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Shopping Centre CBD
Westpac Plaza, Sydney

 

 

 


The Goal

  • Westpac Plaza Management, Sydney, CBD identified the opportunity to further capitalize on the retail opportunities within the plaza located on prime real estate in George Street, Sydney.
  • This was to be done through development of additional retail space and the enhancement of the combined retail and retail food offer.

What Needed To Be Done

  • Short and long term strategic decisions needed to be made about the ideal food mix.
  • Customer research was recommended to define the needs of the various target markets and user groups.

What FCA was asked to do

  • Provide an overview of current status of food court operators.
  • Provide feedback on issues impacting on food court's ability to maximize sales.
  • Provide recommendations as to which retailers should remain.
  • Provide suggestions on new mix, including addition of 6 new operators.
  • Provide comment on proposed food court design.

What FCA did

  • Audited food court operators and usages.
  • Met with and reviewed current operator's businesses.
  • Recommended new retail mix, using a Menu Matrix to identify opportunities.
  • Developed menus for all operators to maximize trading opportunities.
  • Reviewed food court design and individual outlet designs.
  • Met all operators prior to re-opening to maximize merchandising opportunities.
  • Introduced Best Practice Standards to ensure new standards were maintained.
  • Assisted in the improved capitalisation of prime retail property.

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