Future Retail Newsletter #109

Consumer’s shifting mindset during COVID-19, brands are slowly reopening stores, and the new normal for retail.

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glossy.co RETAIL // How Fashion Brands Plan To Slowly Reopen Stores As states start to slowly roll back stay-at-home restrictions, retailers need to think about how to open safely and avoid sending retail back into closure in the near future. Read More mckinsey.com RETAIL // Reimagining Stores For Retail’s Next Normal Unless apparel and specialty retailers redefine the role of the store and reimagine store operations, they will be ill-prepared for the future. Read More sourcingjournal.com RETAIL // How to Shorten The Timeline To Get Stores Back In Business Retailers hoping to reopen stores when restrictions are lifted should consider offering shopping appointments to give consumers confidence. Read More consulting.us RETAIL // Pandemic To Depress Global Retail Sales By $2.1 Trillion Global retail sales are expected to drop by $2.1 trillion in 2020, according to a recent forecast from research and consulting firm Forrester. Read More retailcustomerexperience.com CONSUMER INSIGHTS // How The Consumer Mindset Is Shifting During COVID-19 With that shift has come new “rules of engagement” for retailers. Here are a few of the trends that have emerged over the last few weeks and are likely to remain long after stay-in-place orders are lifted. Read More mckinsey.com CONSUMER INSIGHTS // Global Surveys Of Consumer Sentiment During Coronavirus Consumer optimism varies by country depending on what stage each country is in the coronavirus contagion cycle. Read More core77.com DESIGN // Anti-Virus Design Changes for Elevators We’ll Probably See in the Near Future Yes on the filtration, UV and voice command; no on the facial recognition, please Read More jingdaily.com TRENDS // Beauty Trends in the Time of Social Distancing COVID-19 has brought on a host of unforeseeable challenges to the beauty industry. Yet, some of the latest trends have emerged as the lockdown continues. Read More retailgazette.co.uk BRAND HIGHLIGHT // Harrods To Offer Remote Personal Shopping Amid Lockdown Harrods is reportedly set to offer personal shopping for some of its “prized” customers as it draws up plans to begin reopening. Read More nytimes.com BRAND HIGHLIGHT // J. Crew Files for Bankruptcy In Virus’s First Big Retail Casualty It was struggling before the coronavirus pandemic, but J. Crew is unlikely to be the last retailer to fall. Read More outform.typeform.com OUTFORM // Newsletter Survey How are we doing? Please take a moment to provide your feedback on our Future Retail Newsletter. Read More outform.com OUTFORM // Get More Innovation News Check out previous editions of the Future Retail Newsletter for even more on tech, innovation, design, and retail. Read More