Trader Bruce Pham has an eye (and ear) for social media and his latest video has help from fellow trader Kris Robinson.
It all adds a bit of class to our market environment don't you think?
My Composer Kris Robinson. from Bruce Pham on Vimeo.
Have Your say - click here.
Sunday 29 May 2016
Trader Writes - A Touch of Variety
The following article has been received from trader, Stephen McLennan, concerning a Variety Club Bash that will raise much needed funds for children in need.
A TOUCH
OF VARIETY
The
Variety Club Australia (Children’s Charity) is over 40 years old.
This
year marks the 26th annual Variety Club Car Rally Bash, which will be leave on
August 10th from our Market.
There will be over 60 cars participating and
plan to finish in Darwin 11 days later.
Many
of this year’s cars are over 25 years old. They will be displaying a couple of
these cars at the Night Market to highlight this event.
With
the media coverage that is associated with this rally it’s all good publicity
for the market.
This
year they aim to raise over $1.5 million
As
part of this worthy fund raiser and tying in the fact that they are show casing
and advertising our great Market, we have decided to sponsor one of the
vehicles and will have our company logo displayed on the car.
If
anyone else would like to enquire about sponsoring or indeed making a donation
to the Variety Club they can contact them on.
Ph – 86983900 or at variety.org.au/vic.
If
you wish to sponsor the same car as us please contact Bill Redpath on 97630333
We Know Who To Blame For Retail Recession
Low
retail sales in apparently healthy economies is confusing many retail observers
and the Queen Victoria Market is not immune. Forgetting the current federal
election for a minute we need to ask why retailing is in the doldrums and the
answer is not what many traders are thinking.
In
Australia, we have essentially a healthy economy - Interest rates are low, oil
prices are low, property values are high, and the stock market is a little
jittery but doing OK. Ask around our QVM trader body and you will find a number
of different opinions on who to blame for the retail recession. Top of the list
is usually the City of Melbourne for neglecting our market for so many years,
or management for failing to manage us properly, or even our Trader
Representatives for not doing enough. None of those are the real answer.
The
confusion is evident globally. In the US similarly favourable economic
conditions exist and yet according to the Guardian, retail stocks for stalwarts
like Macy's, Nordstrom and Gap have all fallen sharply this year with reports
of the worst comparable sales results since the Great Recession. Tiffany's has
just reported its biggest drop in quarterly sales since the GFC indicating that
even the top end is not immune. So the conditions are great for shopping but
consumers are not shopping. In the UK analysts are reporting a 10% decline in
shopper visits to strip shops and shopping centres over the past year.
A
consumer psychologist at Golden State University, Kit Yarrow, recently commented - “We’ve
had to start looking at the consumer in a completely different way." “We
can’t evaluate their confidence and willingness to spend in the ways we used
to,” says Yarrow. “Consumers just don’t react the way they did even five years
ago. Technology has taken over and they feel more empowered.” According to
Yarrow, "It’s taking retailers forever to realise that when people go
shopping they want to see new things all the time. This is what technology has
done to our brains. We want a lot more excitement and product turnover in our
lives. If we don’t see new product, we won’t go there any more."
Analysts
generally are talking about the shock of the GFC creating a new consumer who
says - "If I don’t get it how I want, when I want it, for the price I want
it, I won’t have it at all." That quote will probably resonate with a lot
of traders, certainly those in the more discretionary spending categories.
So,
getting back to who is to blame for the current retail recession? Clearly it is
the consumer, but unfortunately there is not much point in pursuing that blame.
What is the old saying? - "It is unwise to bite the hand that feeds
you." If blame is not going to help us then we need to find other ways of
addressing retail doldrums and maybe the answer lies in Yarrow's contention
that we need to constantly develop more excitement and product turnover through
new products. Come to think of it, isn't that exactly what Zara and H&M did
when they opened up their own factories producing new fashion designs on an 8 week
turnaround? So much to think about.
Do We Need To Do More For Traders?
Retailing
is going through a revolution that is imposing huge strains on all participants
including traders at QVM. The stresses of running a small business are
significant. We all knew that before we made the brave step into this
unpredictable world of retailing but even the hardest of us probably didn't
foresee the turmoil that currently exists. Throw in a market renewal and maybe
we need to think about some safeguards for at-risk traders.
And,
yes, I am talking about emotional strain brought on by financial hardship and
unpredictability. These are stresses that every trader can feel, but are
probably more obvious for traders with young families, and a mortgage. We
didn't enter retailing with a blindfold, or at least we shouldn't have. This is
a business. It has elements of a gamble and the risk/reward balance is well
known. But sometimes you get circumstances that go beyond the expected and
maybe we need to set up a safety net of some sort right now.
The
recent experience with Dairy Farmers draws some parallels. Dairy Farmers are in
an industry that needs to adjust to change and it can be argued that adjusting
hasn't been done soon enough. However the recent price reductions in wholesale
milk and the ridiculous attempt at back dating those price reductions were a
step too far. Governments and the community are coming to grips with the
problem and it would appear that Dairy Farmers are starting to get some
consideration for their plight.
Dairy
Farmers have openly talked about their woes. Emotional and financial hardships
are being clearly and publicly exhibited . But are we seeing that sort of openess at QVM? Traders will talk to their neighbours
about the general state of business but what about the deeper discussions? Do
we really expect traders to open up to Market Officers or officials of our
Property Department if they are in severe financial difficulty or are just not
coping with the stress and anxiety. And if they don't open up there, where do
they go?
Clearly
we need a strategy – talking is really good and hopefully every trader has
someone they can confide in either within the trader body or their own family
or community. But we probably need more than that, and this is just the start
of a bigger discussion.
by Greg Smith - QVMAC Trader Representative.
Thursday 26 May 2016
QVM To Be Home To New TV Series
The new cooking series will air weekdays on Network 10 and celebrate fresh produce and market life. It will be filmed on location at QVM and hosted by 2013 Master Chef winner, Emma Dean and runner up Lynton Tapp. Filming will start later this month.
Traders will feature in some of the segments to highlight seasonal produce as well as share their tips and tricks for everyone watching live at the market and on the TV. General footage of the market will be featured throughout the show, particularly in the opening and closing segments as well as lead into and out of commercial breaks. The new series is expected to reach 500,000 people per week. Ninety episodes will air for 18 weeks, with the "My Market Kitchen" launching later in the year.
"Food is about people and QVM has both."
"I am so excited to be filming in the Queen Victoria Market - this market means so much to me. I have been coming here for 20 years because of its variety, vibrancy and freshness! I can't wait to delve deeper into store holder's stories, and learning even more about their history and produce. Food is about people and QVM has both." - Emma Dean, Masterchef winner 2013.
My Market Kitchen commences filming next Monday.
Monday 23 May 2016
QVM Wins Bid For International Markets Conference
The Queen Victoria market and Melbourne (Wholesale Market Authority have been successful in a joint bid to host the international congress for the World Union of Wholesale Markets (WUWM) in September 2017.
The announcement was made over the weekend at the WUWM conference in Lublin, Poland. Melbourne’s combination of a new wholesale market at Epping and the impending renewal of QVM was seen as a clincher for the location of the next conference.
This will be a major event for Melbourne with an anticipated 400-500 national and international delegates attending the conference to be primarily hosted at the Melbourne Convention and Exhibition Centre at South Wharf. During the course of the conference, delegates will also be visiting QVM and the wholesale markets in Epping to better understand more about the respective redevelopment and/or renewal of each site.
QVM Chairman, Paul Guerra, said “This congress couldn’t happen at a more exciting time for Melbourne and the Queen Victoria Market. We’re about to embark on a renewal program that will preserve and celebrate the market’s history and authentic atmosphere while allowing the market precinct to evolve to meet contemporary needs of traders, customers and our growing city. The congress presents a great opportunity to showcase Melbourne’s great markets while learning and sharing with other industry experts around the world”.
Have Your Say - click here.
The announcement was made over the weekend at the WUWM conference in Lublin, Poland. Melbourne’s combination of a new wholesale market at Epping and the impending renewal of QVM was seen as a clincher for the location of the next conference.
This will be a major event for Melbourne with an anticipated 400-500 national and international delegates attending the conference to be primarily hosted at the Melbourne Convention and Exhibition Centre at South Wharf. During the course of the conference, delegates will also be visiting QVM and the wholesale markets in Epping to better understand more about the respective redevelopment and/or renewal of each site.
QVM Chairman, Paul Guerra, said “This congress couldn’t happen at a more exciting time for Melbourne and the Queen Victoria Market. We’re about to embark on a renewal program that will preserve and celebrate the market’s history and authentic atmosphere while allowing the market precinct to evolve to meet contemporary needs of traders, customers and our growing city. The congress presents a great opportunity to showcase Melbourne’s great markets while learning and sharing with other industry experts around the world”.
Have Your Say - click here.
Sunday 22 May 2016
Latest Retail News – 22/5/2016
Latest Retail News – 22/5/2016
1. Lego promotion at Perth shopping centre generates huge PR response.
2. Lord of the Fries opens 11th store in Sydney.
3. Over 1,000 Melbourne CBD stores take part in Shop The City promotion commencing 18th May.
4. Companies becoming insolvent up 18% largely in mining and retail.
5. Government plans to extend GST on online purchases to any overseas business turning over more than $75,000 p.a.
6. Gucchi and Michael Kors quit International Anti-counterfeiting Council over admission of Alibaba.
7. 7-Eleven axes independent claims panel as wage claims escalate.
8. Nike and Stylerunner take out top customer service awards.
9. Disney sales disappoint share market.
10. Country Road asks design students to create winning shop windows.
11. Cotton On opens its biggest flagship store in South Africa.
12. DFO adds 22 retailers to South Wharf re-development.
13. Google faces massive European fine for promoting its own retail services in preference to others.
14. A cheese made in Nowra for Aldi wins Australia’s best cheese award.
15. Cash withdrawals from ATMs fall as consumers choose card transactions.
16. Coles new milk brand will push 20c/litre into independent dairy industry fund.
17. Softer sales for Beacon Lighting.
18. Alibaba suspended from International Anti-counterfeiting Council.
19. Nordstrom reveals disappointing first quarter results.
20. JB HiFi considers takeover of Good Guys.
21. Coca Cola says Federal election not helping business.
22. Myer to close Wollongong and Orange stores in NSW.
Speaking From Our Wallets
Trader Representatives get a
pretty good picture of trader moods and it
usually ranges from measured interest when times are OK to almost manic anger when
times are tough.
Traders speak through their
wallets and there is nothing wrong with that. We also generally react to today’s
business with little sympathy for long term trends. We can contend with a poor
day when the next day shows hope of an improvement but there are times when
that seems a remote possibility.
The Federal election appears
to be having a negative impact on retail sales right now. Data (ANZ – Roy Morgan
Consumer Confidence Index) tells us that in fact Federal elections don’t impact
greatly on longer term consumer confidence although there may be some deferment of spending
until after a poll.
Trying to be logical and
understanding when your takings are down, and there are bills to pay, is not
easy. Venting with your Trader Representatives and your neighbours is probably
a healthy activity but maybe we need to keep that from our customers – they have
enough to worry about.
The Chairman of Ibisworld recently
stated that shoppers tend to take a “wait and see approach” during elections
and that seems to be what is happening right now. So, in turn perhaps we
traders need to “wait and see”. Next Thursday’s announcement of a special
promotion at QVM will be a very interesting ingredient in the whole picture.
Exciting Announcement At QVM
Traders have received a letter advising of an announcement next Thursday 26th May concerning an important promotional activity and plan for the market.
Some traders have expressed concern at the timing of the announcement (during trading hours) however, if you cannot make it down to Queen St., we are confident that the news will spread quickly and you will be able to read about it on these pages by the evening.
Have Your Say - click here.
Friday 20 May 2016
Myer And Ebay Join On Virtual Reality Shopping
Myer and Ebay have announced a joint effort to introduce consumers to high technology virtual reality shopping although there are some doubts about the convenience of the process.
Essentially shoppers use a virtual reality viewer to look at a carousel of products (up to 12,500 according to Myer) and you choose as you go. The viewer could be one of the highend varieties available from company's like Samsung or a simple cheap cardboard version which eBay and Myer are making available for free. Download an app on to your phone, insert your phone in the viewer, and away you go.
Whether holding a viewer to your head with one hand is going to be more convenient than traditional mouse or keyboard navigation on a larger screen remains to be seen. Some early adopters have complained of lag as they attempt to activate a product or button by simply looking at them, but these are early days and the process is certainly innovative.
Essentially shoppers use a virtual reality viewer to look at a carousel of products (up to 12,500 according to Myer) and you choose as you go. The viewer could be one of the highend varieties available from company's like Samsung or a simple cheap cardboard version which eBay and Myer are making available for free. Download an app on to your phone, insert your phone in the viewer, and away you go.
Whether holding a viewer to your head with one hand is going to be more convenient than traditional mouse or keyboard navigation on a larger screen remains to be seen. Some early adopters have complained of lag as they attempt to activate a product or button by simply looking at them, but these are early days and the process is certainly innovative.
Good News And Bad News On Federal Election
It is official, parliamentary elections can have a significant impact on consumer confidence and retail sales, but it may be good or may be bad and it may reverse after an election.
We don't need to tell QVM traders that the current Federal election campaign seems to be impacting adversely on sales. Consumers listening to constant arguing and bickering between rival candidates, hearing the tales of doom if one party wins the election, and generally being subjected to negative, cynical news can hardly be blamed for putting a clamp on their spending.
Some elections are characterised by grandiose promises that actually boost consumer confidence but then when reality sets in after the election that can reverse. Other elections are characterised by fear campaigns that dampen confidence before an election, but then when a clear direction emerges, particularly if there is a new leader, the confidence rises.
A mid year campaign is considered good for retail rather than at Christmas when dampened confidence has a bigger impact. Deutsche Bank has said that Federal elections on average are not good for retail but the impact is pretty much 50/50 over the longer term. Myer has claimed that the election will impact on third quarter sales and Qantas is blaming the election on reduced bookings with travellers not wanting to be away during the voting process.
So, with an apparent negative impact in the lead up to the election lets hope for a clear result that gives consumers the confidence to go out and shop immediately after the July poll.
Have Your Say - click here.
We don't need to tell QVM traders that the current Federal election campaign seems to be impacting adversely on sales. Consumers listening to constant arguing and bickering between rival candidates, hearing the tales of doom if one party wins the election, and generally being subjected to negative, cynical news can hardly be blamed for putting a clamp on their spending.
Some elections are characterised by grandiose promises that actually boost consumer confidence but then when reality sets in after the election that can reverse. Other elections are characterised by fear campaigns that dampen confidence before an election, but then when a clear direction emerges, particularly if there is a new leader, the confidence rises.
A mid year campaign is considered good for retail rather than at Christmas when dampened confidence has a bigger impact. Deutsche Bank has said that Federal elections on average are not good for retail but the impact is pretty much 50/50 over the longer term. Myer has claimed that the election will impact on third quarter sales and Qantas is blaming the election on reduced bookings with travellers not wanting to be away during the voting process.
So, with an apparent negative impact in the lead up to the election lets hope for a clear result that gives consumers the confidence to go out and shop immediately after the July poll.
Have Your Say - click here.
Why The Dairy Farmers Plight Means So Much To Traders
Australia’s dairy farmers are
going through tough times and in fact that is an understatement because the
latest round of cuts in the price of milk have made many farms unprofitable.
There is something we can do about that.
It shoudn’t be a surprise that
traders at QVM have some affinity with dairy farmers. We are both small
business operators (often family operated) experiencing tough times due to
market forces (in our case a retail recession). It has been said that over
supply is a big problem for the dairy industry and traders in the top end of
QVM in categories that are over represented know what that can mean.
The long term answers for the
dairy industry lie in a new model. They will need to rearrange their production
and supply chains. In fact we are told that their whole business model will
need reassessing. It sounds a bit like a renewal for the dairy industry and I
apologise for once again drawing a parallel with our QVM experience.
In fact the two are quite
different. Dairy farmers have a sudden perfect storm of difficulty caused by
the decision to cut milk prices below sustainability levels. Apparently there
has even been an attempt to backdate the price reduction leaving some farmers
with heavy debts. The milk industry, including the dairy farmers, need to take
responsibility for the effective management of their industry but the
suddenness and the depth of this latest dilemma has caused many people to
abandon blame and look for some short term relief that will allow measured
correction over time.
According to the Herald Sun we can all help by buying Australian milk products from names like Bulla, Farmers Union and Gippsland Dairy. According to The Project on TV last night, most Australians don’t get their required daily intake of dairy products so that is a good excuse to go out and buy more local cheese and yoghurt. Those measures are a great way to help farmers and of course what better place to buy those items than The Queen Victoria Market - Australia’s best source of specialty dairy products.Sunday 15 May 2016
The Hidden Promotion of QVM
Radio, newspaper and TV advertising are traditional forms of promotion that are instantly recognisable and generally available to most observers. But social media is a little more personal and takes place without everybody necessarily knowing that it is happening.
Facebook is available to most although it is directed at a different clientel and many traders probably don't view it regularly. The QVM Facebook activity is going on continuously in the background and recently featured an excellent series on Mum's at
work at QVM.
Direct mailouts (email) are another component of direct contact with customers and once again, many traders may not have seen this form of promotion. Well, here is a direct online link to what customers are receiving - direct email link. The email on this occasion featured activities at the market and a special accomodation/tour offer for visitors.
As social media and direct online communication become more integral to retail marketing we can expect QVM to grow its customer database and maximise the value of this "hidden" promotion.
Have Your Say - click here.
New Trader Elections To Benefit Traders
The
new trader election system to be released this week will provide significant
improvements in the way traders contribute to renewal. We encourage you to
attend one of the short information sessions that will be conducted by traders
on Tuesday 17th, Wednesday 18th, or Thursday 19th (2 sessions) this coming week.
Two
key aspects of trader involvement will benefit from the formation of the new
Trader Representative Committee.
- Firstly, traders will elect 27 representatives
which will spread the workload and enable us to be more professional in our
information gathering, analysis, and presentation to QVM and other relevant
bodies.
- Secondly, having 2 representatives in each of 13 new market precincts
will enhance the communication chain. Traders know how difficult it can be to
leave your stall/shop to pursue issues at the office or with a representative
at the other end of the market. Having two representatives in your aisle/hall
or an adjoining aisle/hall can only assist that process.
There
is more to learn about how this new system will work and how you can
participate. Short information sessions will be conducted by trader
representatives at the Engagement Hub 452 Queen St. as follows -
- Tuesday
17th May 2016 - 2:30pm.
- Wednesday
18th May 2016 - 10:30am.
- Thursday
19th May 2016 - 2:30pm.
- Thursday
19th May 2016 - 3:30pm.
If
possible we would like you to book in advance by phone or email - to 03 9320
5822, info@qvm.com.au or by personal attendance
at the offices in deli lane or shop F1.
Join
your fellow traders in creating a better market.
Our Market Is Big
At this week's Planning Panel meetings concerning QVM precinct planning controls, Professor Rob Adams made a presentation that included many fascinating aspects of the role of QVM in the fabric of our wonderful city.
A couple of slides concerned the size of our market and it is huge by comparison with a number of significant local and overseas places of retail. The overhead view of our city which takes in a panorama extending right out to Port Phillip shows clearly the significant footprint that we occupy.
And when you compare QVM with the size of local and international markets we are certainly a standout.
Have Your Say - click here.
Heritage Tram Cafe for QVM?
An
application has been made to place a converted Melbourne tram outside the State
Library in Swanston St to operate as a cafe. The inclusion of our iconic trams
in the Melbourne streetscape would seem to make sense and where better to
locate a piece of Melbourne history than at the historic Queen Victoria Market?
According
to the Herald-Sun our market is on the list of possible sites for tram cafes.
Customers Love Our Market
While
a war of words goes on about renewal, glowing customer reviews of our market
continue to surface. Here are some over the last few days on Trip Advisor.
“A box of 12 young
coconut is just $5. I shared with other buyer because I couldn't carry that much.
I spent $1 for a kg of nice potatoes. There are many restaurants in / near the
markets. You can get many interesting things that can't find in the department
store.”
“I spent hours in
this place, they have everything you could ever want from clothes to food &
all sort of goods, great place for shopping & eating, a must if you are in
Melbourne.”
“I walked around the
place on Wed afternoon. Only a few cafe remains open. A big empty car park
place. But on Fri morning onwards, the place was transformed to a bustling
place. I had hefty big breakfast with coffee at Le Crossiont, sat on the
Elizabeth street and watched people going about. Very nice.”
“You haven't been to
Melbourne if you haven't been here! Great place to eat, drink and shop classic
Australian and frequent shows and events. In the summer they have a night
market which you must go to with an empty stomach. Delicious food and an
overwhelming selection.”
“Having come from the
north of England I am rather fond of a good market, this one will not disappoint
you can pick up some great bargains and souvenirs. The food hall is also
interesting to visit.”
So
for many visitors, particularly tourists, the QVM is a wonderful place. What traders
need is for more customers to come and for those who have stopped coming to
find good reason to come back. That is going to require some significant
investment.
COMMENTS:
16/05/2016 17:27:02 Some Customers Hate our Market "Its great to hear all the good comments about the Market but I should also point out there is many bad ones as well!!!I Would like to know if someone from the Management could tell me what to say to all the customers that have asked me what has happened to the market.Why all the empty stalls and the market looks so bad to previous past visits.One customer commented to me that it looks like it has a bad cancer and is dying!!! I have to agree !!So sad to keep hearing comments like that from customers that will probably never come back again and also spread the word to their friends as well!!! "
Perhaps those customers don't hate our market but hate what is happening to it, and we can sympathise with that. It doesn't help much, but we are simply suffering the same problems that a multitude of retail centres across the globe are experiencing. Consumer preferences are changing for many complex reasons and adjusting to them (greater convenience, easier access, more services) is going to take time and resources. Luckily we have a renewal on our doorstep. I guess you tell your customers that we are in the process of adjusting to changing needs and we will respond in a very positive manner as we have always done. - Ed
Friday 13 May 2016
Design Concepts For QVM
Over the years there have been a variety of design concept
drawings for QVM including this one on the left to build a glass tower over the food halls.
Fortunately it didn’t get any traction.
Concept drawings are very useful for creating discussion
around design concepts and there has been no shortage of ideas when it comes to
QVM. Over the years we have seen drawings that show for instance a two storey
office facility at the top of A&B sheds on Peel St. presumably to house
market staff. Then there was the drawing that showed a building on String Bean
Alley which had trees growing on the top floor, and a drawing of glass shrouds
over the car park.
But the latest concept drawing (see below) is particularly relevant
because it was presented at a Planning Panel meeting in the past week and it
includes a building on the Munro site. It also shows possible treatment at the
southern end of the market including the retention of the Franklin St. storage
sheds.
Like all concept drawings it is not clear if all or any of
the components will be part of a future QVM but it does raise a number of
discussion points. We expect to see the first renewal proposals sometime next
month and in the meantime perhaps we can start thinking about possible
scenarios including those depicted in this drawing.
Thursday 12 May 2016
Mother's Day Celebrations
Monday 9 May 2016
Sundays Are The New Food Day
Our
Marketing Director, Mark Smith, identified customer visitation changes in our
food halls in the latest Trader Bulletin. Sunday's have now become the second
most visited day of the week at QVM and according to a recent article in the Sydney Morning Herald, Sunday's are now the most important day in super markets as the big boys
battle it out for market share.
Apparently
Sunday is the day for the big spenders, the value shoppers, and supermarkets
regard it as a critical day for getting everything right on the shop floor.
That is the day that the shelves need to be full and the checkouts manned which
might explain why the industry is so keen on getting rid of Sunday penalty
rates.
There
is no question that customer service is a high priority for Coles and
Woolworths (and everybody else for that matter). The trend to smaller, more
frequent shoping has its challenges and keeping the offer fresh at all times
becomes a major priority, particularly on Sunday's. The traditional day of rest is no more
when it comes to food shopping.
If Sunday traffic at QVM increased 7% in 2014/15 then Mark Smith is right - this is just another example of the need to view changes in customer behaviour with an open mind and a willingness to adapt.
Saturday 7 May 2016
Latest Retail News – 7/5/2016
Latest Retail News – 7/5/2016
1. Victorian menswear brand, Mr. Simple, opens at Melbourne Airport.
2. Woolworths plans to hire 1600 indigenous workers.
3. Roy Morgan Research says fewer Australians eating sweet biscuits.
4. Woolworths sale decline nearly 1% in third quarter.
5. Retailers welcome tax cuts in Federal Budget for small business.
6. H&M announce two new stores at Pacific Werribee and Chadstone.
7. New owner, Kogan, relaunches Dick Smith online.
8. DFO to open at Perth Airport.
9. UK footwear retailer fined for claiming Ugg boots made in Australia.
10. Woolworths criticised for promoting vacuum cleaners as ideal Mother’s Day gift.
11. Convenience store growth outpaces general grocery category.
12. Uniqlo surprises 25 shoppers with mystery flight to Gold Coast to promote new Pacific Fair store.
13. New report identifies changing Aussie food trends. Click here.
14. March retail figures suggest nervous customers.
15. Australia’s first Lego store to open on Gold Coast.
16. Eastland set to expand – again.
17. Lindt to open new chocolate store at Harbour Town on Gold Coast.
18. ACCC successful in action against egg price cartel.
19. Major milk processors and distributors slash milk prices in blow to dairy farmers.
20. Kelloggs sales decline in US.
The City of Melbourne's annual budget was
released this week and QVM gets a big chunk of the expenditure.
The Council will raise $430 million in revenue
with a surplus over $15 million, and is budgeting $8.45 million towards the
Queen Victoria Market. Market renewal is the single biggest project in the
city's history and council has set aside a special renewal reserve so that any
funds from QVM will go into that reserve for the exclusive use of renewal. The
income from QVM in the budget year is expected to be around $4 million.
QVM Inspires Hong Kong Market Discussion
An
article in the South China Post has pointed out the value of Hong Kong markets
to their declining tourism sector. The
Agriculture, Fisheries and Conservation Department has been criticised for
leaving parts of its fresh food wholesale markets empty.
The
article proposed turning empty space into weekend markets featuring gourmet and
organic foods and handcrafts. “These weekend markets have proved to be a
successful tourist magnet in other cities. Each one I have visited has had its
own unique qualities, for example, Queen Victoria Market in Melbourne, Borough
Market in London, and Salamanca Market in Hobart, Tasmania.”
The
article went on to say “A market can be much more than the city’s fresh-food
shopping mecca – it can also be a historic landmark. Queen Victoria Market is a
case in point.”
Hong Kong has long been recognised for the number of markets, the variety of goods on display, and the huge crowds, particularly at their night markets. It is interesting that Hong Kong hopes to draw inspiration from QVM as they look to enhance their tourist offer.
Have Your Say - click here.
Friday 6 May 2016
Bruce Goose Gets Exposure From CoM
Following is a blurb from the City of Melbourne promoting the upcoming Lord Mayors Commendations for small business. As you can see the promotional opportunities from participating in these awards are significant. The general recognition of traders is all part of the process and it is as simple as making application direct to the CoM - click here.
And besides, after trading at QVM for 10 years or more, you deserve recognition. You have until 20th May to be part of the 2016 commendations..
Celebrating Bruce Pham, Bruce Goose Pty Ltd
2014 Bronze Commendation Recipient
The iconic Queen Victoria Market has nurtured some of Melbournes
favourite retailers and Bruce Pham is no exception. Bruce learnt the
ropes helping his parents as a young teenager and joined the family
business on a full-time basis at 18 years of age.
The market stall has evolved over the years but the quality has not,
providing Melburnians with the finest Australian made woollen, cotton
and bamboo socks.
Bruce Pham is eligible for a Silver commendation in 2016
Twenty five years in five minutes
with bruce pham
Twenty five years in business is no small feat, what is your favourite part of the job?
Meeting different characters from around the world.
What has been some of the biggest changes/challenges you have seen in 25 years?
The emergence of the internet and online trading. Physical stores,
shops and stalls must create and provide a great shopping and
personalised experience to customers.
Have you noticed a change to visitors to the QVM?
More and more interstate and overseas visitors. The downside is that we
are finding a lot less local people coming to QVM. Car parking is
becoming very expensive.
Piece of advice that you would offer to a new starter in the business world?
Be serious and passionate about what you set out to achieve. Remember the quote, "What if?" Have a lot of back up plans.
What would you still like to achieve?
Create more functional, comfortable, natural fibre socks that are vibrant.
Operations Around Our Market
In a public market the size of QVM you can imagine that a multitude of different operational functions go on everyday. We reported recently about the monthly Friday Operations Catch-ups that are linking Trader Representatives and operations staff as they share information and decision making on a variety of issues.
Our aim on Victraders will be to bring you a brief summary of some of those issues on a weekly basis. They will just be summaries but if the subject interests you or you feel you need to know more about them, then we suggest you talk to your Trader Representatives, Market Officers, or staff at the office locations at Shop F1 or in the Deli Lane.
C Shed Special Markets - top walkway to Peel St. - The markets planned for Saturday 7th May and 21st May have been cancelled. That area will be available for normal casuals on those two Saturdays.
Parking In RK/RL On Tuesdays and Thursdays - traders have raised issues with vehicles blocking access aisles which has implications for normal market movements but also safety concerns in an emergency. A procedure will be introduced to stop indiscriminate parking.
Meat Hall (Fishmongers) - a procedure for removing rubbish from fishmongers premises so that it is out of public view is being discussed with those traders.
Box Hire - Emergency Removal - traders who miss the cut off point for cancelling boxes due to a genuine emergency will now have access to a new procedure that will limit costs.
Late Pack-up - Wearing of Vests - traders or their workers who are completing pack downs will be required to wear high visibility vests after a certain time.
Hanging Products in Aisles - it is unlikely that this practice can continue given global security concerns and the importance of unobstructed vision for CCTV cameras. Traders will receive formal notification.
Stall Spreading Procedure - this matter has progressed with a sub-committee of traders currently considering options.
Have Your Say - click here.
Our aim on Victraders will be to bring you a brief summary of some of those issues on a weekly basis. They will just be summaries but if the subject interests you or you feel you need to know more about them, then we suggest you talk to your Trader Representatives, Market Officers, or staff at the office locations at Shop F1 or in the Deli Lane.
C Shed Special Markets - top walkway to Peel St. - The markets planned for Saturday 7th May and 21st May have been cancelled. That area will be available for normal casuals on those two Saturdays.
Parking In RK/RL On Tuesdays and Thursdays - traders have raised issues with vehicles blocking access aisles which has implications for normal market movements but also safety concerns in an emergency. A procedure will be introduced to stop indiscriminate parking.
Meat Hall (Fishmongers) - a procedure for removing rubbish from fishmongers premises so that it is out of public view is being discussed with those traders.
Box Hire - Emergency Removal - traders who miss the cut off point for cancelling boxes due to a genuine emergency will now have access to a new procedure that will limit costs.
Late Pack-up - Wearing of Vests - traders or their workers who are completing pack downs will be required to wear high visibility vests after a certain time.
Hanging Products in Aisles - it is unlikely that this practice can continue given global security concerns and the importance of unobstructed vision for CCTV cameras. Traders will receive formal notification.
Stall Spreading Procedure - this matter has progressed with a sub-committee of traders currently considering options.
Have Your Say - click here.
Wednesday 4 May 2016
Leave Our Market Alone
“Leave our market alone” is a phrase often used against our
market owners and managers but I am a trader who wants to use it against the
meddlers and do-gooders who don’t really understand the need for change at QVM.
Yesterdays Herald Sun reported on plans to renew the Queen
Victoria Market and the online comments from individuals at the end of the article were
dominated by themes like “Leave our market alone, “Don’t change what’s not
broken”, or “Tell the experts to stay out of our market”. How do traders tell
these people that we don’t want the market left alone, our market is broken,
and we do want resources and expert advice so we can do something about it.
One of the biggest complaints you will hear from traders is
that the market has been neglected for at least the last 20 years. Virtually no
resources have been put back into the market other than to maintain the status
quo. In the meantime the GFC and a subsequent retail revolution have taken
their toll. Trader takings have dwindled, traders have left, we have big gaps
in some of our aisles (A Shed) and, for many, the future is not looking very
bright. Retail decline is not the fault of the owners or managers, but market neglect certainly hasn't helped.
Fortunately the City of Melbourne has seen the error in its
ways and plans to spend up to $250m making us better. They also want to grant us World Heritage
status. So why do meddlers and do-gooders object? Let’s examine a few possibilities. One
is that they are meddlers who like nothing better than to complain, particularly
if it is a chance to have a go at city hall. Secondly they are traditionalists
who want to come back to the same market, in the same way, and under the same
conditions as they have for years. If all our customers were like that we would
not have a problem. Unfortunately many of our customers have moved on to
alternatives. They have gone to more convenient local shops or online
and we need to encourage them back or find replacements. I would like to think
that the biggest group simply want to support our traders and feel that preventing
change will help and, let's face it, some of those changes may be unpalatable in the short term. Bless them for their concern, but unfortunately doing nothing is not
the answer for QVM.
Traders don’t want drastic change. We don’t want wholesale
changes to heritage buildings. We don’t want changes that make us look
like another shopping centre. We don’t want anything that will work against that
essential core ingredient of our market – the ingredient that makes us great –
the multitude of small independent businesses. And those businesses will need special care particularly during any construction works. But we do need better
facilities. We do need ways to make it easier for our customers to shop. We do
need leadership in areas of store and stall presentation, trading hours, and
the use of technology. We do need resources to help us become the best we can be.
We want to retain the authentic nature of the market and respect
its heritage. Fortunately they are the exact words that Professor Rob Adams,
the council’s city design expert, used in his presentation to a planning panel
yesterday here in Melbourne. No trader is going to give QVM or the CoM the freedom to do what they want at our market without our input. But until
potential options are revealed (that is expected to start next month) we are
all just guessing.
It is not unreasonable for traders to respect the abilities
of city designers who have made Melbourne the world’s most liveable city. We
can wait eagerly for their options to renew our market and we will critically review
each of those as key stakeholders at QVM. In the meantime it would be preferable
for the do-gooders to stay out of the arguments and just keep on shopping at
the market. That is all the support we need from them right now.
By Greg Smith
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