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

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Nov 07, 2022 302 likes •608 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 -

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A PRESENTATION BY MALCOLM BALL

Chief Executive, WMC Retail Partners Plc

PLEASE DO NOT OPEN THE BOX AT YOUR CHAIR UNTIL INSTRUCTED

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RETAIL THEATRE WITH A DIFFERENCE

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SO WHAT IS RETAIL THEATRE ?

Pike Place ‘fish throwing’ - https://youtu.be/FNJN9l_xvjg

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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

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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.

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KIDZWORLD TODAY

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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”

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A NEW ERA

A top-three Cornish visitor attraction
21st century market

£1.8m INVESTMENT

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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 -

pening 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

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COMPETITION

DISCOUNT STORES ONLINE SHOPPING AUCTION SITES

Proposition: High-quality local food and products with retail theatre to engage customers

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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.

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TASTING TICKET

So what is this tasting ticket and where is the retail theatre?

Twinning first ever pasty museum, in Mexico!

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KNOW YOUR PASTY! ?

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CORNISH PASTY QUIZ

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CORNISH PASTY QUIZ TRUE OR FALSE?

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CORNISH PASTY QUIZ

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CORNISH PASTY QUIZ TRUE OR FALSE?

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CORNISH PASTY QUIZ

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CORNISH PASTY QUIZ TRUE OR FALSE?

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CORNISH PASTY QUIZ

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CORNISH PASTY QUIZ TRUE OR FALSE?

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CORNISH PASTY QUIZ

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CORNISH PASTY QUIZ TRUE OR FALSE?

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CORNISH PASTY QUIZ

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CORNISH PASTY QUIZ TRUE OR FALSE?

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CORNISH PASTY QUIZ

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CORNISH PASTY QUIZ

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