TfL announces physical retail innovation competition
Transport for London (TfL) has launched a competition which aims to find an innovative and technological concept that will reimagine the use of physical retail space and deliver a unique experience for those who travel via its network.
The winner will pilot and test out their concept, with TfL providing retail space on its estate for a year (valued up to £100,000). Graeme Craig, Director of Commercial Development at TfL, says: “As one of the largest landlords in the capital, it is really exciting to launch this competition and see what creative ideas retailers will come up with to push the boundaries of industry norms. Our estate offers them a unique opportunity to test out their new and innovative concepts.”
“The competition showcases to businesses, which might not otherwise consider it, how they can utilise our retail space in exciting ways and builds on our history of supporting businesses to grow and expand what they can offer to our customers.”
The deadline for entries is midday on 21st June. The entries will then be evaluated against a range of criteria before being shortlisted. The shortlisted companies will be invited to present their concepts in front of a judging panel before the winner is chosen. Further details here.