We’ve broken down the three core elements of a successful food precinct - people, place and product. By delivering on all three elements, your food precinct is set to be a successful, thriving space that people want visit, spend money at and return to time and time again.
The Key Operational Challenges of a Food Precinct
Whilst it is easy to say what good a food precinct can do, an important part of our project delivery is to ensure that the precincts we deliver overcome major operational challenges that come with having food and beverage outlets operating in the space. We’ve listed 4 major operational challenges that are specific to a food and beverage precinct and must be addressed to ensure operational and business efficiency
The Fashion of Food: An Interview with Colliers International
Managing Director and leading food expert for Future Food, Francis Loughran sat down with Colliers International in New Zealand to talk about where food in retail has been, where it is now and where it is headed for the future. The original article was published as part of Collier International's Christchurch City Retail Portfolio which can be viewed here.
Getting Your Customer Strike Rate Right in Your Food Precinct
Whether your precinct is part of a transport hub, retail centre, arts centre or business park, a good strike rate remains a key part of a highly successful and sustainable food offer as well as overall development with food and hospitality being a major drawcard and anchor for centres and spaces around the world. We’ve put together our quick checklist for what it takes to get your customers using all parts of the precinct, time and time again.
Converting Customers into Dollars and Achieving Maximum Gains
Performance tracking informs how you’re tracking and where you need to adjust to ensure you continue tracking successfully. When resources and structures required to implement performance tracking are not allocated, whether you’re a single operator or entire food precinct, it becomes very difficult for there to be any analysis done and therefore, any developments to be made. With the food and beverage industry being a highly competitive marketplace, it’s in everyone’s best interest to incorporate routine performance tracking to ensure you’re meeting your customer wants and needs and therefore improving your ability to meet your business targets. Continue reading to learn how small, informed improvements across multiple operators in a precinct can bring about gains in the millions for your precinct.




