Insight Report 8 minutes PremiumRetail Reworked – Part 3: The Future of Physical Stores – Four Areas of Opportunity Coresight Research February 12, 2018 Executive SummaryThis report concludes our three-part Retail Reworked series, which considers changes in spending trends and consumer demand. As e-commerce skims off ever more purchases—particularly those that are planned, functional in nature or of higher-value products—physical stores can benefit by focusing on one or more of the following propositions: Convenience: serving demand for last-minute purchases in local stores. Collection: offering in-store pickup of online orders, which can lead to incremental purchases by shoppers who visit stores to collect their orders. Discount: serving the shopper base that continues to flock to value-positioned stores operating largely or solely offline, such as off-price stores, grocery discount stores, warehouse clubs and dollar stores/pound shops. Destination: creating experience-rich, quality stores and shopping centers that appeal to leisure shoppers. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 25: UK Store Openings Cross 1,000Consumers Return to Stores Without Slowing Online Shopping: China Consumer Survey InsightsIntroducing “Fast Luxury” and Its Implications for the Retail MarketDay Two at NRF 2024: Retail’s Big Show—Supply Chains and Sustainability Take Center Stage