
"America's largest retailers, including Walmart, Target and Dollar General, will spend at least $20 billion to remodel about 12,000 physical stores this decade. Retail leaders told the Times that the investment is necessary for today's shoppers. Customers expect clean, intuitive layouts and shelves that are consistently stocked, making it easy to grab what they need without hassle."
"For those browsing apparel or beauty products, the bar is even higher - they want curated, boutique-style displays, even in stores that also stock everyday items like detergent or gardening tools. Meeting shopper expectations can result in higher sales. Target told the Times that remodels tend to lift store sales by a few percentage points, usually in the low-to-mid single-digit range."
"Though online shopping has surged for years, it still represents just about 18% of total retail spending, based on U.S. Commerce Department data. The rest of retail spending comes from in-person shopping. Besides furthering profits, remodeling stores meets consumers at their point of need; in-person shopping remains popular, even as online alternatives gain traction."
"Well-designed stores also carry another advantage: they encourage people to shop online. "The in-store experience is still important for shaping the"
Online sales have grown but still represent about 18% of total retail spending, leaving most spending in physical stores. Major retailers plan to spend at least $20 billion this decade to remodel roughly 12,000 locations, including Walmart, Target, and Dollar General. The upgrades focus on clean, intuitive store layouts, consistently stocked shelves, and easier in-store shopping. For apparel and beauty, stores aim for curated, boutique-style displays even when carrying everyday items like detergent or gardening tools. Target reports remodels lift store sales by a few percentage points, typically in the low-to-mid single digits. Improved stores also help drive online shopping by strengthening the in-store experience.
#retail-remodeling #brick-and-mortar-strategy #in-store-experience #online-vs-offline-shopping #consumer-expectations
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