“Off the back of a strong Q3 trading results, Retailers should take positive action in Q4 to finish the year strong.”
This was the big message coming out of the Midlands Retail Forum quarterly update that took place this week at the Birmingham Chambers of Commerce.
The Midlands Retail Forum (MRF) recorded their 1st year anniversary with another fantastic seminar, this time hosted by the Birmingham Chamber of Commerce. A combination of great weather, positivity over the Football and Royal Wedding seem to have combined to deliver positive numbers for August 2018 against August 2017. We also saw the UK reach a record high of 18.2% of total retail spend with departmental stores also returning excellent growth numbers.
MRF is an online and in-person business networking, development and peer-to peer support platform for Retail, Leisure and Hospitality businesses within the Midlands. They run Quarterly seminars in which they invite business owners to share their knowledge and experience to the audience. Previous speakers have been from Hotel Du Vin, Google and Wow Zone.
The MRF encourage business owners with real life experience, in this instance the topic was how to ‘Maximise Sales in the Golden Quarter’. This event featured presentations from MD of the midlands chain ‘Centenary Lounge’, CEO of Kings Barber Club and Food Critic Ellen Manning.
Adam Choudhry (CEO, Kings Barbers Club) talked about the strategies his team had adopted which have enabled Kings barbers to have 15 sites around the Midlands – the success has led to him being part of the UK Facebook Business Committee.
The seminar also opened up the floor for a panel Q&A which allows delegates to ask their own questions of the speakers and selected business leaders from the region. Local businessman Paul Cadman took questions as a panelist ‘I have been involved with the MRF since it started last year and its refreshing to see Business Owners talk about their own businesses and share knowledge with their peers. It creates an environment for collaboration and I have seen deals done in the room.’
Speaking about the event, Chairperson Saira Nisa said ‘Our mandate is to support the development and growth opportunities for businesses in the Midlands who fit into our. The way to gain knowledge has changed, whereas previously you would have had to go to an education institute our forum allows you to easily share knowledge and experience between peers and experts, in simple no nonsense language. We are now busy planning our next 2 events will cover Understanding the Millenial Mindset and Customer Service Excellence.’
Pictures from the event – http://bit.ly/MRFGQ18