This page contains a Flash digital edition of a book.
proposals for new tenants and assists in the leasing contract process for a specialty retail program that spans eight units. He points out that another key difference between mall and airport specialty retail programs is in the leasing process and ownership. “Most airports in the United States are


governed by municipalities, counties or port authorities whereas malls tend to be privately owned,” Latimore says. “Airport leasing often involves going through a solicitation process which is governed by federal, state or local procurement codes. Malls, on the other hand, can negotiate lease terms directly with their tenants.”


A different mindset The difference in customer behavior is another thing to keep in mind when working in an airport. Airport shoppers are often stressed and in a hurry to catch flights, with limited time to browse. Training staff to work quickly and efficiently while keeping the traveling customer’s behavior in mind can be the key to closing a sale in the busy airport retail industry. According to Del Rosario, “Shoppers at the mall have more


time to walk around without the pressure of catching a flight. They also have different interests; airport shoppers usually buy something they might have forgotten or gifts for others. It’s a more fast-paced environment here.” One of the main benefits of operating an airport kiosk,


according to Del Rosario, is the captive audience. Travelers who arrive early, have a layover or a delayed flight have hours to spend waiting at the airport, and that means they are more likely to walk around and browse shops and kiosks. Bill Swift, president of Atlanta-based Business Traveler


Services, a company that develops retail concepts in airports across the United States, points out that the traveling public is more likely to have disposable income. “It’s been shown that the traveling public has a higher education level as well as a higher income level, many over $100,000,” he says. “They’re more likely to spend … on an unplanned purchase.”


The recession and airport leasing Although the recession has greatly impacted the travel industry and the country as a whole, the upside is that some of those people who have lost their jobs are looking at new business opportunities—namely in specialty retail.


Del Rosario says that her program has been affected only very slightly by the recession. “Some tenants have gone and other new ones have come. I meet every week with new business owners interested in our specialty retail program. Some of those are people who lost their jobs and want to enter a new field by starting a business here at the airport.” Latimore also has seen an increase in the number of new


business owners at ATL. “In particular, we have seen more international retail operators enter the U.S. airport concessions market.” He adds that although the recession has impacted his program, it hasn’t been very bad, in part because ATL is such a large hub. Westfield has conducted business outreach seminars in its


market; the company has witnessed an increase in the number and quality of interested business owners as well. “The recession has changed the scope of how business is done,” Plowman says. “The entrepreneur and small business owner are still present and working more efficiently than ever before. We are seeing more and better concepts every day.”


Airport restrictions One of the main concerns of someone entering an airport specialty retail program is the seemingly long and complicated list of rules regarding what can be brought into the airport. Although the types of items that can be sold at an airport are


SpecialtyRetail.com Winter 2011 n Specialty Retail Report 79


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148