Future Retail Newsletter #111

Consumer sentiment is evolving, BOPIS is gaining more importance, and insights on what consumers are interested in right now.

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nytimes.com RETAIL // The Pandemic Helped Topple Two Retailers And So Did Private Equity At a time when J. Crew and Neiman Marcus needed to be investing money to adjust to changing shopping habits, enormous sums were going to their owners. Read More modernretail.co RETAIL // Stores are Building Tools For Shoppers That Know What They Want As stores re-open, the shoppers who are coming back are more likely to be on a mission. Many of the shoppers who are venturing out to the store are ones who are going to the store because they can’t find the product online. Read More chainstoreage.com TRENDS // Retailers See BOPIS As Gaining Importance Buying and returning online purchases in physical stores is becoming a routine retail offering. Read More mckinsey.com CONSUMER INSIGHTS // Consumer Sentiment Evolves As The Next “Normal” Approaches While countries around the world begin to reopen and pockets of spending return, consumers continue to feel the financial impact of the crisis. Read More retaildive.com TRENDS // After COVID-19, Is Curbside Delivery Here To Stay? The need for contactless fulfillment is spurring retailers of all sizes and categories to pursue new pickup options that could last. Read More webcache.googleusercontent.com RETAIL // DTC Brands Are Sitting Out The First Wave Of Store Re-Openings In Texas By and large, DTC startups are not rushing to open their doors in Texas, where retail stores are now allowed to re-open with 25% capacity. Read More fastcompany.com CONSUMER INSIGHTS // How COVID-19 Could Change Our Spending And Saving Habits Forever It remains to be seen if frugality will become cool, but the coronavirus quarantine is already altering consumer demands and expectations, according to an executive at a fintech firm. Read More thinkwithgoogle.com CONSUMER INSIGHTS // Changes In Consumer Behavior: Rising Retail Categories How has consumer behavior changed during this unprecedented time? Use this data interactive tool to get insight into what people are searching for right now. Read More 9to5mac.com BRAND HIGHLIGHT // Apple Details Its Approach To Safety In Retail Stores Apple’s SVP of Retail + People Deirdre O’Brien published a letter detailing the company’s approach to reopening its 510 retail stores in a safe and careful way. Read More retaildive.com BRAND HIGHLIGHT // Nike Aims Phones At The Sky In Search For Sneaker-Shaped AR Cloud Mobile users in Brazil can unlock exclusive content after using their phones to find an augmented reality cloud shaped like an Air Max sneaker. Read More mobilemarketer.com BRAND HIGHLIGHT // Asos Debuts AR Tool For Online Shoppers The retailer is digitally mapping products onto models to generate images that better showcase size, cut and fit as most stores remain closed. 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