Quote:
Originally Posted by esquire
An entire mall literally just went up which is almost entirely dedicated to in-person shopping for clothing and shoes.
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Keep in mind it is not always about there being added demand but rather who is making the money off of operating the mall. In the case of the Outlet Collection they are on a national push with their properties. Winnipeg was targeted by
several outlet mall operators. Further, the opening in Winnipeg say a lot of tenants move from Kennaston Commons to the outlet mall.
Quote:
Originally Posted by EspionNoir
I agree. Physical apparel retail will likely continue to exist. Especially for top brands and tailors, physical experience should be essential.
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Actually it is the low end that will be slowest to move. When you are trying to sell a single item that is valued at over $100 the carrying cost and shrink, including theft and write downs, are a real thing as it isn't a single $100 item sitting on the shelf in hundreds of stores. Further adding something like a tailoring service just further pushes it online. You come in store and try on the sample garment they take measurements on how you want it adjusted and then some production warehouse makes those changes and send the garment to you. I get most people here are male and never been through a gown fitting process personally but I am sure a lot of them have been involved with someone else doing it. It is a similar experience.
Also focusing on what the
consumer wants is looking at the wrong side of things to some degree. If the retailer can heavily reduce the shrink cost of than $100 "ready to wear" but not tailored garment to say $80 and include custom tailoring but have it take 2-5 days to get to your house a lot of consumers are going to see the added value there and be okay with it. As I already suggested the gown segment has done this model for many years. Eph and similar are already doing it in men's formal wear. It is a trend that is going to continue to expand. That said the low end like Old Navy is going to be a lot slower to shift as the shrink costs for a $10 item are a lot less.
Quote:
Originally Posted by cheswick
Visiting a physical store to simply order something online appeals to virtually no one. Why would that become the norm? It seems the opposite is becoming far more prevalent. Online ordering and brick and mortar fulfilment.
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Why? Added services like personal fit tailoring and additional colour choices are examples of what could be offered by a custom order store like Eph or many of the gown shops. But think with a quicker turn around time. Also having minimal physical inventory lowers to overall cost of goods to the consumer.