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Economical Retail

Brick-and-mortar retail turns to cost-effective in-store practices

Implications - It's become increasingly difficult for brick-and-mortar retailers to compete with e-commerce in terms of cost-effectiveness and convenience. As a result, economical store features no longer focus on merely reducing costs, but also simultaneously augmenting experience. Spatial strategy will become instrumental in boosting value as the distinction between online and offline continues to blur.

Workshop Question - What is one aspect of your industry that creates a barrier for consumers and how can you alleviate that obstacle?
SCORE 5.7
Popularity
Activity
Freshness
Megatrends
Patterns
154,750 Total Clicks
Dec 15 - Dec 15
Warm
BusinessRetail
Featured Examples
Space-Saving Hardware Shops - This Lowe's Home Improvement Shop Location Strategically Uses Space
SCORE 6.7
Warm 2,738 Clicks Pub: Dec 17, 15
Space-Saving Hardware Shops
This Lowe's Home Improvement Shop Location Strategically Uses Space
A new home improvement shop for Lowe’s is set to open in Albany, marking a change in direction for the retailer. The store is made up of about 100,000 square feet, plus a 35,000 square foot... [More]
Camera Shop Galleries - This Leica Store in California Features Minimal Fixtures
SCORE 6.1
Warm 2,562 Clicks Pub: Dec 17, 15
Camera Shop Galleries
This Leica Store in California Features Minimal Fixtures
This Leica store in California designed by WZ Architecture was themed around technology, art and education, just like the brand’s culture. The San Francisco shop is situated inside a historic... [More]
Eco-Friendly Tech Shops - Panasonic's Ex-Store Has Its Own Sustainable Power Unit
SCORE 5.3
Warm 1,391 Clicks Pub: Dec 17, 15
Eco-Friendly Tech Shops
Panasonic's Ex-Store Has Its Own Sustainable Power Unit
In line with the rise of smart shops around the world, Panasonic introduced the “Experiential” Ex-Store to Japan. Aside from the product assortment inside, the store featured several... [More]
Intuitive Inventory Platforms - Microwarehouse Makes Physical Stores Better Than Online Outlets
SCORE 4.6
Average 624 Clicks Pub: Dec 17, 15
Intuitive Inventory Platforms
Microwarehouse Makes Physical Stores Better Than Online Outlets
Hointer’s OmniCart is a software application that makes it possible for consumers to easily shop using their mobile devices in-store and at home—within that application is an extension... [More]
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