Gymshark’s Post

Yet another #onlineretail giant opting to go "physical". It's further evidence of the demand from consumers for an in-store shopping environment, and also demonstrates the value of experience in #retail. This is such encouraging news for the future of #retail and #retaildestinations. #retailintelligence #retailinsights #consumerbehaviour #highstreets #shoppingcentres #retailparks #tri2024 Rendle Intelligence and Insights

Decisions which you make are crucial factors in your success rate. I saw a post and had to share my thoughts... One of the things I love the most about Gymshark is their consistent growth in revenue, and the deliberate pace of their expansion. This is down to the leadership team's wise decision making and timely execution. 🚀 It's a crucial factor in every business's success! Although they could have rapidly expanded throughout the UK and US, they've chosen to lay a solid foundation before pushing for growth. Great work by Ben Francis MBE and his incredible team 👏 Long may their journey continue 🚀 → How have you build your business? → Are you following a similar strategy?

Gymshark are reinventing retail with their flagship store. Here are some GCSE business questions Q1. How is Gymshark adding value in its new store in Westfield Stratford? Q2. What are your views of the new Stratford store? Did it make you want to visit? Why? Why not? Q3. What are the likely results of this different approach to retailing by Gymshark? https://lnkd.in/euFipT-D

Interesting to see who took over the old store fronts, for Bed Bath & Beyond….I only hope they put in pickleball courts, for the old location by us. #bedbathandbeyondbankruptcy #realestatenews #hotrealestate #realestatetrends #commercialrealestate

“The difference between the paddlesports market and other outdoor goods, according to John, is people bought high-end paddlesports products during the pandemic. They had more disposable income, so they bought $5,000 fishing kayaks like the Hobie Mirage Pro Angler 14. “Where does that leave us for an upgrade?” John said. “That’s part of the saturation problem.” Such a valid point. If possible, brands should be designing and building systems that are modular and can scale equal to where the consumer is in their outdoor journey while staying one step ahead of them ready to meet them again at their next growth stage of experience. New Product Innovation and Design has to be thinking how to strengthen the consumer/retailer relationship, this is 2024, think versatility, longevity, multi-functionality…think platform. Think Continuity of Experience. #getoutside

Midsummer Place in Milton Keynes will soon be welcoming two new exciting additions to its line up: Frasers Group's Sports Direct and Lane7. Sports Direct will offer a wide range of sports and lifestyle brands in their 50,000 sq ft store, while Lane 7 will bring their unique entertainment concept to the 40,000 sq ft space.   This expansion and repurposing of space further solidifies Midsummer Place as a top destination for fashion and entertainment, with both brands adding to the diverse mix of current retailers and F&B offerings.   Simon Anderson, Asset Manager at Ellandi “Securing both Frasers Group’s Sports Direct, and Lane 7 for Midsummer Place demonstrates both confidence in the market as well as highlighting the opportunity at Midsummer Place. These brands will complement the recent re-development of The Boulevard F&B quarter. We are transforming the centre, and in addition to the physical changes we are curating a very attractive tenant mix. This brings us one step closer to realising our vision to create a high-end, quality destination.”   Thanks also to Tom Ellams, Senior Asset Manager for getting this over the line. https://lnkd.in/eXiJ9WyN #destinationshopping #repurposingspaces #vibrantshoppingcentres #assetmanagement

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🚨 UPDATE: Change of plans! 🚨 Unfortunately, I won't be able to make it to the Ridgefield market tomorrow 😔 But fear not, because I've got some exciting news! 🥳 Instead, I'll be busy moving a fabulous display case into the Three Rivers Mall for a brand new store that I'll be selling some of my products at! 🛍️ Stay tuned for more updates on this exciting venture! 💫 #ChangeOfPlans #NewBeginnings #ThreeRiversMall

Made a whirlwind trip to nyc this weekend for the US Open (tennis, not golf - I prefer sports, not hobbies 😀). Bucket list awesomeness, but I suppose that’s for another social media platform that I’m not on. Anywho… made it into the new On store in Williamsburg. It’s a humble, pocket-sized store, but really well done. What’s to love? 1 - They invested at the product level. Don’t get me wrong, the space is nice and all, but the attention to detail at the fixture and merchandise level is what sells. Oftentimes too much puffery in the store design can detract from the product itself. 2 - People power. They have some badass associates working there. Peeps that know their product, love the brand, and are super personable and helpful. 3 - They intelligently considered operations. Those slide out shoe fixtures with sample sizes at the ready mean the associate is never leaving the customer during the sales process and creating an easier (and better) process for guest and associate. 4 - No screens. Well, actually, there were 3 tiny screens for info level, but they weren’t working (shocker, I know). 5 - They had some nicely integrated eco and performance oriented storytelling that added to the experience but didn’t overpower. It feels like On is finally starting to crack the nut on creating the right experience and design for expansion. *For tennis enthusiasts* I got the chance to see Ben Shelton best Tommy Paul in an incredible match, and Coco Gauff pull it out against Caroline Wozniacki - all while sipping on a Grey Goose Honey Deuce. Highly recommend the pilgrimage if you get the chance. #retail #retailstrategy #retaildesign #customerexperience