How <b>Retail</b> Stores Are Beginning To Adapt | RetailTechPodcast

How Retail Stores Are Beginning To Adapt

One of the stores jumpstarting the effort is Naadam, whose hero product is cashmere sweaters. The two stores sell the same product but one is about an ethical, sustainable supply chain and the other is about a social and political message. The Lingua Franca store is also interesting because of how it came about. Brookfield acquired empty stores on Bleecker Street and sought advice on how to use its skills and financial strength to offer flexible rents and create interesting shops that would attract high-end consumers. In the past, a retail store was selected based on the likely foot traffic. It's too soon to tell whether the Bleecker Street stores will make money and be successful. We are only at the beginning and we are only starting to see how stores are going to adapt to all the changes we have seen. Read more