Store Tracker 6 minutes PremiumUS Store Closures: Retailers Refocus on Product over Experiences, Driving Up Closures Coresight Research August 18, 2020 What's InsideAs one result of the “mask economy” due to Covid-19, US retailers are refocusing on product over experiences—a reversal of the previous trend toward experiential retail. In this report, we discuss the following key topics: How the shift away from experiential retail is leading to retail store closures Increased integration between store and e-commerce operations—and the conversion of locations to dark stores Implications for retailers and real estate firms of the pivot to product over experiences We include highlights from Amazon, Bed Bath & Beyond and Microsoft. Click here to read our US Store Closures 2020 Outlook. Read our separate report for our expectations of the acceleration of bankruptcy filings through the remainder of the year. Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on temporary store closures and key developments. This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: May 2023 US Housing Market Indicators: Sharp Rise in New Home SalesInnovator Profile: Rentle Onboards Retailers to the Rental MarketUS Consumer Tracker: Conflicting Trends in Behavior, Plus an Early Look at Memorial Day PlansDiverging Trends During China’s National Day Celebrations: China Consumer Survey Insights