OPEN THE BOX AT YOUR CHAIR UNTIL INSTRUCTED RETAIL THEATRE WITH - PowerPoint PPT Presentation

Nov 07, 2022 •302 likes •607 views

A PRESENTATION BY MALCOLM BALL Chief Executive, WMC Retail Partners Plc PLEASE DO NOT OPEN THE BOX AT YOUR CHAIR UNTIL INSTRUCTED RETAIL THEATRE WITH A DIFFERENCE SO WHAT IS RETAIL THEATRE ? Pike Place fish throwing -

A PRESENTATION BY MALCOLM BALL Chief Executive, WMC Retail Partners Plc PLEASE DO NOT OPEN THE BOX AT YOUR CHAIR UNTIL INSTRUCTED
RETAIL THEATRE WITH A DIFFERENCE
SO WHAT IS RETAIL THEATRE ? Pike Place ‘fish throwing’ - https://youtu.be/FNJN9l_xvjg
SITE HISTORY • 68,000 sq ft of market with 98 traders 450,000 shoppers per annum • 12,000 sq ft soft play attraction 30,000 visitors per annum • WMC’s flagship market - operated from 2006 with a 25-year lease
THE FLOOD • Flooded in November 2010 • Only four traders had insurance for their stock • 30 traders forced out of business • 25% of rental income lost • Kidzworld (formerly Ben’s Playworld) closed for six months.
KIDZWORLD TODAY
CORNISH MARKET WORLD FROM FLAGSHIP TO NEMESIS … “To do nothing wasn’t an option - we had to stop the haemorrhaging effect of year-on-year losses given that we still had 15 years remaining on our lease”
A NEW ERA • A top-three Cornish visitor attraction • 21 st century market £1.8m INVESTMENT
MUCH MORE • THAN A FACELIFT A3 Sam’s Diner - 2,000 sq ft - now open • A1 leisure retail - 8,000 sq ft (two offers under consideration) - open for Whitsun holiday • A revamped 32,000 sq ft market hall - completed by the end of the year • Cornucopia - 13,000 sq ft food hall, visitor attraction and evening entertainment venue - opening in July 2017 • Cornucopia play (formerly Kidzworld) - 25,000 sq ft (looking to attract 150,000 visitors by 2018. Rebranded and open for Easter 2017
COMPETITION DISCOUNT STORES ONLINE SHOPPING AUCTION SITES Proposition: High-quality local food and products with retail theatre to engage customers
FLOORPLAN • 19 Cornish food producers with some F & B • Looking to attract between 190,00 and 290,000 visitors annually • Sell 70,000 Cornucopia pasties and 50,000 tasting tickets.
TASTING TICKET So what is this tasting ticket and where is the retail theatre? Twinning first ever pasty museum, in Mexico!
? KNOW YOUR PASTY!
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ TRUE OR FALSE?
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ TRUE OR FALSE?
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ TRUE OR FALSE?
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ TRUE OR FALSE?
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ TRUE OR FALSE?
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ TRUE OR FALSE?
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ
CORNISH PASTY QUIZ

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