Page 29 - April 2020
P. 29

JUNKYARd gOLf






















        Responding to                                                                                                                                              In 2020, there is an ever-growing range of what customers




                                                                                                                                                                   want and need, and many different variations on these
        evolving expectations                                                                                                                                      needs from consumer to consumer. In this article, Neil

                                                                                                                                                                   Barber, Leasing Director at Cain International, a privately

                                                                                                                                                                   held real estate investment firm operating in Europe and
        in the F&B industry                                                                                                                                        the US, talks about the new food and beverage trends
                                                                                                                                                                   that are taking the industry by storm and what the F&B

                                                                                                                                                                   industry might look like in the future.




                                                                              he  global  outlook  is  changing  daily  and  potentially   The experience-led consumer      The fuTure
                                                             OmNOm            evolving the way we will live, work and play. It is still   Table  tennis  bars,  crazy  golf  facilities  and  darts   Reflecting on the changes we’ve witnessed in the last few
                                                                              not clear what the overall impact will be, however   ’experiences’  are  popping  up  in  town  centres  across  the   years alone, it’s exciting to imagine what our F&B, retail and
                                                                      Tone thing is for certain and that is that the cycle of   country. Steering away from the traditional cocktail bar or   leisure landscape will look like in 50 years, following such
                                                                      uncertainty we have found ourselves in is sure to continue. Against   restaurant, this form of competitive socialising is attracting   drastic change in a short period of time. As developers of
                                                                      this backdrop it is definite that the age-old models of trading will   customers who make more inventive decisions about their   community, retail and leisure spaces, it’s essential we listen
                                                                      face further challenges. Despite this – there is space for innovation   nights  out.  Swingers,  Flight  Club  and  Junkyard  Golf  are   to our consumers and mould our offering to their wants
                                                                      now more than ever. In the last few years, we have been more   all great examples of how much promise there is in this   and needs. There will continue to be challenges to overcome
                                                                      in tune with the way consumers behave. We have been able to   market. Popular eateries and leisure venues are exploring   and we must adapt our strategy and business model as we
                                                                      act quickly – and the industry is responding by harnessing new   new ways they can attract custom and stand out from the   see fit. As an industry, we need to stay ahead of the curve,
                                                                      technologies to improve the customer experience and capitalise   rest. The Odeon has just launched its first Luxe & Dine at   future-proof our businesses, and think of innovative ways to
                                                                      on new trends in terms of health, personal wellbeing and the   Islington Square, serving a mix of food, champagne, wine and   drive footfall to our destinations.
                                                                      environment. Below are some critical areas that the industry will   cocktails brought to a comfortable cinema seat.
                                                                      need to focus on to meet evolving expectations.            The  customer  experience  has  never  been  more
                                                                                                                               important in this social-media era – there’s a reason Sketch                                     fLIghT cLUb
                                                                      The healTh-conscious consumer                            in Mayfair is one of London’s most ‘Instagramable’ locations.
                                                                        Consumers continue to become more health-conscious     It has a mix of arty rooms and pink velvet chairs - perfect
                                                                      and  as  a  result  expect  products  and  providers  that   for  snap-happy  customers.  With  this  in  mind,  we  were
                                                                      make  them  feel  empowered  to  meet  evolving  lifestyle   keen  to  replicate  a  similar  concept  in  Islington.  Megan’s
                                                                      requirements. Over one in eight Britons are now vegetarian   neighbours the Odeon and features floral decorations, fairy
                                                   ThE OdEON LUxE & dINE  or  vegan  and  the  number  of  vegans  in  the  U.K.  has   lights and jazzy dog baskets - so beloved pets don’t need
                                                                      quadrupled between 2014 and 2019. This is only expected   to miss out on the occasion. It’s the ideal brunch spot for
                                                                      to increase, giving suppliers and retailers the opportunity to   the cosmopolitan Londoner. Insta-famous food is proving
                                                                      explore new products and food to offer.                  to be quite the business tool as people find it hard to resist
                                                                        This year London was named a world-leading vegan-friendly   capturing the perfect image.
                                                                      city  with  152  vegan  restaurants.  OMNOM,  a  plant-based
                                                                      restaurant and wellness hub endorsed by celebrities such as   The local consumer
                                                                      Russell Brand, opened its first-ever store at our development,   Consumers  are  seeking  brands  which  publicly  champion
                                                                      Islington Square, in February. It has a unique concept in that   values which match their own – they want to purchase goods
                                                                      it combines it’s vegan dining with alcohol-free wine and yoga   from companies which focus on sustainability throughout their
                                                                      sessions. It also aims to give something back too, for each meal   supply chain and benefit local businesses. In spring Islington
                                                                      bought it provides another to a child in need. It demonstrates   Square will welcome SimplyFresh, an upmarket grocery store
                                                                      how a café can be so much more as a space for interaction.   offering organic, healthy food which has been sourced locally.

        28 RETAIL & LEISURE INTERNATIONAL MARCH 2020
   24   25   26   27   28   29   30   31   32   33   34