Global re­tail ex­perts to speak at shop­ping cen­tre coun­cil congress

Weekend Argus (Saturday Edition) - - PROPERTY -

THIS year’s 17th congress of the SA Coun­cil of Shop­ping Cen­tres brings to­gether re­tail mas­ter­minds from across South Africa and the globe in Septem­ber, to delve into the lat­est sec­tor trends and re­search.

One of th­ese is global re­tail mas­ter­mind Mark Faith­full. As edi­tor, co- founder and joint owner of the UK’s Re­tail Prop­erty An­a­lyst, a weekly on­line news­let­ter for the global re­tail prop­erty com­mu­nity, Faith­full is well- placed to speak on world­wide trends.

His pre­sen­ta­tion at the congress is en­ti­tled “An­other Click in the Wall” and will fo­cus on multi- chan­nel re­tail­ing. He makes a com­pelling case that the re­tail prop­erty sec­tor needs to em­brace the dig­i­tal fu­ture.

“On­line shop­ping is a fact of life.

“Shop­ping cen­tres need to ac­knowl­edge and take ad­van­tage of op­por­tu­ni­ties cre­ated by on­line shop­ping and not bat­tle to com­pete with e-com­merce.

“One strat­egy is to rein­vent malls as leisure des­ti­na­tions, with qual­ity en­ter­tain­ment, food and drink.”

Frank Berke­ley, man­ag­ing ex­ec­u­tive of Ned­bank Cor­po­rate Prop­erty Fi­nance, con­curs with this strat­egy.

He says: “For most con­sumers, a trip to a large re­tail com­plex or mall is as much about en­ter­tain­ment as it is about shop­ping. And though the pri­mary ap­peal will al­ways be the op­por­tu­nity to bag a bar­gain, most trips to th­ese malls end up last­ing sev­eral hours and of­ten in­clude bank­ing, meals, movies and other fam­ily ac­tiv­i­ties.”

A re­tail and re­tail prop­erty jour­nal­ist for the past 15 years, Faith­full also con­trib­utes to pub­li­ca­tions like The Econ­o­mist, Re­tail Week and FTSE, as well as edit­ing the Mapic pub­li­ca­tions and the World Re­tail Congress daily news.

Del­e­gates will be able to hear Faith­full elab­o­rate on his ideas in more de­tail on day two of the three-day con­fer­ence.

Spon­sored by Ned­bank Cor­po­rate Prop­erty Fi­nance, the 17th an­nual congress of the South African Coun­cil of Shop­ping Cen­tres will take place from Septem­ber 11 to 13 at the Sand­ton Con­ven­tion Cen­tre.

For more in­for­ma­tion, e-mail con­fer@iafrica.com or visit www.sacsc.co.za

SPEAKER: Mark Faith­full of the UK’s Re­tail Prop­erty An­a­lyst will speak at the shop­ping cen­tre con­fer­ence in Septem­ber.

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