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Strategy Briefing

New Concepts in Retailing: Non-Grocery Channels

15 pages, Feb 2018

US$1,325

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About This Report

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Non-grocery retailers are having to add much more to their offer to remain competitive in a retail market that increasingly dances to the tune of online shopping. Few of these players have the protection of convenience/emergency positioning or fresh food that grocery players enjoy, and as a result are developing creative new concepts to engage, entertain and hang onto potential new consumers.

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Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Non-impulse retailers respond to online threat by adding value

Sellers of non-impulse aligned products, in particular electronics and appliance specialists and apparel retailers, have suffered more than most from the boom in online retail. Few of the products they sell (and in particular the big ticket items that build margins) are impulse purchases. Consumers are increasingly more likely to go to one of these outlets to examine a potential purchase, then go home and buy it online after comparing prices across a wide range of retailers. In response, these specialists are looking to add value to the physical transaction with service innovation.

Updating the department store

Department stores have become something of a dinosaur in non-grocery. Squeezed for years between low price variety stores such as Target and the emergence of focused speciality stores, the channel is losing sales to online sellers and seeing younger consumers in particular explore new retail formats such as pop-up stores or brand flagship stores, that in their scale and location frequently mimic department stores. This is leading to the evolution of concepts in the channel that add an experiential dimension to the offer, with operators seeking to devise creative new ways of making department stores a destination again. The size of these outlets often means they can attempt the spectacular, and the evolution of “retailtainment” is possibly at its most heightened in these stores.

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Introduction

Scope

Key findings

New Ideas for Non-Impulse

Responses to online threat from non-impulse players

Example: Gémo (France)

Example: Sancta Domenica (Bosnia-Herzegovina)

Example: Topo Centras (Lithuania)

Differentiation key to fight back against online sellers

Department Store Playgrounds

“Retailtainment” and spectacle to attract shoppers into stores

Example: Lotte (South Korea)

Example: Boyner’s WEPUBLIC (Turkey)

Entertainment and digital integration as attraction points

Why buy this report?

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Euromonitor International

Euromonitor International

Megatrends

Strategy Briefing

New Concepts in Retailing: Non-Grocery Channels

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

Non-impulse retailers respond to online threat by adding value

Updating the department store

Want to find out more about this report?

Table of Contents

Introduction

Scope

Key findings

New Ideas for Non-Impulse

Responses to online threat from non-impulse players

Example: Gémo (France)

Example: Sancta Domenica (Bosnia-Herzegovina)

Example: Topo Centras (Lithuania)

Differentiation key to fight back against online sellers

Department Store Playgrounds

“Retailtainment” and spectacle to attract shoppers into stores

Example: Lotte (South Korea)

Example: Boyner’s WEPUBLIC (Turkey)

Entertainment and digital integration as attraction points

Why buy this report?

Want to find out more about this report?

Recently Viewed

Recently Viewed

Megatrends

Strategy Briefing

New Concepts in Retailing: Non-Grocery Channels

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

Non-impulse retailers respond to online threat by adding value

Updating the department store

Want to find out more about this report?

Table of Contents

Introduction

Scope

Key findings

New Ideas for Non-Impulse

Responses to online threat from non-impulse players

Example: Gémo (France)

Example: Sancta Domenica (Bosnia-Herzegovina)

Example: Topo Centras (Lithuania)

Differentiation key to fight back against online sellers

Department Store Playgrounds

“Retailtainment” and spectacle to attract shoppers into stores

Example: Lotte (South Korea)

Example: Boyner’s WEPUBLIC (Turkey)

Entertainment and digital integration as attraction points

Why buy this report?

Want to find out more about this report?

Recently Viewed

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