Small Spaces, Big Opportunities: How Major Appliance Retailers Can Capitalize on the Downsizing Trend
Due to the shortage of accessible housing, consumers are looking for ways to reduce expenditures and raise the value of their homes. In Southern California (where I live), rents are rising out of reach for many, this trend includes tiny houses, garage conversions, urban apartments and granny flats. Aside from the obvious financial advantage, downsizing […]
Experiential Retail: What Is It and Why Does It Matter:
In a world where customers have access to more information than ever, retailers are looking for ways to stand out and create a shopping experience that is both enjoyable and memorable. Enter experiential retail – a form of retailing that focuses on creating an immersive experience for the customer Experiential retail is about creating an […]
2022 was a Great Year, And We Can’t Wait for 2023!
This past year has been one for the record books! We want to say how thankful we are for all the support we received. We are so grateful for the amazing clients and talented vendors we had the privilege of working with. It is an honor for the Specialized Retail team to be entrusted with […]
How Major Appliance Retailers Can Compete with Online Sales
Sales of major appliances are exploding; here are some reasons why: Demographics are changing, and the next generation of consumers is more technical and accustomed to purchasing items online. The advancement of technology has led to an increase in online sales as consumers can purchase items with the click of a button. A greater selection […]
The Millennial Experience: How to Adapt Your Store for the Next Generation
How to Adapt Your Store For The Newest Generation One of the most important demographic groups that retailers need to be aware of is the millennial generation. The millennial generation is the next generation of consumers and the first to be born entirely within the digital age (born between 1981-1997). They are “digital natives,” meaning […]