How to plan for a successful retail renovation
Over the last few years, we have increasingly worked within the retail space, developing trusted relationships with a growing number of high-street retailers. Our reputation to work within a fast-paced environment and ability to deliver quality refurbishment within a tight timeframe has opened new doors and we are proud of the relationships we have cultivated within this sector, whilst renovating retail space.
Despite the rise of online shopping, retail spaces are not easily replaceable due to the ongoing public demand for them. Even online businesses including Amazon have created physical stores for consumers to browse. As good as online stores can be, it’s human nature to want to see and touch a product before purchasing.
Many of the retailers we work with have an online presence, but they recognise the importance of maintaining a store too.
A retail store is a canvas upon which the company can artistically display its products. If this space isn’t used effectively, it can lead to disorganisation, clutter, and issues in product presentation. A professionally designed and renovated store complete with new lighting, better storage, and an updated shop front will redefine the customer experience.
When done correctly, the renovation and refurbishment of a store can also send a powerful message to consumers about the retailer’s brand values and personality.
For instance, if a retailer is sustainably conscious as a brand, they may want to use interiors and materials which are eco-friendly and energy efficient, whereas for those wanting to depict a luxurious brand, more elegant fittings such as marble and soft lighting could create the desired look and atmosphere.
The key to carrying out a successful renovation of retail space is to plan ahead. We would recommend creating a detailed plan with a professional contractor to outline the full scope of the project, including a timeline and budget. Contingencies for unexpected expenses and delays should also be factored in too as sometimes unforeseen challenges can arise but working with an experienced contractor will help overcome these quickly.
The timeline for renovating a retail space varies, depending on the scope of the project. To ensure downtime is kept to a minimum, and mitigate the impact on revenue, a professional contractor will be able to bring all the elements together and ensure the project runs to plan and on time, so the store is open again and welcoming customers back.
