Traditional Retailers Adopt the Experiential Model

Matthew Berres

The experiential retail trend is here to stay, and now more traditional retailers are developing in-store experiences. The trend has spread to more traditional retailers and big name brands that have adapted to meet the needs of today’s consumers. Creating an in-store experience is a response to ecommerce and a strategic way for brands to compete with online shopping.

“We’ve very recently seen traditional retail attempt to respond to the rise of e-commerce by making shopping fun. Since leaving Burberry to join Apple five years ago, Apple Retail SVP Angela Ahrendts has completely transformed Apple stores into community spaces,” Matt Berres, executive managing director at Newmark Knight Frank, tells GlobeSt.com. “Amid the trend of store closures seen in many cases since 2017, Apple closed only four since then and has repurposed many of its existing ones.”