Retail super stores are scaled down for intimacy and convenience
Implications - As consumers continue to frequent smaller stores, big box retailers and super store environments are implementing convenience-focused locations with a smaller selection of goods. This approach appeals to those who don't want to make shopping an occasion, decreasing choice in favor of curation. More importantly, it shows the versatility of such retailers, their desire to connect with consumers on a more intimate level, and oftentimes, creates an opportunity to spotlight in-house brands and new initiatives.
Workshop Question - How can your brand avoid overwhelming consumers with choice, in favor of offering them select, quality products and services?
1. Convenience-focused Stores - Retailers are downsizing and offering a smaller but curated selection of goods to appeal to customers who prefer convenience over choice.
2. In-store Food Offerings - Stores are exploring opportunities for offering fresh produce and prepared food options for on-the-go activities to cater to urban customers who prefer quick and budget-friendly options.
3. Self-service and Automated Technology in Stores - Stores are introducing completely staff-less experiences and self-serve pick-up stations for online orders, showing the potential for convenient online experiences to be translated into brick-and-mortar spaces.
1. Retail - Retailers can explore scaling down and curating their selection of goods to appeal to customers who prefer convenience over choice.
2. Food and Beverage - Companies can explore opportunities for offering fresh produce and prepared food options for on-the-go activities to cater to urban customers who prefer quick and budget-friendly options.
3. Technology - Companies can develop and implement self-service and automated technology in stores to improve the shopping experience for customers and increase operational efficiency.