Retail is theater, and people like to be entertained while they shop. This change isn't merely a nod to nostalgia; it's a strategic move based on tangible benefits that stores offer, often overlooked by digital platforms, especially for certain industries. #shoplocal #BFCM #smallbusiness #shopsmall #retail #localshops
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Retail is theater, and people like to be entertained while they shop. This change isn't merely a nod to nostalgia; it's a strategic move based on tangible benefits that stores offer, often overlooked by digital platforms, especially for certain industries. #shoplocal #BFCM #smallbusiness #shopsmall #retail #localshops
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With the departure of retail staples like Sears, Lord & Taylor, and Kmart, mall operators are taking a wholistic approach to blend brick and mortar with digital. The strategy gives equal weight to both in-person and online shopping and is part of a broader brand expansion effort as mall operators work to attract new tenants.?For malls, the emphasis of this strategy has been to attract luxury retailers and build out experiences or activations. And movie theaters, a long-time mall anchor, are also repositioning themselves as locations for live events and exclusive products. https://lnkd.in/eBcW-mMX
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The continued #evolution of #retailrealestate! "The role of the #store needs to be much more #experiential than it is today. I think #consumers are going to raise the bar, and they’re just going to expect that because when you can just #shop and do a transaction a click away, there has to be a higher purpose for a store. It’s not just about the consumer-facing aspect, but the back end of the operation becomes even more important. The store becomes a mini #distributioncenter." #larrytheleasinglawyer #shoppingandtheretailindustry #retailleasing
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Pirch was the hottest thing in retailing...until it wasn't. Find out what went wrong and what it says about the future of experiential retailing. https://lnkd.in/gKjTPs8c #pirch #retail #homefurnishings #homeimprovement #kitchenandbath #therobinreport #warrensreport
Does Pirch’s Demise Mark the End of Immersive Retailing Too?
warrensreport.com
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?? Check out this fascinating blog post on Retailtainment and how entertainment is being adapted to shopping malls to enhance the consumer experience and boost foot traffic! It explores the concept of retailtainment, its benefits to consumers, and key ideas for understanding and implementing it in the retail space. Dive into the details here: [Retailtainment: adaptar el entretenimiento a los centros comerciales](https://lnkd.in/gHfa52hR). Let's give our shopping experiences a fun and memorable twist! #retail #retailtainment #consumerexperience
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Some good ol' retail technology humor to get you through your Wednesday ;) #ModernShopping #RetailProblems #ShopTillYouDrop #RetailRealities #CartoonLaughs #RetailTech #PointOfSale #InventorySync #EcommerceSolutions #TechMeetsRetail #customerservice
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Since the post-pandemic rebound of customer traffic in physical stores, we have witnessed huge commitments to reinvest in stores by many top retailers. No one is doing it better than Sam's Club. They have been laser focused on improving their customer experience for a number of years. Whether it's opening massive Disney-like stores in China or creating full integration of the digital channel in the physical space, Sam's continues to transform their store experience. And it's been paying off. Sam's has seen their revenue grow by 50% over the past 5 years despite a flat store count. Read this article from Progressive Grocer and see how they are making club shopping engaging and seamless. #samsclub #walmart #innovation #retail
The Future of Sam’s Club Begins in Grapevine, Texas
progressivegrocer.com
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?? Retail is on a roll! As we wrapped up the first quarter of 2024,?#retail?sales surged by $7.4 billion, driven by robust consumer spending despite inflation. From?#online?shopping booms to experiential?#dining?leaps, the industry is thriving and continuing to exceed historical trends! #RetailinRealTime #ColliersRetail
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In recent years, the retail store landscape has undergone a seismic shift. The pandemic saw consumers transition from High Street shopping to online purchasing forcing many retailers to either relocate or close their doors permanently. ? For those seizing the opportunity to move, establishing a retail presence that truly reflects their brand identity, colours, and ethos is paramount. However, achieving this can come with its own set of challenges. Here we explore these challenges... https://lnkd.in/e7ag8ZkS CIC - doing what we do best #retailfitout #refubishment #retail #CIC #experts #happyclients
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“Today’s consumers desire more than just a product; they crave novel experiences and unique offerings that go beyond mere transactional exchanges."? ? Learn how this trend is changing retail as Karen Ng, our Executive Director of Experiences, shares her insights about pop-up stores. ? Find out how Kingsmen can redefine experiences for you ?? www.kingsmen-int.com ? #ExperiencingKingsmen #TheExperienceCompany #KingsmenCreatives #KingsmenExhibits #Popup #Retail #ExperientialMarketing
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Very interesting and it makes great sense!