Shopography Sep 16, 2016 community retail brick-and-mortar malls shopping ... In the evolving retail ecosystem, young consumers are seeking out shopping formats and experiences that are local, personal, and relevant to their lifestyles.As the retail landscape has evolved, department stores, high streets, and malls find themselves facing competition from unexpected quadrants. As the experience of shopping has grown to be as important as the acquisition of products, young consumers are disrupting shopping (see What’s In Store). Likewise, young people are looking to ...
Mind the Store Jun 15, 2015 health & wellness retail brick-and-mortar malls shopping ... , fitness-focused malls, and stress-free service. In the aftermath of the recession, as foot traffic in stores declined and brick-and-mortar shops faced increased competition from online retailers, many brands began to realize that luring young consumers through their doors would require nontraditional tactics. They hired in-store DJs, hosted cocktail parties, and filled the air with pervasive scents in order to create an energetic atmosphere that countered the country’s gloomy economic vibe. But now ...
Fauxsumerism Mar 03, 2014 fashion & beauty retail brick-and-mortar e-commerce malls shopping Fauxsumerism ... For today’s young consumers, shopping is as much about product discovery as it is about making an actual purchase.The act of shopping used to have a fairly narrow definition. It was contained within specific locations, like malls and shopping strips, and restricted to business hours. With the advent of the Web and then mobile tech, these parameters have of course dissolved—and, as a result, the very definition of what it means to “shop” has expanded. Today’s young consumers are less likely to ...
It's A Mall World After All Jun 23, 2019 ... While traditional malls are faltering, department stores and shopping complexes that reimagine the retail experience have a unique opportunity to appeal to modern youth. In recent years, the narrative of the "ghost mall" has dominated retail coverage. And it's not without merit: more than 7,000 stores closed in the first five months of 2019 alone, many of which were located inside malls. But that's only part of the story. Many of these malls operated under an outdated rubric: a conveyor belt of ...
Gen Z Global Trends Jun 13, 2017 gen z global ... youth’s love of the arts there and even tap into the country’s creative talent pool in the future. - PHILIPPINES: MALL MANIA - Mall culture is alive and well with Zs in the Philippines. While the decline of malls in the West has been widely publicized, malls in Manila are far from passé—they are the city itself. The capital city, the most densely populated in the world, is home to 16 “supermalls,” as well as smaller “community malls” and “lifestyle malls,” which serve as youth’s primary platform ...
Culture Spotlight On China Jun 19, 2018 ... Yuepeng and 22-year-old Zeng Xuening. Mall Overhaul: Malls Are Becoming Art-Focused DestinationsThe K11 Art Foundation, founded by Adrian Cheng, is on a mission to create a contemporary Chinese culture. The foundation has two locations, in Hong Kong and Shanghai, with open exhibition spaces and a residency program for Chinese artists and artists from abroad. The exhibition spaces can be found in K11’s art malls, place of art, culture, and retail offerings. Cheng’s vision ...
Culture Spotlight On India Jun 12, 2018 ... ;Global Desi leading the way. For instance, BIBA not only offers formal and festive wear, but also casual Indian garments in standalone stores. Ethnic wear brands are inching their way into malls that predominantly feature Western brands, although ethnic wear stores tend to be grouped together in malls for easy access. There's even a rise in Indo-Western wear, a fusion style that pays tribute to ethnic styles. Likewise, young Indians are seeking mix-and-match styles; they don't always want to ...
Home & Away Retail Trends Dec 05, 2018 ... increasingly inhabit these environments. Airports are becoming the new malls for global young consumers who are looking to kill time and/or fulfill their purchasing needs there, and who are often unwilling to visit an actual mall, evinced by this year’s second quarter mall vacancy rate of 8.6%. Closer to home, retailers are entering co-working spaces in a move that reflects young people's tendency to merge work and play. Rather than requiring shoppers to go out of their way to stores in/near their city ...
Culture Spotlight On Japan Jun 08, 2018 ... Céline, Balenciaga, and Gucci, and older shoppers are focusing on Chanel and Hermès. Luxury shoppers in Japan don’t only care about the quality of the product but also about the overall experience of shopping. In-store shopping is much more common than luxury e-commerce. Experiential shopping has also gained popularity, and malls like Ginza Six in Tokyo and Doton in Osaka provide entertainment, art, and an experience beyond luxury shopping. Tourism plays a large role in the luxury ...
Retail 2.0: A.I., AR & VR Jun 20, 2019 ... on a VR headset that provides an immersive experience about the region in Mongolia where the cashmere is sourced and the people who made it.AmazonTo celebrate Prime Day last year, Amazon debuted 10 VR kiosks in malls across India. These experiences transported viewers to a city filled with Prime Day products, like home goods, toys, and clothes. Using an Oculus Rift headset and Oculus Touch controllers, customers could pick up any 3D product and examine it from all angles, even putting clothing ...
