Page 21 - February #178

Time Out Market Time Out Market
New York, US Lisbon, Portugal
continues to be strong and we are in advanced negotiations – and open
for conversations – with landlords and real estate developers around the
globe,” Coldren exclaims.
Food halls have grown exponentially in recent times and Time Out
Market spearheads this growing global trend by consistently evolving
their tried-and-tested concept while at the same time staying true and
committed to what makes the brand such an exciting destination.
As the topic of conversation moves to social media, the Co-CEO
highlights that this is a very important area for the business and that they
have close to 350,000 followers across Time Out Market’s Instagram
channels alone. He explains that it is a great medium to showcase the
happenings at the Markets, celebrate their vendors, their food and
engage with their customers. As well as engaging with local audiences,
social media offers a global company such as Time Out Market the
chance to highlight their communities across all of their channels to give
them a worldwide platform, whether that is related to their chefs, their
entertainers or their artists. Time Out Market
Social media is one of many ingredients that make up the secret sauce Dubai, UAE
of Time Out Market’s success, argues Coldren, but he feels at the heart
of everything is the pivotal curation of a city’s best culinary and cultural
talents, complemented by a compelling bar menu.
“To further differentiate and drive footfall, each Market has a unique
design as well as an exciting programme of cultural activations and
entertainment. When you visit one of our Markets, you really get a
true taste of the city. Underpinning everything is a keen sense for talent,
quality, creativity, collaboration, local execution and a desire to make
sure that our customers have an amazing time,” Coldren explains.
Whilst Jay is still on the line, we ask him what lies ahead and what he
perceives to be the greatest challenge facing the group moving forward.
“We are keen to drive commercial innovations – we love the challenge
of unlocking further opportunities and expanding as well as constantly
evolving our offering. Like all companies at this time, we recognise
the near-term wider economic outlook but remain optimistic given
the progress and growth we have seen across our Time Out Market
business, the appeal of our concept for landlords as well as real estate
partners and our growing pipeline of new locations which drive recurring Time Out Market
long-term revenue for us.” Boston, US