Despite the unfriendly economy, the Walt Disney Company is planning to spend exorbitant amounts on turning its 340 Disney stores into places akin to amusement parks as well as opening new stores including a possible flagship location in Times Square.
In collaboaration with Steve Jobs and a retail team at Apple, Walt Disney is considering rebranding the Disney stores to ‘Imagination Park.’ The chain’s typical toy and apparel displays will give way to a hi-tech makeover that includes new recreational activities like theatres to watch film clips, sing karaoke, and chat live with Disney Channel stars.
According to The New York Times, the goal is to make children excited to visit and possibly stay longer, which could boost sales. Says Jim Fielding, the President of Disney Stores, "The world does not need another place to sell Disney merchandise—this only works if it’s an experience."
Retail Amusement Parks
Disney Stores Will be Getting a Funtastic Makeover
Trend Themes
1. Amusement Park Retail - Creating immersive retail experiences similar to amusement parks to enhance customer engagement and drive sales.
2. Hi-tech Store Makeovers - Transforming traditional retail spaces with technology-driven innovations to attract and entertain customers.
3. Interactive Customer Experiences - Introducing interactive and engaging activities within stores to provide unique experiences and increase customer satisfaction.
Industry Implications
1. Retail - Bringing immersive and interactive elements into retail spaces to revolutionize the shopping experience and increase customer loyalty.
2. Amusement Park - Expanding the concept of amusement parks into retail stores to create a unique destination for families to spend time together and shop.
3. Entertainment - Leveraging entertainment elements within retail environments to attract customers, boost sales, and strengthen brand loyalty.