ModernRetail

Why Strip Malls Are Becoming More Popular Among Retailers

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Strip malls are starting to get a second look from some retailers who have historically ignored them.

Last week, both Macy’s and Sephora announced that they would seek to open more stores in strip malls in the coming years. Last year, supplements brand GNC announced plans to close 700 of its mall-based stores, and instead focus on its stores in strip malls, which were reporting “relatively stable” store comps.

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Retail’s Big Show, NRF 2020: The Rise of the Store

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A record crowd of 40,000 people attended the National Retail Federation (NRF) Big Show in New York City this week to see what new solutions and innovations software suppliers had in store for 2020 and beyond. The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, and machine learning, to name a few. This year, two recurring themes were prevalent: an emphasis on the store’s role in omni-channel and the use of robots to streamline processes.