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Report: Mobile and tablet commerce to drive non-store retail channel
New York -- A new report from PwC US and Kantar Retail suggests that the retail industry may be transitioning to a 'post-modern' consumer-centric era triggered by the speed of technological advancements, globalization and hyper-competition, both online and offline.
The Retailing 2020 report recommended that successful retailers will need to transform themselves to grow in an increasingly polarized world of greater channel fragmentation that will result in greater non-store retail growth and smaller retail formats.
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Uniqlo unveils U.S. mall prototype
New York -- Uniqlo on Friday will open its largest mall store in the world, in Westfield Garden State Plaza, Paramus, N.J. The two-level, 43,000-sq.-ft. store will serve as the prototype for the Japanese retailer¹s U.S. mall expansion.
The new Uniqlo replaces an Old Navy store and has its own separate entrance to the parking lot as well as a traditional mall entrance. A large LCD monitor display at the mall entrance will feature special interactive games and other content to engage shoppers.