Bringing digital into malls boosts physical sales, rather than kill them. Contrary to popular belief, the future of retail isn’t online. Neither, according to global mall operator Westfield’s Antony Ritch, is it in brick and mortar stores. Rather, he predicts the two sectors will merge into one indistinguishable whole. Ritch heads up Westfield Labs, the … More Westfield Labs wants to merge physical and digital shopping.
Train station retail has become about much more than grabbing a coffee to go. A wide variety of retailers are finding that snapping up units in city center terminals are a way to attract today’s time-poor, convenience-seeking shoppers. As more people move into or on the outskirts of urban areas, overground and underground trains are … More Train stations: From transport hubs to shopping destinations
The biggest story this holiday shopping season isn’t expected to be any specific toy or garment that’s flying off the shelves, but the way consumers are being recognized and how they’re finding the products they ultimately purchase when they shop inside physical stores. With holiday retail sales expected to increase just 1.8% this year, retailers … More How Retailers Are Personalizing the Shopping Experience This Holiday Season
When it comes to developing the new CBD2 in Kowloon East, Hong Kong’s government thinks it has a secret weapon to boost the area’s value for businesses: walkability. Since its establishment in 2012, the Energizing Kowloon East Office has coordinated a number of efforts to make the area more pedestrian-friendly. One of the drawings at the back … More Why Walkability Boosts the Property Market
It’s an unusually mild Saturday and the King of Prussia Mall is awash with shoppers seeking deals at traditional stores such as Neiman Marcus, Lord & Taylor and J. Crew. While those retailers are capturing a certain segment of consumers, a portion of the mall’s future may lie in the kiosks, carts and other pop-up … More Pop-up revolution: A $10B mall industry