The Changing World of Retail
One of the key advantages of e-commerce, this factor allows consumers to access a vast selection of products globally with a click of a button.
What is choice?
This type of store format allows customers to browse products in person but often requires them to complete their purchase online.
What is showrooming?
Planners can support resilient retail by allowing businesses to operate in different ways, such as integrating restaurants with apparel stores.
What is allowing more flexible uses?
The rise of online shopping has led to a reluctance among retailers to sign these traditional long-term leasing commitments.
What are seven- to ten-year lease agreements?
Some retailers enhance their in-store appeal by incorporating restaurants or cafés, using this strategy to increase foot traffic and customer engagement.
What is restaurant integration?
To help maintain vibrant shopping areas, planners should be cautious about spreading commercial zoning too widely, a concept known as this.
What is beware of spreading "retail everywhere"?
This temporary retail trend allows brands to test markets and introduce their products without committing to a long-term lease.
What are pop-up shops?
This adaptation strategy involves offering activities like entertainment, cooking demonstrations, and personalization to attract customers and immerse them in a brand.
What is experience-driven retail?
Encouraging features like sidewalks, seating, and bike shares in retail areas aligns with this planning principle that promotes pedestrian-friendly environments.
What is encouraging walkability and placemaking?
Retailers are increasingly shifting inventory fulfillment strategies by using these spaces, previously reserved for in-store stock, to ship e-commerce orders.
What are distribution hubs?
Large retailers sometimes lease part of their store space to specialty retailers, creating this type of retail arrangement that reduces costs and diversifies product offerings.
What is on-site and in-store co-tenancy (or a store-within-a-store)?
To support retail sustainability, planners should discourage large, customized retail spaces and instead favor spaces that can be easily adapted for new tenants.
What is keeping retail building spaces flexible?
This phenomenon describes the growing trend of retailers using physical storefronts primarily for brand exposure rather than direct sales.
What is the "billboard effect"?
As shopping habits shift, smaller discount stores and convenience shops are leveraging their prime locations and partnerships with delivery services to provide quick access to daily essentials.
What is convenience everlasting?
Some cities, like San Francisco, have implemented this type of policy to limit chain stores and promote independent businesses in certain neighborhoods.
What is a formula retail ordinance?