The challenges and triumphs in the ever-changing world of traditional retail have recently been re-analyzed can be found – for the seventh year in a row – via the annual PwC consumer insights survey. Conducted in late 2017, the most recent survey represents more than 22,000 respondents in 27 territories. It paints a vivid picture of retail patrons and their various shopping habits across a variety of ages, genders and geographical locations.
It’s no secret that as the world of digital and social media continues to evolve, so do the expectations and values of consumers. In particular, today’s fashion and beauty shoppers expect far more than a quality product, and are increasingly likely to purchase products associated with brands and campaigns that are inclusive, diverse and authentic. With this in mind, more and more companies are turning to their very own employees as models and spokespersons, and in turn creating a more authentic approach to advertising.
For fashion enthusiasts in today’s modern world, Uniqlo is likely a familiar name. Founded in Japan in 1984, the quality yet affordable casual wear brand has become a top contender in the global fast fashion market. In a matter of 20 years, the brand has expanded to more than 1,300 stores across 15 countries in Asia, Europe and the U.S.
Real estate editor Al Urbanski of Chain Store Age recently reached out to Hap Stein, Regency's Chairman and CEO to ask him, along with a list of top real estate executives, “If you met a retailer at a cocktail party, and he or she asked you to name the single biggest challenge they’d face in brick-and-mortar in 2017, what would you say?”