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Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Now the store is viewed as a flexible asset, capable of fulfilling a variety of needs: Distribution center supplying inventory to other locations Ecommerce fulfillment Amazon return hub Curbside pickup Private bubble/pod shopping location Retooled for more buying, less shopping Emphasis on health and safety, contactless shopping.

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More Private Label, Smaller Store Footprints: How COVID-19 Is Accelerating Existing Retail Trends

Retail TouchPoints

Growing E-Commerce Could Accelerate A Shift Toward Smaller Stores. The pandemic also may accelerate retailers’ embrace of smaller stores located closer to shoppers’ homes. Retail was already shrinking in terms of floorspace: total square footage dropped by 4.4%. store count increased from 244,000 to 270,000.

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Retail’s Future is Phygital

Retail TouchPoints

In its stores, only one sample of each clothing item is displayed, and consumers use QR codes in the app to request a specific size be sent to fitting rooms or to the counter for purchase. In fact, most consumers (61%) report that they consider their smartphone “very important” while shopping in stores.

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Retail Lessons From China: Innovation, Resilience And Recovery

Retail TouchPoints

Non-essential retailers around the world have been devastated by COVID-19, with many experiencing everything from store closures to unprecedented drops in sales. To fuel these predictions, and ‘predictions’ is the apt term considering it’s still early days in retail’s recovery, it is helpful to look to retail trends in China.

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Next Steps in Sustainable Apparel Retail: Consumer Communication and Carbon Offsets

Retail TouchPoints

For example, in December 2021, Fred Segal partnered with media tech holding company Subnation to develop Artcade, an experience launched at the retailer’s Los Angeles location on the Sunset Strip and within the metaverse. Artcade’s NFT gallery, including digital skins and virtual goods, were alluring components of this launch.

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20 Things You Need to Know about Chick-fil-A’s Success

Indigo 9 Digital

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. In 2019 Chick-fil-A opened its first international location in Toronto. It plans to open 25 locations in Canada by 2025. You can call yourself a franchisee, but you’re an operator.”

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From Clicks to Bricks: Expanding Brand Loyalty Through Physical Stores

Retail TouchPoints

Several years ago, a handful of direct-to-consumer (DTC) brands expanded into the physical retail space. Now, dozens of others have followed suit, making the leap from entirely digital to opening brick-and-mortar locations. An Emerging Retail Trend. Foster convenience. Consistency also is imperative.

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