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On Friday, The Wall Street Journal reported that online retail giant Amazon is looking to open large bricks-and-mortar stores in the US to sell clothing, homewares, electronics and other products, much like a departmentstore. And it would come at a time when some long-running departmentstores are closing up shop.
Unfortunately for many departmentstores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable. So, what is to become of these extinct departmentstores?
With the opening of Ecoya Martin Place, Ecoya now has two DTC retailstores that complement its extensive network of retail partners, including boutiques and florists to big departmentstores like Myer, David Jones and Ballantynes.
Luxury departmentstore Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retailspace at its Pacific Place Hong Kong store. As our physical and digital worlds collide, the luxury retailer aims to make NFTs more accessible to a broader audience.
Spanning eight floors and 71,500 sqft, Johnnie Walker Princes Street is located inside a building, which was formally a traditional departmentstore for almost 100 years. The rooftop bar and dining experience.
Laurent Boidevezi, the Apac president of luxury liquor group Moet Hennessy kicked off the day by outlining the company’s plans to expand on building its maison’s direct retailspaces as it looks to boost engagement with new generations of end customers.
More and more people are just entering stores to feel the fabric, try the item and purchasing them online. So, how can a retailspace be called successful in given so many factors? Hasan and Husain Roomi, founders of H2R Design, have a vast experience of delivering retail projects. Highlight the focal point.
Retailers who incorporate interactive elements can encourage passersby to engage with the scene, which enhances the overall experience and makes it memorable. Retailers are no longer using static displays; now they use cutting-edge technology like augmented reality and interactive elements to engage passersby.
“They are now so big and so powerful that Amazon is the default,” Nathan Bush, director of e-commerce strategy at eSuite, told Inside Retail. “Many domestic retailers were not strong on digital, especially departmentstores which offer similar home product ranges,” she told Inside Retail. .
Looking at retail disturbances in an oversimplified way, the first major disruption in retail was the emergence of departmentstores. These departmentstores were typically found in major cities, catering to urban consumers’ needs. This era was often described as consumer warfare.
One of the key trends that defined retail in 2023 was pop-up shops and how these experiential shopping experiences have taken hold over millennial and Gen Z consumers. Midway into the first quarter of 2024, there are no signs of this experiential retail trend slowing down. The brand can also gain experience with retail operations.
In the heart of Kuala Lumpur’s emerging international financial district lies The Exchange TRX – a new retail complex that aims to redefine urban luxury and community engagement. These brands are pushing the envelope in terms of customer engagement and this is going to be a fantastic opportunity for us,” he said.
The partnership aims to celebrate and recognise the vital role that independent retailers play in the success of the high street, and to encourage the public to support their local independent stores. The category is open to independent retailers of all sizes and types, from small boutiques to larger independent departmentstores.
Seasonal trend adoption: Consumers look forward to new product launches, limited-edition items, and exclusive holiday offers, providing a golden opportunity for brand engagement. Time-Limited Offers : Introduce flash sales throughout the day to keep consumers engaged. Have you considered launching your product brand in retail?
Expert Manager at Univers Retail | Published author | Visiting lecturer. Pop-up retail has emerged as a dynamic and innovative approach to marketing and brand engagement in recent years. At the heart of pop-up retail is the theatrical environment it cultivates. Ghalia BOUSTANI.
Latest retail results show departmentstores need more than touch-ups. And while both online and in-store transactions are part of the overall experience, it's the retailspace that currently requires new ideas and layouts. largest retailspace. Brand Strategy for Your Retail Design.
Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi departmentstore in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall. Its location in Taipei was designed after careful consideration of Shin Kong Mitsukoshi A8 shoppers.
The retailspace features intricate patterns and motifs that draw on local architecture, coupled with open layouts that create a sense of grandeur and connection throughout the terminal. The iconic Lamp Bear sculpture, situated amid luxury boutiques, offers a striking focal point that engages travellers.
Spanning two floors, the 1103sqm retailspace features distinct areas dedicated to specific product categories. Further, the store offers a blend of aesthetics and functionality. The layout is carefully planned to create an immersive and engaging experience. The inclusion of social spaces is also a key feature.
In a special showcase, Retail Focus looks across the industry for some of the more unusual applications in recent times, paying tribute to the retailers and creatives involved in these projects. Spreading festive cheer Seeing as we are edging ever closer to that time of the year, let us start with a festive theme.
As retail undergoes seismic shifts, small-town high streets are defying the odds, thriving where city centres struggle. Urban high streets, once dominated by departmentstores and large chains, now face widespread closures and vacant spaces.
As retail undergoes seismic shifts, small-town high streets are defying the odds, thriving where city centres struggle. Urban high streets, once dominated by departmentstores and large chains, now face widespread closures and vacant spaces.
In recent years, retail designers have been met with a new challenge: to create shopping experiences that cater to digital-first generations while continuously engaging shoppers who primarily shop in-store. Let’s look at some of the most inspiring store designs. In-store hospitality offerings: mtl Coffee Shop.
. - A system to help shoppers locate items they see on display in the store quickly with AR or interactive maps. A next generation sensory-based, item-level tracking system that locates merchandise in a departmentstore or warehouse within three feet, using IoT sensor technology and 2D mapping. CITY LUXED. STYLESHOOTS.
With travel still not possible for many Harrods customers, the world-renowned London-based departmentstore searched for a creative solution that would still allow customers to visit. Brands spend a lot of money making their retailspaces beautiful, but those are limited by physical geography constraints,” said Clement. “We
Below, you will learn what a retailstore layout is, what makes a retailstore layout so important and the seven most common types of retail layouts. Keep reading to find out the advantages and drawbacks to the most popular kinds of retailstore designs so you can increase shopper engagement and drive sales.
Yes, right out of school I was fortunate to work for a designer that had his start as a visual merchandiser for a large departmentstore in Detroit. Throughout his career he had a focus on retail. Footwear department at Kmart. They have a lot more foot traffic and customers are enjoying the new store.
FLANNELS Dublin is set to be the next flagship in the brand’s roll-out of trailblazing flagship stores. Opening in the landmark former Clerys Departmentstore on O’Connell Street, it will be the first to open outside of the UK – demonstrating a key expansion for the next-generation luxury retailer.
Beyond functionality, storytelling has emerged as a powerful tool, weaving engaging narratives around product origins, unique ingredients, or artisanal craftsmanship to build a deeper emotional connection with consumers. Messaging plays a critical role in justifying higher price points by emphasising product efficacy and tangible benefits.
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