retail industry. With property costs one of the biggest liabilities on a company’s balance sheet, rightsizing your portfolio is one of the best ways to save money and secure your business’s long term future.
Rationalising stores and increasing online fulfilment capacity through better logistics networks requires Store Operations, Marketing, Finance and Supply Chain to work together with their real estate function to better leverage their property portfolio to futureproof their business. CBRE will guide you through.
How can we help?
Shops and Sheds is CBRE’s consultancy product, to help Retailers quickly and efficiently identify their optimum store footprint and warehouse infrastructure; creating a robust property portfolio that puts a business in the best position for future growth.
We will help you consider the wider impact of a physical store location on both your existing and future estate as well as your digital business and how the supply chain needs to evolve, to create a fully integrated, seamless proposition.
Responding to post COVID-19 consumer needs
The Retail landscape was already changing
Even before COVID-19, changing consumer behaviours meant that retailers were having to adapt, fast. As a result, rapid decision making on commercial real estate was more critical than ever.
Acceleration of challenges
Many of the key challenges that retailers faced pre COVID‑19 have been accelerated as a result of the crisis and in some areas consumer behaviour has been fundamentally impacted.
Retailers must evolve
Considering the likely accelerated growth in online channels, understanding the new normal customer behaviour and curating the right real estate footprint is at the heart of creating a profitable business.
Optimisation will be key
Retailers need to move swiftly and decisively to make changes to their retail stores and warehouse portfolio to set themselves up for recovery and to capitalise on returning consumer confidence.
Think holistically
Retailers must consider the wider impact of a physical store location on both the existing and future estate as well as their digital business and how the supply chain needs to evolve, to create a fully integrated, seamless proposition.
CBRE marries market-leading analysis with local expertise to offer you robust industrial and logistics advice whether investing, developing or occupying.
CBRE is the premier real estate advisor for the retail sector across EMEA. Our surveyors have unrivalled transactional experience advising clients in a variety of sectors.