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While COVID-19 has accelerated the adoption of many new shopping behaviors and expectations, there is another trend that the pandemic has pushed forward: interest in the outdoors. Participation in outdoor activities increased by nearly 25 million people over the past decade, and nearly half that number visited the U.S.’s
So even though shoppers spent plenty of time outdoors, their overall habits still reflect the way they spent most of 2020. In the case of footwear, shoppers interested in updating their shoes are clearly planning on going outside more often. It’s indicative of what we’re seeing culturally right now,” said Wasserman.
The future of retail isnt about nostalgia or forcing the past to return; its about evolution. Converting them into community plazas, garden spaces or outdoor event areas encourages gathering and extends visitor dwell time. But this isnt a death sentence, its an opportunity. Parking lots can become public spaces.
We have fundamentally restructured our business to drive sustainable and profitable growth, while providing a strong return to shareholders. Kohl’s plans to enhance its data science capabilities in an effort to engage with customers more efficiently and provide greater relevance.
Kontoor Brands, the apparel company behind Wrangler and Lee, is to acquire Canadian outdoor workwear brand Helly Hansen from Canadian Tire Corporation. Founded in Norway in 1877, Helly Hansen is known for its outdoor apparel and clothing innovations, including the first fleece fabrics in the 1960s and the H2Flow temperature regulation system.
Following a March 2022 announcement that it planned to expand beyond its roots in electronics, Best Buy is entering new categories including health and wellness, outdoor living and transportation. In November 2021, Best Buy acquired outdoor furniture brand Yardbird.
Third-party marketplaces have emerged as one of the biggest growth opportunities for retailers this year, with companies from Macy’s and Bed Bath & Beyond to Giant Food and Michaels launching marketplaces (or announcing plans to do so) in the last six months alone. And then, what is the customer gap that you’re closing?
As more people are getting vaccinated and returning to life outside their homes, many businesses are still accommodating COVID-19 precautions such as social distancing and reduced occupancy levels that will likely be around for some time to come. These planning efforts keep in mind that some work cultures may be forever changed.
From switching its focus on hardcore sporting adventures to inspiring joy in the great outdoors, Kathmandu is changing things up as it primes itself for global ambitions. We’re about being more inclusive and making the outdoors more accessible to everybody. Inside Retail: Let’s discuss Kathmandu’s global transformation.
The new fashion retail precinct is part of the last stage of Westfield Knox’s $355 million redevelopment plan. The plan also includes a relocated food court, which would house Mad Mex, KFC, Chatime, Roll’d, Soul Origin, Subway, A+HK Café, Bonbons Bakery, New Era Dumplings, Sandwich Hut, Royal Donuts, and Yiros & Potato Hut.
Additionally, Liquidity Services , which operates a B2B ecommerce marketplace for surplus business and government goods, has launched a new consumer-facing omnichannel marketplace called AllSurplus Deals for returned and overstock goods. The auction-based website is now available to consumers in Arizona. .”
But following a major executive overhaul earlier this year that included the installation of Marcus Lemonis as Executive Chairman, the company quickly rejiggered its plans. While Beyond initially said it would bring back Overstock by September of this year, that plan was accelerated, culminating in an initial, bare-bones relaunch in March.
Investors are returning to the market with growing volumes, particularly in Southeast Europe and the UK, adopting an opportunistic strategy centred around winning concepts. Looking ahead, the 5-10 year perspective outlines a commercial landscape where only the most high-performing retail spaces will survive.
The disruption caused by COVID-19 has led to a re-appreciation of relatively compact, walkable neighborhoods, with a mix of uses and opportunities to interact with people outdoors. We also want to keep our open streets and outdoor seating and continue to ride our bikes and exercise outdoors. Bloomberg , 2020).
That’s why retailers of all sizes and sectors are adopting outdoor digital display technology that can not only locate their curbside pickup zones, but also notify customers and guide them through the process. Outdoor Technology Options. These sorts of hacks deliver the wrong message about the store and the brand.
As the pandemic fades and the thermometer climbs, more and more people want to get out and find an escape from the pressures of inflation — and outdoor spaces are positioned to provide great, flexible experiences that can fill the bill.
All money raised will go directly to Women for Women International; An outdoor furniture fair ; and A reimagined Stock Market in the Corner Shop from May 15 to June 4, 2023, where items can be valued, traded, repaired or upcycled.
The company’s retail revenue rose 52% , with strong in-store sales offsetting an 18% decline in digital sales as shoppers returned to brick-and-mortar. Wholesale revenue soared 157% despite the company’s plans to exit between 2,000 and 3,000 wholesale partnerships.
As you develop your plans for 2023, consider these recommendations, based on the 2022 survey findings: Diversify Your Marketing Mix . But make no mistake, the return to “traditional” media by no means has to be boring. Limited product drops can provide brands with a great view into demand and help them adapt their future plans.
The National Bureau of Economic Research warns that the recovery may be L-shaped , which would be terrible because it means we’ll be in a severe recession for a very long time and may never fully return to the sustained growth we’ve become accustomed to. . Many employers say they still plan to bring their employees back to work.
134% more likely to anticipate making a garden or outdoor purchase. They’re more likely than the average consumer to indicate they’re shopping for outdoor furniture, mattresses, kitchen appliances, bed and bath goods and garden items. They are 116% more likely to buy online and return in store.
Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. comparable sales growth during the quarter thanks to shoppers returning to the outdoors — well above the 0.2% Foot Locker Benefits From Shoppers Seeking to Stay Local During the Summer. Foot Locker managed solid 6.9%
Put the power into shoppers’ hands Giving customers the ability to plan ahead and have control and choice over delivery preferences such as speed, the authority to leave an item somewhere outdoors or offering out-of-home collection puts the power back into the consumer’s hands and ensures a convenient experience.
There is definitely a need to return to the physical experience.”. Zaccariello saw opportunities to bring communities together as they emerged from lockdowns, whether that was in-store or outdoors. “We In Shanghai, the brand encountered challenges because indoor events were restricted at holiday planning time.
Defined as data customers are willing to give to brands/retailers in return for discounts via a loyalty/rewards program or email, zero-party data is an oft-overlooked form of data collection thanks to its simplicity, but is now having a moment that will likely turn it into a permanent fixture in retail marketer’s toolkit.
For example, a sporting goods retailer can use their RMN to target outdoor enthusiasts on travel blogs and adventure websites with ads for hiking gear and camping equipment. These rooms will allow brands to access valuable insights for campaign planning and measurement while adhering to strict data privacy regulations.
While the overall store concept was planned long before COVID-19, the retailer did add virtual appointments in light of the pandemic, for those who do not yet feel comfortable coming to a physical space. with an option to return them back to the store or purchase from there. Adapting the Experience to Pandemic Shopping.
They have additional features like sitting areas, artwork, music, free samples and more that distinguish them from competitors and make shopping in-store fun — even if you aren’t planning to buy anything. One way to mimic this experience online? Providing content that makes your digital experience a destination for casual shoppers.
Foot traffic is down in CBDs and shopping centres as consumers return to working from home. Since we reopened in mid-October, it [had been] buzzing – lots of excitement, lots of people enjoying being outdoors. At some stage, we do need to return to normal, and we must live through the impacts, so we can get to the other side.
Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin. We have a really healthy returning customer rate that’s increasing. We think because it’s an outdoor sport that you do six feet apart from people, [that it has] kind of built-in social distancing.”.
As consumers return to physical stores in the post-pandemic era, delivering a great in-store experience has become more critical than ever, says a leading retail technology expert. The return to bricks-and-mortar retailing is fuelling a rebound in network expansion by many major brands worldwide. It’s all about experiences now.”
Despite this good news, many executives at shopping malls and “destination centers” wonder just how much of this returning traffic will find its way to their venues. As developers and landlords set their plans for 2022 and beyond, both the tenant mix and the visitor experience will continue to come into focus.
It means retail sales have now increased for the past three months as life begins to return to normal. Despite shoppers returning to stores again, the ONS said it had seen long-term trends emerge from the pandemic that look set to stay. The easing of travel restrictions also saw a spike in fuel sales, with petrol stations seeing a 69.4%
The new outdoor dining experience at QV shopping centre is serving up French champagne, cocktails, and food all summer long. It’s all part of the shopping centre’s plan to lure shoppers, office workers, and uni students back to the CBD for peak season. The launch of QV Club has brought a taste of la dolce vita to Melbourne.
We look forward to footfall in the malls returning to pre-pandemic levels, and are excited to welcome shoppers to Pavilion Bukit Jalil, which opens at the end of the year. Unique to this mall will be the planned Asian-themed precincts offering retail, food, arts and culture from Japan, Thailand, China, Korea and Malaysia.
Investors cautious about growing pains Amer Sports’ stock market debut signals that it has no plans of slowing down and is in fact looking to accelerate its growth. Despite Salomon and Arc’teryx being primarily outdoor-performance brands, the fashion industry has welcomed them with open arms as serious apparel designers.
The importance of people counting extends beyond the confines of indoor physical spaces, reaching into the great outdoors as well. Open spaces such as parks, gardens, and outdoor events often have a critical need for people counters – a need that is every bit as crucial as that of indoor retailers, if not more so.
The importance of people counting extends beyond the confines of indoor physical spaces, reaching into the great outdoors as well. Open spaces such as parks, gardens, and outdoor events often have a critical need for people counters – a need that is every bit as crucial as that of indoor retailers, if not more so.
Regardless of which side you land on, post-COVID-19 retail environments must return to a focus on entertainment, discovery and brand building, instead of thinking from a purely transactional standpoint. People still need to drive longer distances to them, and they plan their day around the excitement of getting great deals on top-shelf items.
When it comes to making decisions in purchasing outdoor people counters, businesses must undertake thorough research to ensure the best decision aligns with their unique needs and interests. In such instances, the waterproof quality of your outdoor people counter sensor becomes essential.
With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions.
Following a significant investment in the city’s local economy, the new store is part of the retailer’s plans to invest c. As part of Bullring & Grand Central’s Christmas activations, the iconic Coca-Cola truck has returned to the destination for the first time in seven years as part of a UK-wide tour in December.
Remaining school pupils will return to face-to-face teaching in Wales and Northern Ireland, moves being echoed in Scotland as pupils return from their Easter breaks. The “stay at home” order in Northern Ireland will also end as the number of people permitted to meet outdoors rises from six to 10. (PA PA Graphics). PA Graphics).
Lesson 1: Network Analytics Can Streamline Operations The NFL uses advanced WiFi analytics to gain insights into fan activity — cashless payments for beer, posting on social media or queueing for the restrooms — that enables them to better understand at a granular level their data usage and plan for other underlying networks.
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