Insights on Leading Retail Growth Platforms
The retail industry is rapidly moving to a new normal. There has been enough research and analysis done in the past decade describing the factors of the small footprint movement, including: market saturation, and the increasing global urbanization rates. However, the most important need for change was driven by the consumers’ demand for convenience. Walmart [...]
Located in Seattle, Washington, the Hointer Beta Store is a revolutionary apparel store targeting men. Founder & former Amazon executive, Nadia Shouraboura is banking on the “old” theory that “men don’t like to shop.” The result is a store that allows men to shop quickly with the help of their smartphone. This newest men’s clothing [...]
UK retailer, Wilkinson’s, has rolled out a new experimental store format in Crawley, West Sussex, UK under a new banner Wilko. Wilko is a two-story, 28,000 square foot store focusing heavily on visual merchandising, the creation of product universes, in-store services & ammenities, and click & collect. The store layout is unique, in large part [...]
Kiosks are becoming a much more frequent point of purchase around the world. Companies like Best Buy, Kroger, and Apple are pushing the concept hard. In Brazil, fast food & beer companies’ kiosks are becoming very popular among the mid-lower consumer segments. Small, 200 square foot formats provide: (1) retailers with a low cost way [...]
Imagine an in-store shopping experience that removes the need to wait in line to check out. Well, a company named ShelfX, as well as new functionalities on the Apple Store Application could bring the possibility of a seamless checkout to reality. Smart Shelves The seamless checkout concept, branded ShelfX Smart Shelves, eliminates checkouts and cashiers [...]
Store-based retailers need to innovate in order to reach the more tech savvy consumer. RetailNet Group analysts forecast US e-commerce sales to grow 25.18% faster than store-based retail sales from 2011 to 2015. Smartphone ownership among American adults is expected to grow from 25% to 59% in the same period. Retailers spend piles of money [...]
What is the appropriate balance between automation and human interaction in retail stores? Shoppers want convenience, but are they willing to sacrifice the help of a friendly store assistant to get there? Retailer merchandising and operations strategists must consider kiosk implementation as a potential solution. Granted this route could require somewhat of an ethical [...]
Walmart has just pulled out of an agreement to put 23 wine kiosks in its stores in Pennsylvania. Walmart has struck the agreement in March to put these wine kiosks in about two dozen stores. The wine kiosks, operated by Simple Brands, have been set back by technical difficulties. Wegmans is another Pennsylvania based retailer [...]
Walmart Unveils its Smallest Store Format: 1,000 SqFt
QR Codes Enable Virtual Shopping From Metro Stations in Chile and South Korea
Amazon’s New Lockers in 7-11 Stores Seem to be a Good Idea
A Look Inside Walmart’s Urban 90 Supercenter
Photos: Entrance Merchandising Strategies – Duane Reade, Lowe’s, and Carrefour
Order Online, Pickup In-Store: The Auchan Drive Way
CityTarget: What You Can Expect From the Urban Format of 2012
Four Innovations That Will Change the Store-Based Retail Experience
Whole Foods Plays with Loss Leader Promotion to Drive Traffic
RetailNet Group – 2020 Retail Market Planning Guides
ASDA Launches Collection Point
Auchan’s Drive Adds “Fresh”
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