The Luxury Cruxx’s Post

Another sign of the changing retail landscape: middle tier retailers are facing tough times as consumers opt for discount and luxury brands. According to a recent article on Modern Retail, many of these retailers are struggling to adapt to this shift in consumer behavior. As consumers become more particular about their spending, it's becoming increasingly difficult for middle tier retailers to keep up. Check out the article to learn more about this trend and its impact on the retail industry. #retail #consumerbehavior #discountbrands #luxurybrands #shoppingtrends

Interesting article from Modern Retail. Retailers that appeal to either luxury or discount shoppers are doing well but those in between are struggling. How can you succeed if you are in the middle part of the market? Read more - https://buff.ly/3wlnKIf #retail #retailer #stores #consumerdemand

Interesting article from Modern Retail. Retailers that appeal to either luxury or discount shoppers are doing well but those in between are struggling. How can you succeed if you are in the middle part of the market? Read more - #retail #retailer #stores #consumerdemand

Ask five CEO’s about the future of retail and their answers will be as diverse as the responses in this article. The concept of retailtainment has been tossed around for quite sometime and I have mixed feelings about this. I didn’t see any retail entertainment except for a sneaker store where you could customize the sneaker with prints and your initials. Pop ups here and there mostly I saw people shopping and checking out. I just returned from Europe visiting Barcelona Nice Florence and Rome. What I did see what streamlined checkout with self check out the norm where you dump your clothing into the bin and remove the security tags yourself. There is still staff sparingly. I agree with the observation that flagship stores continue to be important versus c and d locations. Measuring the combined value of online and offline sales will dictate real estate negotiations. The importance of online social channels for shopping will continue to grow in importance as seen by the explosion of TikTok shop #retail #retailing #trends #retailpredictions

Is the traditional shopping mall experience losing its charm? Hold on a sec! According to a recent article by Business Insider, certain mall brands are getting ready for a major comeback in the next few years. In a world where e-commerce is all the rage, these brands are revamping their strategies to bring back the magic of in-person shopping. 💡 What do you think about this potential retail rebirth? https://lnkd.in/gaQEcudt #Retail #BusinessInsider #RetailBrands

What are the latest trends in retail we have seen in February?  A fusion of digital and in-store experiences, a celebration of communities with shared interests, and much more. It’s a month of feel-good changes that retailers are embracing and consumers are relishing… Read our full Global Retail Trends for February with Modern Retail below. #mood #moodmedia #trends2024 #av

Studies have consistently revealed that customers often follow an unconscious triangular pattern when navigating a store. This pattern typically involves entering from the front-right corner, moving towards the back of the store, and then veering left towards the exit. By strategically placing gondolas and displays to guide customers along this natural path, retailers can significantly increase browsing time and ultimately, boost sales. This tactic encourages customers to explore more of the store, encounter a wider range of products, and make impulse purchases. #retail #retailbiz #retailauction #retailproblems #retailworkers #retaillife #retailstores #stores #sales www.yrs.ae

By 2035, Gen Z are going to be making up 40% of all luxury #retail purchases. What does this mean to the #retail industry? It means the future of retail is going to lean heavily on the #circulareconomy. How can retailers plan for the future? #cx

Location, location, location! Location data and analytics are becoming more important as retailers have more choices where to open new retail stores. https://lnkd.in/gEwMjqQa #retail #retailstrategy #retaildata

By 2035, Gen Z are going to be making up 40% of all luxury #retail purchases. What does this mean to the #retail industry? It means the future of retail is going to lean heavily on the #circulareconomy. How can retailers plan for the future? #cx