Managing a lakefront treasure |
Navy Pier’s General Manager Seth Kagy shares how the popular tourist attraction fosters successful retail partnerships.Navy Pier’s Seth Kagy has worked at the attraction since 2017, holding the titles of senior director of guest experience, vice president of sales and guest experience and now as the general manager.Souvenirs, Gifts & Novelties (SGN): What is the history and background of your souvenir, gift and novelties stores?Seth Kagy (SK): In 2017, Navy Pier fully renovated our pavilion space into the Fifth Third Bank Family Pavilion. We revitalized the area into a beautiful open environment for Chicago-based entrepreneurs to offer more boutique items and Chicago- centric products. The gift shops in the Fifth Third Bank Family Pavilion sell items that would be found in neighborhood and museum gift shops. SGN: Describe the overall operation and how retail fits into the puzzle.SK: The People’s Pier is all about giving our guests a wide selection of experiences on land and water. In total, we have 77 partner tenants on site. Photos: Navy Pier This includes cruises, boats, dine-in restaurants, fast food shops, dessert stores, the Chicago Shakespeare Theater, the Chicago Children’s Museum and more. Out of the 77 partner tenants, there are 12 retail stores and 25 kiosks that sell souvenir, gift and novelty items. Most of the retailers are separate stand-alone entities that have their own operating procedures. SGN: How many employees work in the stores on Navy Pier, and how does that change depending on the season?SK: All our partners hire their team members individually. The businesses have a range of needs all based on their offerings and business plans. With the inclusion of all 77 partner tenants and Navy Pier Inc., this location could have about 2,500 employees during the peak of the season. SGN: What is your core customer demographic?SK: Navy Pier attracts guests from all over the globe. Navy Pier is The People’s Pier, Chicago’s lakefront treasure, welcoming all and offering dynamic and electric experiences through partnerships and programs that inspire discovery and wonder. With the vast array of offerings we have many repeat visitors come to experience Navy Pier. “You want to make sure your guests feel welcome The moment they walk through the door and have so much fun that they come back.” — Seth Kagy, Navy PierSGN: What souvenirs tend to sell the best across the partner stores?SK: Top selling items are T-shirts and Chicago- based items that help guests memorialize their visit. We have learned that most guests are looking for items at $50 or less. Guests are most interested in purchasing items that are unique to the Chicago area and can help to celebrate their visit and experience while at the Pier. SGN: What is your retail business philosophy?SK: Navy Pier Inc. is focused on providing local Chicago business owners with a platform to share their goods and services to the public. Our goal is to open the door for many small local businesses to sell their items in this Chicago staple. SGN: What advice do you have for destination-based retailers on how to be successful?SK: The single best piece of advice I can offer is “create an inviting environment and offer unique items to engage guests during their visit.” You want to make sure your guests feel welcome the moment they walk through the door and have so much fun that they come back. SGN: Is there anything else you would like to mention with regard to the pier and its retail partners?SK: Navy Pier has an amazing group of partners that are dedicated to ensuring we offer our guests a high-quality experience while visiting our location. I am proud to be a part of such an amazing team! |