What is retail space planning maturity?

Retail Video by Guy Moates Retail Specialist 30/03/2023

When managed effectively, retail space planning can significantly boost profitability. We know that these processes evolve as planning managers try optimise store performance. In this video, we explore the four stages of retail space planning maturity.

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Varied approach to retail space planning

Retail space planning is a vital process used by retailers to optimise the internal layout of their stores. When managed effectively, it can significantly boost profitability. However, retailers across the World implement the retail space planning process in different ways. Some maximise the process while others have areas which need significant development.

Here at CADS, we deliver software which helps planners get the most from their physical retail space, making us an expert in the retail space planning process. So, we’ve developed a model to help retailers identify their level of retail space planning  sophistication– and determine ways to improve their process.

The retail space planning maturity model

We’ve used our experience of over 35 years and expert knowledge of the retail space planning process to put together a retail space planning maturity model.

With four clearly defined stages, retailers can use the model to assess their existing level of retail space planning maturity and identify areas for improvement to create the optimal retail space planning process.

 

 

 

Boosting profitability through optimised planning

With an optimised planning process – which CADS and StoreSpace® can facilitate – underperforming stores can be quickly identified and improved for boosted profitability across a whole estate.

If you would like to find out more please read the full article linked below.

 

Article: What is retail space planning maturity?

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