Publications

- April 1, 2023: Vol. 17, Number 4

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Revitalising retail: Inner-city retail will never be the same again, so let’s make sure the new reality is a win-win for all

by Rowan Verwoerd

Whether it be the impact of financial uncertainty in the aftermath of 2007, restrictions made to our daily life with the outbreak of COVID-19 in early 2020, or - since February 2022 - the ongoing war in Ukraine, a succession of disruptive global events during the past two decades has led to profound changes within inner cities in conti­nental Europe - and beyond.

Cities are struggling with demographic chal­lenges and changes in attitude among their popu­lations that are affecting daily routines, such as commuting, shopping and leisure. Today, both inhabitants and visitors expect urban areas to offer neighbourhoods that contain smart infra­ structure, sustainable environments and opportu­nities for recreation.

Inner cities are reinventing themselves

Given these shifts in attitudes and expectations, as well as in underlying economic conditions, we expect inner cities to flourish as they have never done befor

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