As San Francisco’s downtown dynamics continue to shift, more retailers find maintaining success increasingly difficult. Nordstrom’s decision to close its Westfield Mall store indicates the broader challenges retailers face in urban areas nationwide. Consequently, how are changing work patterns and social issues disrupting traditional retail models? Read More on San Francisco Retail Exodus Continues
Early indications suggest luxury brands may be in for disappointment as we inch further into 2023, while businesses that favor the masses may do better. The global economy is struggling, and luxury brands that depend upon the expenditures of the affluent will share in their pain. Is more of the same or worse headed for luxury brands? Read More on Luxury Brands Face A Richcession
Luxury brands meet consumers wherever they are in the digital world, whether through mobile, marketplaces, social shopping or e-commerce. Personalized SMS marketing also helps form lasting, loyal relationships. Discover how luxury brands adapt to meet customers’ needs, creating loyal luxury customers across income brackets and expanding markets. Read More on One Thing Millennials are not killing? Luxury Brands
Artificial intelligence is revolutionizing marketing. New technologies, like machine learning and natural language processing, are already being used by retail businesses to develop content that closely resembles what a person would create. This shift is empowering organizations to develop more effective and efficient marketing strategies. Read More on How AI Advancements Transform Retail Marketing
While retail experts initially saw last year’s SPARC merger as a last gasp at reviving dying malls, Simon Properties Group’s recent acquisition of Jamestown suggests it recognizes this challenge — and might have a solution! Despite traditional malls’ struggles, SPG envisions a future of reimagined malls transformed into mixed-use lifestyle centers. Read More on Simon Properties Group Acquisition and the Future of Malls
As the retail world slowly emerges from its post-pandemic haze, it seems as if this year’s holiday shopping season is kicking off earlier than ever. Although the calendar hasn’t even reached Halloween, retailers are already putting their holiday merchandise out and targeting early shoppers with deals. Read More on No Retail Playbook for the Holiday Shopping Season Ahead
With many malls across the United States finally beginning to bounce back from the pandemic-prompted downturn, experts are wondering whether American malls have nine lives. Between economic challenges and changes in consumer behavior, experts are predicting how malls can reclaim their influence in the retail sector. Read More on Do Malls Have Nine Lives?
“We have all born witness to the best retailers and consumer brands of our generation that have followed one another over the cliff like optimistic, perhaps delusional, lemmings heading for a rumored seaside holiday.” – Kate Newlin
Discover how Newlin believes we can reimagine brands, the shopping experience and more during the retail revolution. Read More on Retail: Reimagined
Across the retail industry, holiday cheer is getting an early start this year. Walmart recently unveiled its top toy list and other big-box retailers are already selling Christmas trees and decor. But what’s driving this early push? Analysts believe inflation and supply chain concerns are to blame. Read More on Inflation’s Impact on the Holiday Shopping Season
Between evolving consumer expectations and ongoing technological innovation, the retail sector is quickly evolving. To help brands keep up, this blog post examines a few retail industry trends quickly shaping the industry’s future — and how brands can leverage the cloud to meet shifting demands. Read More on Evolving Trends in the Retail Sector