Coach is Shrinking to Grow

Every day now, there seems to be news of some long-revered retailers’ protracted decline. And yes, we get it—those type of headlines drive more eyeballs. 

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Topics: retail stores, coach, accessories

Apple Embraces the Store of the Future

If you’re a regular reader of the Celect blog, you know we’ve championed the idea of retailer’s embracing a “store of future” concept for some time now. In just the past few months, we’ve covered Staples’ attempt to reinvent itself as a shared working space for Millennials, Adidas’ effort  to increase foot traffic by way of 3D printing sweaters, and lululemon’s foray into community building.  And while we don’t want to harp on the subject (you get it, stores of the future are, well, the future), news out of Cupertino can’t go unmentioned.

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Topics: in-store assortment, concept stores, retail stores

Can Millennials Save Staples and H&M?

On the surface, Staples and H&M have little in common. The former is an office-supply store that is a “longtime favorite of cubicle jockeys and back-to-school shoppers,” and the latter is a fast-fashion, mall staple specializing in selling near-disposable clothes to people that would generally describe as anything but “cubicle jockeys.” Despite the differences, reports indicate both companies are suffering from the same decreasing sales and dwindling in-store foot traffic.

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Topics: customer experience, in-store assortment, retail stores

3 Things You Might Not Know About Consumers in 2017

A few days ago, The Atlantic ran an article entitled “What in the World Is Causing the Retail Meltdown of 2017” in which journalist Derek Thompson laid out the reasons why so many brick-and-mortar stores are suddenly closing up shop.

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Topics: customer experience, retail trends, retail stores

Your Stores Might Need an Overhaul

It’s no secret things have been tough out there for brick-and-mortar retailers of late. But lost in all the juicy coverage of closings, shut-downs, and “going out of business” sales is the fact that plenty of traditional brick-and-mortar retailers are doing just fine.

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Topics: assortment optimization, in-store assortment, concept stores

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