Page 55 - RLI February 2019
P. 55

Though brands are investing heavily in online retail, traditional retail continues                                       Being an allied industry of the retail sector, the shop fit-
                                                                                                                               ting industry grows hand-in-hand with the retail industry. As
        to be a core focus, with a demand for shop fit designers and manufacturers                                             brands continue to invest in visual merchandising and store
        growing, albeit reimagined to create an immersive brand experience                                                     design, they rely on experienced and quality focused shop-fit
                                                                                                                               manufacturers to partner with them. The role of shop fitters
                                                                                                                               cannot be understated in helping the retail brands build their
                                                                                                                               identity, differentiate them from competitors and attract foot-
                                                                                                                               fall in the store by their innovative designs and store concepts.
                                                                                                                                 Karl McKeever, founder and managing director of Visual
                                                                                                                               Thinking believes that “Retailers need to face up to some
                                                                                                                               uncomfortable truths. When you look at what customers
                                                                                                                               really want from stores, it comes down to this: easy and en-
                                                                                                                               joyable to shop, good availability, clean and tidy, and atten-  GLOSSIER
                                                                                                                               tive, meaningful customer service. These are the fundamental   New York, US
                                                                                                                                                                              designer: GRAcHOT STUdIOS & pRO
                                                                                                                               basics  –  the  cornerstone  of  successful  retailing  –  or  as  it
                                                                                                                               used to be known, and perhaps unfashionably today as ‘good
                                                                                                                               shop-keeping’. These are at the baseline expectations and
                                                                                                                               heart of the retail experience, not the ‘experiential’.
                                                                                                                                 He  continues,  “Too  many  senior  retail  managers  have
                                                                                                                               been distracted by the lure of online riches and dazzled by
                                                                                                                               the  promise  of  a ‘new  dawn’  from  technology  companies
                                                                                                                               with their big marketing budgets. As a result, many stores
                                                                                                                               have been starved of the real investment they need, with
                                                                                                                               many  once  great  retailers  now  hollow  versions  of  them-
                                                                                                                               selves. For a retailer with hundreds of stores within its es-
                                                                                                                               tate, one new flagship store (however glorious) will not turn
                                                                                                                               around its fortunes. Large capex investments in extensive
                                                                                                                               store refit programs are increasingly the exception rather
                                                                                                                               than the rule. More balance in investment decision making
                                                                                                                               to support ailing store estates is required, it’s little wonder
                                                                                                   GUccI FLAGSHIp SOHO         that many shoppers have turned away to online instead. It’s a
                                                                                                          New York, US
                                                                                               designer: IN-HOUSE GUccI TEAm   paradox and the unintended consequence of prioritising on-  cHRISTIAN LOUbOTIN
                                                                                                                                                                              London, UK
                                                                                                                               line investment over the physical store estate for too many   Shopfitter: cLEmENTS
                                                                                                                               brands in recent years”.
                                                                             018 was once again a redefining period for the retail
                                                                             industry. From huge investments by players looking
                                                                             at  international  markets  to  M&A,  downsizing  of
                                                                       2physical stores from traditional players to investing
                                                                       in physical stores by ecommerce players, the retail industry
                                                                       continued to witness significant changes.
                                                                        The Valentine flagship store at Lower Parel, Mumbai is a
                                                                       Smart Shop sore combining the excitement of Physical Re-
                                                                       tail  with  the  efficiency  of  Digital Technology  to  seamlessly
                                                                       integrate their offline stores with their strong online presence.
                                                                       The store a dedicated heaven for intimate apparel and lounge
                                                                       wear was designed to bring out the delicate designs of the
                                                                       brands intimate wear. Insync Shop Fittings, Mumbai created a
                                                                       space that ensured women were comfortable shopping over
                                                                       extended periods of time by softening the lighting and overall
                                                                       mood of the store but while maintaining a laser focus on the
                                                                       merchandise and bring out the softness and eclectic designs
                                                                       and colours of the fabrics. The end result a graceful form with
                                                                       the  function  of  a  modular  Shop  Fitting  solution  integrating
                                                                       LED light without any visual or any visible wires.
                                                                        Brands continue to focus on integrating online and off-line
                                                                       shopping and the concept of ‘Experiential shopping centres’
                                                                       will continue to gain importance.
                                                                        As customer shopping experiences, engagement and pur-
                                                                       pose of the physical store become more crucial, brands will
                                                                       regularly invest in store design, interiors, shop fits and new
                                                                       concepts  in  order  to  differentiate  themselves  from  com-
                                                                       petitors. A good fit-out raises a brand’s profile, efficacy and
                                                                       creates a positive perception about the brand. Hence, there
                                                                       is a growth opportunity for the shop fitting industry.
                                                                        Adding to this, the trend of solo entrepreneurs entering
                                                                       the market and small scale traditional retailers who wish to
                                                       WE ARE ALLbIRdS   revamp their business rely on professional shop fitters for
                                                           New York, US
                                                  designer: pARTNERS & SpAdE  retail store design, floor planning, shop fits, etc. which will
                                                                       also give a boost to the shop fitting industry.

        50 RETAIL & LEISURE INTERNATIONAL FEBRUARY 2019                                                                                                                                      FEBRUARY 2019 RETAIL & LEISURE INTERNATIONAL 51
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