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Analysis: Consumers and the new reality

Inside Retail

Globally, a different retail customer has emerged with new behaviours and decision-making criteria. In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. Erosion of trust.

Consumer 246
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India set to revamp its retail landscape with policy overhaul

Inside Retail

Kirana stores, the neighbourhood convenience shops, are a distinctive feature of India’s retail landscape. These small-scale retailers are deeply embedded in local communities, offering personalised service, credit facilities, and familiarity with consumers’ preferences. For instance, about 2.16

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What Rite Aid’s collapse reveals about the challenges of pharmacy retail

Inside Retail

Since filing for bankruptcy last week, pharmaceutical retail chain Rite Aid has received interim approval to access up to US$3.45 The fall of the pharmaceutical retail chain Rite Aid isn’t the only pharmaceutical retailer in the US that is facing financial challenges. These are the primary causes of its bankruptcy.”

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Making Your Store A Welcoming Space

Scrube

You have to be careful, however, about hitting shoppers or clients with a hard sell or your best products right when they enter, because it takes time for them to transition into a new space. How can you make this happen in your space? You can also call it your reception area, your lobby, or simply a welcoming zone. Slow it Down.

Space 52
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What retailers can learn from Starbucks’ accessible store design

Inside Retail

This month, the American coffee chain Starbucks opened the first store to be built using its Inclusive Spaces Framework at Union Market in Washington, DC. The framework aims to bring more inclusive innovation in physical and digital spaces while enabling Starbucks to scale accessible design across its store portfolio.

Design 130
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Why it’s good to be a mall operator in the Philippines right now

Inside Retail

The booming retail business Aside from the retail properties, SM Investments also has a separate retail arm consisting of about 3850 department stores, supermarkets, hypermarkets and specialty stores. Some of these naturally occupy space in SM Prime’s malls. million square metres of gross leasable area.

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Why a major rent reset didn’t occur following the Covid-19 pandemic

Inside Retail

For a while, it was looking like a meaningful downward rent reset at shopping centres was a real possibility. Why this hasn’t occurred The trouble is that leases turn over on a gradual basis, somewhere between 10-20 per cent of leases in a shopping centre every year, depending on the country and what kind of shopping centre it is.