Retail has a long history of adapting to changing economic conditions, though profound industry change has never come as quickly as in the past dozen years, as the Great Recession, the rise of Amazon and now the COVID-19 pandemic have rocked physical stores, forcing shopping centers and tenants into a rapid succession of adjustments.Out of… Continue reading As Amazon grew, retail focused on food. What will happen after Coronavirus?
Category: In Depth
Pet Care Facilities Leave Tails Wagging
A few decades ago when your family left for vacation or you traveled for work, you may have called in a favor with a friend to watch your dog while you were away or booked a stay at a very basic kennel. And those 10-hour workdays? Perhaps you’d leave the TV on to keep your… Continue reading Pet Care Facilities Leave Tails Wagging
The Outdoor Segment Brings Fresh Attitude to Retail
No matter how easy and innovative online shopping becomes, it can never replace the tactile experience of shopping in person. And when looking for a perfectly balanced fishing pole, the right amount of legroom in a kayak, or the just-right weight of a base layer jacket, nothing beats trying it yourself. Outdoor enthusiasts are spending… Continue reading The Outdoor Segment Brings Fresh Attitude to Retail
Earth Fare Prepping to Reopen at Least 7 Stores by Summer
After filing for bankruptcy and closing all 50 stores in February, the health food store Earth Fare is planning a comeback.In early February, the specialty organic grocery store Earth Fare filed for Chapter 11 bankruptcy protection. Within two months, the chain closed all 50 branches, laid off 3,000 staff members, sold 10 locations to larger… Continue reading Earth Fare Prepping to Reopen at Least 7 Stores by Summer
Can luxury brands help save physical retail?
Luxury retail has been a haute ticket of late. In fact, strong growth in the high-margin luxury segment has been sustenance for the industry during the so-called “retail apocalypse.” In 2019, luxury rose above other non-commodity, non-discount retail, growing 4% year-over-year to about $309 billion, according to a Bain & Co. Luxury Study. Luxury customers… Continue reading Can luxury brands help save physical retail?