According to the global property advisor CBRE, some 88 per cent of all European shoppers look for
Question:
According to the global property advisor CBRE, some 88 per cent of all European shoppers look for a good range of retailers and an inclusive shopping experience when they choose the location for their shopping trips. The consumers also cite price, cleanliness and convenience as being important. These factors particularly apply to the 18-24 age groups. From CBRE’s research it is clear that a retail environment’s success or failure depends on the shopping experience it offers. Consumers demand a better experience, while retailers are only concerned with footfalls and sales. Retail centres need to offer better quality dining, entertainment and special events to enhance the shopping experience. What advice would you offer a retail center about food and entertainment?
Step by Step Answer:
Consumer Behavior Buying, Having and Being
ISBN: 978-0134129938
12th Global Edition
Authors: Michael R. Solomon