From food-to-go offerings to automated stock management systems, there are more options than ever before for retailers to innovate in their store, grow their businesses and get ahead of their competition. Taking the plunge and investing in a new idea like this can be intimidating, however, as what will work in your shop can be difficult to predict.

Ambitious projects such as shop refits begin with getting capital. This is where financing companies can come into play. Got Capital, for example, takes the risk of personal guarantees and collateral out of financing by instead using a model based on percentages of a business’ revenue.

Many retailers are also finding that their symbol groups can provide valuable advice, guidance and support in their bids to be innovative. Many fascia groups have their own systems for managing stock ordering, which can massively reduce the burden on the retailer. Others have modular formats which can be adapted to help plan and execute refits in stores of all shapes and sizes.

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