We’ve rounded up 7 trends and stories that you might find interesting.
In the fast-paced world of retail, things are constantly changing. From surprising trends to groundbreaking innovations, the industry keeps us on our toes.
We’ve rounded up seven kinda-cool retail stories and trends. Hold onto your shopping carts, folks, because this list will leave you scratching your head and saying “wait, what?”
#1 – Hong Kong’s $900,000 a Month Retail Lease Is Biggest Since Covid Ended
“A mall in Hong Kong’s premier shopping district of Tsim Sha Tsui rented three floors to a dining and entertainment group for almost $900,000 a month, the biggest lease by size and value since the pandemic ended, according to a report.”
#2 – Retail Theft is a Big Problem. But Who’s Stealing May Shock You
“But here’s what retailers and the broader industry are not really talking about: a lot of the theft comes from within. While outside groups and individuals are certainly culprits, employee dishonesty and misconduct has also been a growing problem since the pandemic.”
#3 – Retailers are gamifying shopping with virtual storefronts to boost engagement, loyalty
““We see actually a 10-times-higher add-to-cart rate if people engage and complete the game. So typically now in all of our virtual stores there’s some element of gamification, and it’s very kind of naturally embedded into the flow of the store,” said Singh.
“The more interesting you can make the experience and keep people engaged and give them content and give them games, the more they shop,” she said.”
#4 – Ringo Star positions sex toys in athletic-themed room at contact sports…AND 6a Architects brings SOHO sex shop windows to JW Anderson Milan flagship store…
“Brooklyn-based Ringo Studio has reimagined the experience of shopping for sex toys, creating a store in New York modelled on a collegiate locker room.
The Contact Sports shop on Mercer Street in Soho is designed to feel very different to the typical spaces in which products for sex are purchased.”
AND
“British fashion brand JW Anderson has opened a flagship store in Milan that was designed by British studio 6a Architects and draws on the local atmosphere as well as Soho sex shops.”
So we have to ask…are Soho sex shops the new muse for retail environment designers?
#5 – Circana’s 2022 New Product Pacesetters Report Reveals that a Commitment to Innovation Drives CPG Sales
“New product innovations that provide uplifting at-home experiences help alleviate the strain of inflation. Delivering an in-home party experience offers consumers a convenient way to enjoy favourites.”
#6 – Why stores—like one permanent pop-up—should be designed more like Lego sets
““Store design has to have a significant level of agility and modularity built into it,” she said, “so that that brand or retailer is well equipped to evolve.””
If you’re looking for a few more stories, here are a few of our recent #shorts: If you’d like some help with a retail display or fixture, contact us for a quote.
