can shopfitting boost revenue? · can shopfitting boost revenue? it’s a good question. ways to...

Can shopfitting boost revenue?

Can shopfitting boost revenue?

It’s a good question.

Ways to revive retail sales

Perception of M&S retail brand in UK, according to average Buzz score from the years 2012 to 2017

Between 2016 and 2017, M&S's total average Buzz score rose from 7.5 to 10.2

Ways to revive retail sales

Tesco - hit all time profit records until Philip Clarke took over.

Why?A lack of investment in the estate.

Ways to revive retail sales

Rise to the challenge and reinvent your pharmacy for

today’s consumer.

How can pharmacies achieve a profit in 2018?

★ Customer Service

★ Product Focus

★ Store Design

Independents are trusted care providers

Independent pharmacies can be seen to have more credibility to offer advice and information than corporates and supermarket pharmacies.

They are seen as trusted healthcare providers according to customer research fromReckitt Benckiser.

Opportunity in adversity

The future is looking brighter for pharmacies that think outside the box and consider expanding into new areas of business.

Should you cut your way to growth?

Pharmacies can cut costs, or improve productivity by using their pharmacy teams to improve quality and efficiency.

Ways to cut ever increasing costs

With the introduction of LED lighting pharmacies can reduce costs by up to 55%.

Ways to cut ever increasing costs

How much does LED cost to run?

Which colour temperature?

Warm White Cool White

Warm Daylight Cool

Tax rules: refitting your premises

Refitting a shop requires time & expense and an understanding of how HMRC treats expenditure… (the rules are as clear as mud)

In reals terms how can a refit boost revenue?

Case Study

• Overhaul of village store leading to sales soaring with YoY increase of >20% • 1,500 sq ft store gutted

- Ceilings raised- LED lighting installed- cladding fitted- bespoke shelving- wood effect flooring

• Store remained open to customers, with just 3 days of closure needed• Sales up 20% since completion, so the refurbishment is already paying for itself

In reals terms how can a refit boost revenue?

“I’ve had re-fits before but this time I took the whole range and was blown away by the result. My store retail

development manager knew exactly what to do to maximise the potential of the shop and the shopfitters

did a fantastic job.”

Any Questions?

Thank you for listeningQuestions?