As U.S. chain retailers absorb the lessons of the Great Recession, many big-box chains have started to shrink average store footprints to reflect the growing importance of multi-channel shopping, adapt to urban settings, and recognize the need to optimize portfolios.
Wal-Mart, Target, Best Buy, and the Gap, among others, all have small concepts in the works or are adapting existing ones. These smaller store formats should allow the retailers to maximize profitability and open more stores in closer proximity to each other.
Source: Retail Traffic
Related Stories
Retail Centers | Apr 2, 2019
Brick-and-mortar retail is not dead—here’s proof
We continually hear that “retail is dying,” but there are many foundational retail types essential to consumers—here’s a look at 3 of them.
Retail Centers | Mar 19, 2019
Porsche’s next-gen showroom prototype opens in Palm Springs, Ca.
The dealership is the first to showcase Porsche’s new design philosophy, ‘Destination Porsche.’
Retail Centers | Dec 3, 2018
Biotrack your shop
Sabrina Hilfer, a specialty retail designer, talks about the integration of biometrics in the retailscape.
Retail Centers | Nov 8, 2018
The Container Store moves into the next generation courtesy FRCH Design Worldwide
The next-gen prototype is located in Dallas, Texas.
Retail Centers | Oct 22, 2018
Stuck in the middle: What can save the average American mall?
Erich Dohrer doesn’t want to talk about the “dead mall” or the great mall success story—he wants to talk about design solutions for the ones that are just getting by.
Retail Centers | Oct 9, 2018
Kengo Kuma designs Taipei Starbucks from 29 shipping containers
The store will be part of a new shopping mall.
Retail Centers | Sep 27, 2018
Turkish bazaar takes the shape of the surrounding mountains
The project is designed by PDG Architects and ANTEPE.
Retail Centers | Sep 26, 2018
The future of travel retail
Kevin Horn and Shirley Cheng explore how a new generation of travelers is disrupting airport retail.
Retail Centers | Sep 20, 2018
BIG designs ‘restaurant village’ just outside of Copenhagen
The restaurant comprises 11 spaces, each with their own unique function.
Retail Centers | Sep 17, 2018
Iteration vs disruption: Designing for a great customer experience
One way to solve for the future is to disrupt the expected.