Skip to main content

Renovating Your Retail Store? What You Should Consider

By January 6, 2020June 2nd, 2022Commercial Projects, Renovation Tips
renovating a retail store

Your retail store should always look fresh and new so that it will look inviting to customers. Every retailer has a wish list of changes to their store, so getting a renovation refresh could be a good idea. But there are a few things to consider before you take a sledgehammer and start changing things. This article lists some items you should take into account when refreshing your retail store and why you should hire a renovation contractor to help you update your layout.

Keep reading to find out which things you need to consider when renovating your retail store.

Why Are You Renovating?

The first step to your renovation should be to consider why you are renovating. Do you want to update your space and make it feel fresh? Do you want to utilize space better? Do you want to widen your aisles and make space for new merchandise? Or, do you just want to refresh old flooring and fixtures? Whatever your reason is for renovating, make sure you have a clear goal of what you want to accomplish, including putting a plan together and a timeline to help you avoid unforeseen costs and delays.
 

What Do You Want the Store to Look Like?

Another important factor when renovating your store is what you want it to look like. This is where you might consider getting professional help, like a retail renovation contractor. They will be able to help you figure out what the store needs, something that might be difficult to do unless you’re a designer or contractor. They will help you decide if you need an architect, a lighting expert, the building permits you will need, and even the best store layout.
This doesn’t mean you shouldn’t have a say in what the store looks like, because you definitely should. You should also consult your employees, as they can provide valuable input since they are on the front lines of the space every day and know the ins and outs of it. They know what works well and what doesn’t, and you have the vision of what you want the store to look like. Your retail renovation contractor can help you smooth out the kinks and make the planning stage much simpler.

Cost is always a vital part of a renovation, which is why this next point is so important.

Anticipate the Renovation Costs

After receiving construction bids and figuring out the renovation contractor costs, you need to determine how much your total renovation will cost. There is always a 10-15% additional cost to a renovation, so take this into account. The pricing will also change if you need to consult an architect or an engineer, a lighting expert, or electrical fixes and any city permits. If there are plumbing changes, there will also be an added cost. Your retail renovation contractor can also help you figure out all these costs and give you pricing up front.

How Will the Renovation Affect Your Business?

When beginning your renovation project, you need to figure out the cost of remodeling against whatever increase in sales you anticipate. The right remodeling job can definitely increase your sales. Customers tend to spend more in a store that looks good and of quality, as well as updated and stylish. Renovating can also create a buzz around your store that can attract new customers and generate excitement from your existing customers.
You also need to take into account how the project will affect your business while the renovation is ongoing. Unless you plan on closing during renovation, a construction project may affect your business. Many customers may be turned off by construction and will not want to come in, especially if it is dusty and messy. Make sure to take this into account and check if your finances can take it.
Some retail renovation contractors are able to work after hours, making it easier for your store to stay open during the renovation. Retail renovation contractors are experts in retail work and know how to keep a store clean, so merchandise can be put back quickly to get the store open on time, so make sure to talk to your contractor about this option as well.

Think of the Competition

When you renovate your retail store, you are offering your customers a fresh and creative shopping experience, something that your competition may not be doing. You’re sending your customers the message that you believe in your store and its future and your competitors get this message too.

Thinking ahead is always a good idea, so keep this next point in mind.

Think About When You Will Need the Next Renovation

We know you haven’t even finished this renovation, so why should you think of the next one? Keeping in mind when the next time you could or should renovate will help you during this one. You can decide to make all the improvements you can or leave some that are less urgent for the next time. Also, keep in mind that retailers should plan on refreshing most high-traffic areas every 3 years. This is to avoid customers noticing the environment looking shabby or old. A bigger renovation should be done every 5 to 7 years.

When thinking about refreshing or renovating your retail store, keep these things in mind. We hope they have been helpful to get you on track to start your next renovation project and to consider hiring a retail renovation contractor. Good luck with your project!

Did you know that re:fab can help you with your retail renovation?  We have over 25 years of experience servicing retail renovations and remodeling. We know how to get the job done fast and done right. Contact our excellent customer service team at 1-800-690-2539 for inquiries and visit our webpage at www.refabpro.com for a FREE Estimate!

Sources
https://retailminded.com/what-to-consider-when-renovating-your-retail-business/#.XiG_6lNKj5Y
https://blog.sweeten.com/commercial-reno/commercial-guide-retail-renovation-budget/
https://chainstoreage.com/store-spaces/store-improvements-remodels-refreshes-and-more


Drywall + Carpentry


Whether the interior walls of your commercial facility have been damaged, the front door of your business needs an upgrade or your floors are in need of attention, re:fab has the right team and process to meet your specific needs.
With a team of skilled carpenters and specialty craftsmen, re:fab helps clients tackle quick improvements to full-scale renovation needs.


Renovation Services


Professional Renovation Services Tailored to your Industry.

re:fab is the trusted partner for commercial renovations and specialty applications for properties and facilities across all industries. Whether a commercial office building or a multi-family property, our experienced team has the knowledge and resources to get your job done right.

  • Flooring & Epoxy Coatings
  • Windows and Doors
  • Interior and Exterior Painting
  • Rebranding Services and Special Finishes Installments
  • Carpentry & Drywall Repairs
  • Heating and AC and/or HVAC
  • Plumbing & Electrical
  • Trenching
  • Appliance Replacement
  • Gutters
  • Structural Repairs & Safety Hazards


Specialty Flooring


Floor Coatings Keep Your Foundations Safe

re:fab’s floor coating services provide a dramatic enhancement to the look and feel of commercial and industrial properties. In addition, specialty floor coatings maintain the health and durability of your floors and overall properties, creating a more healthy and safer space for your employees, customers and the environment

Our Experts Provide A Variety Of Floor Coating Services, Including:

  • Epoxy Floor Coatings
  • Cementitious Urethane Resurfacers
  • Decorative Flake and Quartz Floor Coating Systems
  • Joint Fillers-Repair Mortars
  • Electrostatic Dissipative (ESD) Coating Systems
  • High-Performance Urethane Topcoat
  • Resurfacers
  • Same-Day Coating Systems
  • Moisture Vapor Reducer
  • Sealers
  • Urethane Topcoats

*Please note: re:fab provides flooring services as part of a larger renovation or painting program or project, not a standalone service.


EIFS + Stucco


Commercial buildings and industrial facilities featuring exterior walls with an Exterior Insulation and Finish System (EIFS) have the attractiveness of a stucco finish but with greater insulation, toughness and longevity. In fact, unlike stucco, EIFS is actually a multi-layered system that includes insulation board, base coat and finish coat. It’s a combination that provides a classic look with modern advantages.

In addition to much-improved insulation, EIFS can improve indoor air quality and reduce the environmental impact of a structure throughout its lifetime, and it is available in a virtually unlimited range of colors and textures.

EIFS has transformed commercial buildings across all industries and our team of specialists can help you understand the benefits of this important application.


Power Washing


Regular power washing keeps commercial facilities running efficiently and safely, helps businesses stay compliant with environmental regulations, rids surfaces of mold and delivers an attractive first impression to clients and guests. Our team can quickly and easily return your properties to excellent condition.

Exterior Power Washing Services Include:

  • Exterior wall pressure washing
  • Construction clean-up
  • Graffiti removal
  • Heavy equipment, truck and fleet cleaning
  • Driveway and parking lot cleaning
  • Patio washing
  • Gutter and drain cleaning
  • Outdoor structures such as play equipment
  • Swimming pools
  • Outbuilding

Choose the organization you think deserves a refresh, or enter one of your own and vote!

Please fill out the contact information below and we will be in touch shortly to discuss this position. Thanks!

Please fill out the contact information below and we will be in touch shortly to discuss this position. Thanks!

Please fill out the contact information below and we will be in touch shortly to discuss this position. Thanks!

Fill In Your Contact Information Below And Someone From Our Team Will Be In Touch Shortly.


Painting


re:fab’s 30 years+ experience with commercial interior and exterior painting, sealing and wall & ceiling applications assures each client that we have the expertise to deliver for any business painting requirement. Tackling projects both large and small, across New England, our teams are capable of serving all of your standard and specialty painting and application needs.

  • Interior & exterior applications
  • Multi-color systems
  • Wallpaper removal & installation
  • Power washing
  • EIFS & stucco
  • Wall coverings
  • Korugard
  • Acoustical ceiling painting
  • Lead paint removal
  • Low odor and non-VOC painting
  • Line striping
  • Electrostatic painting