The retail apocalypse isn’t a theory or a rumor. It is a trend dominating the economy. Shopping malls are dying, stores have a hard time staying open, and consumers are browsing online.
In the age of Amazon and Walmart, it can be incredibly difficult for brick-and-mortar retail stores to attract customers, boost traffic, and generate sales. Even if you’re fortunate in bringing in shoppers, can you allure them enough that they simply won’t head to Amazon to buy the same products at a cheaper cost?
That said, there is still some hope. In June 2017, it was reported that ecommerce industry increased its market share, but overall sales declined, interestingly enough. Physical stores are not dead yet; they have some life left in them.
It is all about adaptation for business owners, managers, and marketers. One aspect of the company to hone in on is your retail display shelving. It may seem inconsequential, but it can play an important role in not only increasing foot traffic, it can ensure they stay in the store.
Interested in boosting sales? Here are five retail display shelving tips:
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