By Suzanne Kapner The Wall Street Journal Mon., Dec. 24, 2018 If the department store has a future, it might look like this. The space is a quarter of its original size. New goods hit the racks daily and are displayed on a single floor with an e-commerce warehouse upstairs. The store is closed two days a week and is staffed by full-time employees who know their customers by name and sell auto insurance among other services at the checkout. That is the blueprint for a newly reopened Carson’s store in Evergreen Park, Ill., part of the failed Bon-Ton Holdings Inc., a regional department-store chain that filed for bankruptcy and closed all its stores earlier this year. As traditional department stores struggle, several upstarts are taking a stab at breathing new life into the model. In Plano, Texas, a company called Neighborhood Goods last month opened what Chief Executive Matt Alexander calls a new type of department store that sells products from furniture to … [Read more...] about Department store of the future: selling art off the walls and car insurance at checkout
Stores of the future
caption Dunkin’ Donuts’ new stores have taps offering drinks like cold brew and nitro cold brew. source Business Insider/Jessica Tyler Starbucks and Dunkin’ Donuts have long competed as two of the biggest coffee chains in theworld. Now, Dunkin’ is becoming more like the slightly-more-upscale Starbucks with a major rebrand that includes a new store design, drinks like nitro-infused cold brew, and digital-ordering kiosks. We compared one of the remodeled Dunkin’ stores to a Starbucks location, and one store had a few advantages over the other. Starbucks and Dunkin’ Donuts have long competed as two of the biggest coffee chains in the world. Now, Dunkin’ is becoming more like the slightly-more-upscale Starbucks with a major rebrand, starting with a name change. The Massachusetts-based coffee empire began testing the name “Dunkin'” – without the “Donuts” – at a handful of … [Read more...] about We compared Dunkin’ Donuts’ ‘store of the future’ with Starbucks to see which was a better coffee shop. Here’s the verdict.
caption Dunkin’ Donuts’ remodeled stores have iced drinks on tap. source Business Insider/Jessica Tyler Dunkin’ Donuts is slowly rolling out its “store of the future” experience. The first part of the rebrand to be rolled out was a name change. The name change is being tested at 30 locations in Boston and 20 nationwide. The Dunkin’ concept is part of a major rebrand that includes a new store design, drinks like nitro infused cold brew, and digital kiosks to order at, and is currently being rolled out as a test. We visited a newly remodeled Dunkin’ store and tried some drinks from the new tap system – here’s what it was like. Dunkin’ Donuts is slowly rolling out its “store of the future” experience. The first part of the rebrand to be rolled out was a name change. The Massachusetts-based coffee empire began testing the name Dunkin’ – without the Donuts – … [Read more...] about We visited Dunkin’ Donuts’ ‘store of the future’ in NYC — here’s what it was like
source Matt Weinberger/Business Insider When I was in Seattle earlier this week, I knew I had to swing by its newest can’t-miss shopping destination: Amazon Go, the online retailer’s vision for the convenience store of the future. Amazon Go, which opened to the public in January, comes with the bold promise of no lines, no cash registers, and no checking out. You just grab what you want, and you … go. Oh, I get the name now. I put Amazon Go through its paces, and found that the technology – which relies on cameras and other sensors to track your every move – works extremely well. On two visits, I couldn’t manage to fool the system, and I indeed walked right out with my purchases. It’s probably the future of retail. It’s also a somewhat worrisome reminder of how artificial intelligence is going to wreak havoc on traditional ideas of employment. Here’s what it’s like to shop at Amazon Go, the convenience … [Read more...] about I shopped at Amazon’s cutting-edge convenience store of the future, and now I’m convinced it’s the future of retail — for better or for worse
caption I visited a Toys R Us store in Yonkers, New York. source Business Insider/Jessica Tyler caption I visited a Toys R Us store in Yonkers, New York. source Business Insider/Jessica Tyler Toys R Us will be closing or selling all 735 of its US stores after filing to liquidate last week. Back in late January, the company announced plans to close just 170 Toys R Us and Babies R Us stores. We went to a Toys R Us store in Yonkers, New York, that was part of the initial round of store closings. Overall, the store was a sad vision of what’s to come as Toys R Us closes locations. Toys R Us will be closing or selling all of its US stores after filing a motion to liquidate its US business on March 15. The company filed for Chapter 11 bankruptcy protection in September. In January, the company announced plans to close just 170 Toys R Us and Babies R Us … [Read more...] about We visited a Toys R Us store that’s about to shut down — and it was a grim glimpse of the future