INSIGHTS, CREATIVITY & TECHNOLOGY
94% of U.S. consumers admit to making impulsive purchases as part of “Little Treat Culture”, the beauty and personal care vending machine industry is set to be worth close to $100 million dollars this year, and Victoria’s Secret recently featured a smart vending machine called PodDrop to give samples to customers.
Diesel’s new 1DR store gets wrapped in a textural crushed silver fabric, Swarovski has opened their first Optik Shop as a combination of park and museum, and Coachtopia marks the beginning of a new era defined by sustainability for Coach.
The new Barbie movie has got Selfridges in London turning pink, Harrods is preparing to unveil an exclusive club in Shanghai later this year, and Toys R Us and its mascot Geoffrey are going on tour across the US East Coast.
Gen Z are wanting to see a revival of malls for nostalgic and convenience reasons, more and more consumers are acknowledging sustainability as an important aspect of their shopping practices, and Sephora’s biggest beauty event of the year is returning this year in a hybrid format.
Tik Tok opened a brick and mortar location on Oxford Street in London, the 580,000 sq ft LED Sphere was unveiled in Las Vegas and Fender has opened its first ever retail store in Tokyo.
Fashion brand Loewe has opened a store dedicated to repairing and preserving leather goods, Gucci has unveiled a space combining traditional aesthetic and modern technology, and Crocs has launched a virtual store designed around the brand’s unique shoe charms.
Rivian is redesigning the EV shopping experience to be more casual and inviting, Laneige has launched its first immersive virtual store and pop-up stores continue to be a strong marketing strategy for brands and retailers.
IKEA is going to be training its customer support employees to delegate design questions to an AI bot named Billie, Bulgari’s newest property within their Hotels & Resorts Collection has 114 guest rooms and suites with a massive spa and a 65-foot pool, and to showcase Selena Gomez’s new Rare Beauty lip oil, Outform created a vibrant pop-up in Times Square.
Aldi is extending their digital handshake with the help of Instacart, Bed Bath & Beyond is selling its BuyBuy Baby chain, and technology like 3D billboards, spatial scent and ChatGPT are evolving retail at an unprecedented rate.
Petco has opened a one-stop destination for all things pet health and wellness in the Big Apple. More than 600 JCPenney Beauty stores have opened in the US that will offer more than 170 beauty brands. American luxury brand Coach has landed a store inside a retired Boeing 747 airplane.