Palmer Retail Solutions Blog

Renewing Your Kiosk Lease

Posted by Kathy Heil on Apr 26, 2013 12:56:09 PM

Advice for renewing your kiosk lease.

tips to renew your kiosk leasePerhaps you recently flipped over to a new page of your calendar to find that your mall kiosk lease is almost up. Contrary to what you may think, renewing your kiosk lease can come with a variety of challenges that are often unanticipated by the renter.

Before you head into your renewal negotiation, take a look at the rest of the mall and try to get a feel for what the rest of the kiosks look like-- have they changed since you last signed your lease? Does your kiosk look out of place? Prepare yourself to make changes to your kiosk, and even build a completely new kiosk, depending on how much has changed since your last lease.

Find out about the grandfather clause at your mall. If you build something new now, will the mall continue to allow it in the future? Many mall management companies are often open to a “renew with modifications” clause, where you can redesign parts of your kiosk to stay up-to-date with their most recent requirements without having to start from scratch.

It will benefit your kiosk in the future to make design changes regularly so that you do not have to make big changes going forward. Rather than resisting changes, making gradual adjustments over time can help ease the burden of ever having to trash your kiosk completely.

If you have any further questions about the mall kiosk as a retail solution, download our eBook outlining important things to know before opening a retail kiosk. To connect with us you can visit our website at www.palmerretailsolutions.com. Keep current with industry discussions and product information on Twitter: @PalmerPRS.

Palmer Retail Solutions strives to offer our clients the absolute best combination of innovation, quality, service, and value for our diversified custom store fixtures and merchandising displays. For more information about our designs, retail fixtures, cash wraps, kiosks, or point of purchase displays, visit our website at http://www.palmerretailsolutions.com.

Topics: Kiosks

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