As big conglomerates continue to take over both big cities and small towns, little mom and pop shops are closing their doors after decades of running the show; The Cornershop by Lucy Sparrow, a textile artist based in London, United Kingdom, brings attention to their inevitable demise. After wrapping up a successful Kickstarter campaign, it raised enough money to stock an abandoned London cornerstore with 2,000 fabric versions of its product.
From a pack of Wrigley’s gum to a porn magazine and a can of Heinz beans, The Cornershop by Lucy Sparrow will be open as a month-long installation in September of this year. Sparrow states, "It's sending a message of nostalgia about the decline of family run businesses and independent shops." Hopefully people will get the message.
Key Themes Behind This Trend
- Loss of Small Businesses
- The trend of conglomerates taking over small businesses can be a disruptive innovation opportunity for businesses that offer unique and personalized experiences to their customers.
- Textile Art Installations
- The trend of using textile art installations can be a disruptive innovation opportunity for businesses to provide customers with immersive and interactive experiences.
- Crowdfunding of Art Projects
- The trend of crowdfunding art projects can be a disruptive innovation opportunity for artists who want to fund their creations independently.
Where This Applies
- Retail
- The decline of small businesses in retail can be a disruptive innovation opportunity for niche retailers that focus on specialty goods.
- Art
- Textile art installations offer a disruptive innovation opportunity for artists to create unique and immersive experiences for their audiences.
- Crowdfunding
- Crowdfunding can be a disruptive innovation opportunity for creators of all industries who want to fund their projects independently and outside of traditional funding channels.
