Insight Report 7 minutes Premium

Showfields and Neighborhood Goods Store Closures Reveal Challenges to the Physical Concession Model

What's Inside

Founded in 2017, Showfields is a retailer that works with brands—primarily digitally native vertical brands (DNVBs)—to create a physical stage for immersive storytelling and discovery. Now, the company will close its remaining stores after it closed its closed multiple locations in 2023. Similarly, Neighborhoods Goods, a retailer that brings digital brands to brick-and-mortar shoppers, announced it would close stores in early 2024. Coresight Research delves into what these store closures reveal about the state of the physical concession model.

Companies mentioned in this report include: Amazon, Bluemercury, Neighborhood Goods, Nordstrom, Showfields, Target

Other relevant research:

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.