Speedread
Preparing for the new shape of retail

With countries around the world at different stages of the COVID-19 pandemic, brands are re-evaluating their retail strategies to meet the new needs of customers, in turn shaping a new retail landscape.

Brands are beginning to re-open their physical stores with new, stringent safety measures in place to protect customers. Brands are also diversifying their product offering, and developing new ways to shift unsold stock, creating new retail concepts. McDonald’s has unveiled a new restaurant prototype, Next is creating standalone beauty stores and Alibaba launches a new luxury shopping platform to sell excess luxury stock.

Retail

McDonald’s has unveiled its prototype for dine-in

Fashion stores are re-opening without the fitting rooms

Ulta Beauty is tapping into curbside pick-up

Alibaba has launched a new shopping platform to sell luxury stock

ASOS has rolled out its “See My Fit” AR feature, to improve its ecommerce experience

Morrisons is fulfilling same-day deliveries using Prime Now

UK fashion retailer Next will launch five standalone beauty stores

In 2021, IKEA will launch its first small format store in Singapore

CVS is continuing plans to open its new health hub concept to 1,500 stores by the end of next year

The luxury sector is expecting to see a major decline in sales this year, up to 35%

Neiman Marcus files for bankruptcy

Nordstrom is closing 16 stores

 

Hospitality

Domestic tourism is boosting China’s economy

Germany has re-opened museums, galleries and gardens with implemented safety measures

A hotel in Yorkshire, UK has been converted into a care home

Radisson Hotel Group has launched a new cleanliness and disinfection programme

 

Campaigns

Beauty brands are using Tik Toks gifting campaign to increase reach and drive revenue

For the launch of Air Max 2090, Nike unveiled Air Max Cloud, an AR campaign

Snoop Dogg stars in Just Eat’s new campaign

 

Initiatives

Amazon and Alibaba are tackling COVID-19 ecommerce fraud together

Tribeca Enterprises has launched drive-in theatre experiences throughout the US

The Paris metro authority is using CCTV software to detect people not wearing face mask

 

Here and helping

We are continuing to work with and help our clients so please let us know if we can help you in any way.

With love, health and strength, Household

Image courtesy of Unsplash

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