Retailers offer special culinary events for their customers
Trend - Retail brands looking to engage with consumers on a more intimate level offer specialty dining options inside their stores. These shopping and dining opportunities allow brands to bond with their customers over food and drink, while simultaneously showcasing their own product lines.
Insight - Consumers are continuing to prioritize convenience in their lives due to how busy and how accustomed to seamlessness they have become. As a result, it's become more difficult for them to feel convinced that visiting a store in-person is worth their time unless an enriching experience is part of the experience.
Insight - Consumers are continuing to prioritize convenience in their lives due to how busy and how accustomed to seamlessness they have become. As a result, it's become more difficult for them to feel convinced that visiting a store in-person is worth their time unless an enriching experience is part of the experience.
Workshop Question - How can your brand create a new experience for your consumers by incorporating adjacent industries into your offering?
Trend Themes
1. In-store Dining Options - Retail brands are offering specialty dining options inside their stores to engage with consumers on a more intimate level.
2. Hybrid Retail Concepts - Businesses are finding new ways to engage their consumer base through creative and interactive hybrid retail experiences.
3. Productive Hybrid Retail Concepts - Companies are extending their coworking concept to other industries, creating spaces that offer both work areas and retail spaces.
Industry Implications
1. Retail Industry - Retail brands are constantly exploring new concepts to provide their consumers with an engaging and enriching shopping experience.
2. Food and Beverage Industry - Retail stores are increasingly incorporating food and beverage experiences into their stores to provide consumers with a complete and diverse experience.
3. Technology Industry - Companies are using technology in innovative ways to enhance the retail experience, such as coffee robots and fast networks for streaming video content.