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The “Great Mall Resurgence” in the American retail market

Inside Retail

The mall concept as we know it began in 1956 with the opening of the Southdale Center in Edina, Minnesota. The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. As Baird warned, “Retailers need to pick their malls carefully. per cent and 1.0 per cent lower, respectively.

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How Saks Fifth Avenue is tapping into the power of personal shopping

Inside Retail

While the everyday consumer has become pri c e-sensitive with the growing costs of living in the US, the 1 per cent is still spending – to a point where the luxury shopping market has become more competitive than ever. The retail expert noted that “for discretionary luxury shopping in physical retail, this is paramount”.

Shopping 147
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Squad shopping and self-improvement: Five consumer trends to watch in 2023

Inside Retail

Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them. Rather than talking about what we do when we’re out there, it’s about how it makes us feel.”

Consumer 130
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Marimekko, Moleskine, Lojel: Three new concept stores open in Thailand

Inside Retail

Most recently, on September 10, Finnish lifestyle brand Marimekko opened ‘ Marimekko Concept Store’ on the mall’s ground floor. Is Marimekko Concept Store really a concept store? It has been open for more than two years and is a clearly distinct retail concept leveraging the Marimekko brand.

Concept 130
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Why New Balance is putting people at the heart of its new store concept

Inside Retail

New Balance recently revealed a new retail concept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. The open concept creates a space where consumers can shop cross-category to match their personal style.

Balance 130
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Let them eat $20 smoothies: How Erewhon is reinventing luxury groceries

Inside Retail

As of last year, Erewhon had amassed a total ending market value (EMV) of $60 million, exceeding more accessibly priced grocery chains like Sam’s Club ($59 million EMV) or Sprouts ($27 million EMV), a report by influencer marketing platform CreatorIQ stated. percent, to reach an estimated $8.47 trillion by 2027.

Consumer 278
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How to reach customers at the time of purchase

Inside Retail

Retail marketing has evolved over the last few years. While advances in technology have allowed for more personalisation and better shopping experiences, the way consumers shop – both online and in-store – has changed significantly and the lines between the digital and physical world continue to blur further.

Strategy 246