Nick ck A. Egel elanian anian
President:
Aug August 14 14, , 20 2018
Nick ck A. Egel elanian anian President: MALL AMAZON/ FAILURES - - PowerPoint PPT Presentation
August 14 Aug 14, , 20 2018 Nick ck A. Egel elanian anian President: MALL AMAZON/ FAILURES Whole Foods!!! RETAIL APOCALYPSE E-COMMERCE OUTLE LET EXPANSIO ION DECLINING DEPARTMENT STORE RESTAURANT FOOT TRAFFIC CLOSURES
Nick ck A. Egel elanian anian
President:
Aug August 14 14, , 20 2018
RETAIL in A Post-Department Era MAR 2017
DEPARTMENT STORE CLOSURES
MALL FAILURES AMAZON/ Whole Foods!!!
E-COMMERCE
ENTERTAINMENT RETAIL
RESTAURANT PROLIFERATION
OUTLE LET EXPANSIO ION
DECLINING FOOT TRAFFIC
FACTORY STORES IN FULL PRICE CENTERS
WEALTH GAP
RETAIL APOCALYPSE
RETAIL in A Post-Department Era MAR 2017
STRATEGIC RETAIL FRAMEWORK
RETAIL in A Post-Department Era MAR 2017
RETAIL EVOLUTION From Downtown Shopping
RETAIL in A Post-Department Era MAR 2017
To The Department Store Era And 3,000 American Regional Malls
RETAIL in A Post-Department Era MAR 2017
Department Store Deconstruction And “Big Box” Retail
RETAIL in A Post-Department Era MAR 2017
The Result: Market Share “Big Box” Retailers Vs. Department Stores
RETAIL in A Post-Department Era MAR 2017
Commodity Retailers Vs. Department Store Market Cap ($B)
RETAIL in A Post-Department Era MAR 2017
U.S. RETAIL ALIGNMENT
RETAIL in A Post-Department Era MAR 2017
21st Century Retail Alignment
Two SEPARATE Retail Industries
85% 15%
SPECIALTY RETAIL
PRIMARY HH INCOME AND PURCHASES DISCRETIONARY TIME AND PURCHASES
RETAIL in A Post-Department Era MAR 2017
Hig ighest price ice
Most convenient
lowest price ice
least convenient
DRUG stores grocery stores Discount Stores Category killers Warehouse stores Convenience stores
E-tail E-tail E-tail
COM OMMOD ODIT ITY RET ETAIL: IL: PR PRIC ICE/ E/ CON ONVENIE IENCE EQ EQUATIO ION
RETAIL in A Post-Department Era MAR 2017
EMOTIONAL ATTACHMENT DISCRETIONARY TIME DISCRETIONARY INCOME
Best-in-class shops Authentic textured places
SPE PECIA IALT LTY RET ETAIL: IL: EM EMOT OTIO IONAL CON ONNECTIO ION
PRODUCT PLACE
RETAIL in A Post-Department Era MAR 2017 TRADITIONAL MALLS OUTLET CENTERS THEMED CENTERS & ATTRACTIONS MIXED-USE & OPEN-AIR CENTERS HIGH STREETS
SPE PECIA IALT LTY R RET ETAIL IL FO FORMATS
RETAIL in A Post-Department Era MAR 2017
As of 3rd Quarter 2017 – 9.1%
RETAIL in A Post-Department Era MAR 2017
RET ETAIL IL SALE LES DIS ISTRIB IBUTIO ION ( ( Pa Part 3 3 )
20 2015 15 Pur Pure e –Pla Play onlin nline retail ailer sa sale les and and percent of f total al Pu Pure-Pl Play E-Commerce sa sale les s
Source: national retail federation top 100 retailers chart, 2015, euromonitorRETAIL in A Post-Department Era MAR 2017
RETAIL in A Post-Department Era MAR 2017
THE WAVE: OUR FINDINGS
CONVENTION CENTER, THE VIBE & THE ARTS DISTRICT
Nick ck A. Egel elanian anian
President: