Department of Architecture and Planning IIT-Roorkee
AR-705 Dissertation | Autumn Semester (2014-15)
CONTEMPORARY TRENDS IN RETAIL ARCHITECTURE
INTRODUCTION Emerging economic trend is the increasing "globalization" of the Retail sector through FDI. Consumer businesses hoping to remain successful in the coming decades and hence must recognize the opportunities and challenges in Retail store/shopping competition. Along with the growing potential retail market the consumer base is increasing with a varied diversity which includes difference in language, culture, customs and historical design precedents. all of these increase the need for creative and innovative design that is sensitive to the changing life style of people.
Retail Store Space with its tremendous growth rates expected in the near future, gives an ample amount of scope for architects to offer their expertise in helping retailers adapt their innovative design concepts for sustainable retail space. Many of the retailers still adapting the schemes based on building same boxes over and over, which the developers also rely on the same cookie - cutter concept for shopping centres, which do not sustain in the modern competition of big malls and city centres.
In the last five years the retailing industry has undergone several changes, the effect of globalisation had turned retailing in to a global enterprise. Foreign organisations expanding often with a local joint venture partner. Manufacturers are trying to have
When planning assessment you need to gauge a clear idea of what level the candidate is at to see if they are ready to complete your planned assessment. There are many ways of achieving this knowledge. One method is observation in performance or another by taking an initial assessment test which have seven levels with the basic entry level 1 being the first.
The world of retail has entered a period of enormous transformation, with broader retail market growth at a pace of three percent annually, many retailers are finding themselves in an uphill battle to profitably expand growth and market share (Deloitte, 2017). According to Richard Goyder AO, Managing Director, Wesfarmers “The key to long-term corporate success is evolution – looking for new ways to do business, for new businesses and new geographies to operate in (Wesfarmers, 2015).
Everyday thousands of retail stores throughout the United States open up their stores in the morning for the sole purpose of attracting customers and selling them merchandise. For this assignment I decided to do a store analysis of the retail giant Wal-Mart. To begin with I will evaluate the store layout and design. Next I will explain the visual merchandising techniques used that Wal-Mart uses. Finally I will discuss the problems and recommendations that I have for Wal-Mart. Wal-Mart has continually been a leader in the retail industry, and it all starts with the layout of the store.
The development of dedicated distribution systems by the large integrated retailers. The development and application of scanning systems provided the necessary information for the supply chain to be reversed from 'producer push ' to 'consumer pull '. A consequence of this process is the decline of traditional wholesalers and cash and carries that has the effect of further disadvantaging small retailers. The emergence of retail chains as national brands
During the past decade, retail markets have undergone many changes in their processes, services, and formats. The last part of distribution of the market strategy, retailing serves as a bridge between the final consumer and the mass producers of products. Retailing has reached every corner of the globe, and Wal-Mart has been eying areas where the
The Australia retail sector is under huge pressures from many different forces. In the recent Lander & Rogers Briefing, Myer CEO Bernie Brooks referred to the current environment as ‘the third big revolution of the past 100 years’ for retail. This analysis will look at recent opinions and commentary on the Australian retail sector, with a focus on the potential consequences for the economic future for Myer. These commentaries will assist in highlighting the forces that are in play within the sector
A distinguished structure that is present in today’s retail environment is a shopping centre. A shopping centre is where multiple stores presenting different merchandisers are formed under a building and allocated through a leasing agency. Shopping centers are aimed towards middle income suburban residents who are mobile. A shopping centre has controlled walkways which enable consumers to walk from store to store. Plenty of effort is put into developing the design of a shopping centre, thus increasing the amount of time people spend shopping. The
As we all know, the retail industry is very crucial and is highly competitive. As this company
“Retail is the business of selling goods made by others to individual consumers. It is a huge industry, dominated by Wal-Mart, which touches every corner of the globe. Due to the decline in the global economy, the future of many retailers is uncertain as consumers begin to spend less. The retail industry is the last step in the process of getting products to customers efficiently, and should not be confused with the wholesale activities which precede it. The difference between the two is that wholesalers are companies that sell their products to businesses, whereas in retail, the goods are sold
The retail sector incorporates businesses that sell goods and services to consumers. Over the past couple of years, there have been changes to the industry which has provided favorable returns to some companies but adversely affected the bottom line of others. The retail industry was originally a made-to-order market which would require excessive need of brick and mortar operations. Due to technological advances, the industry has shifted towards a made to stock strategy in order to keep up with consumer demand. In addition, the consumers today prefer to browse through a catalog or through the internet in order to make spending decisions and then wait for the item to be shipped.
There are many examples for illustrating how retailers apply technological innovation to create store atmosphere. Firstly, external variables consist of entrances, display windows, building architecture, the surrounding area, and parking (Turley and Milliman, 2000). The Central Embassy illustrates the technological of building architecture. This retailer is Thai department store chain, which is the first building of the world, where the structure is 3D curved in front, side and top (Bangkokpost.com, 2014). The complex design can attract both Thai and Asian customers to stun with the new dimension of atmosphere and raise awareness. The other sample is
The global supply chain in the retail industry has witnessed changes and shifts which have led to opportunities and challenges for the involved players. This has occasioned shifts in trade and consumer behavior patterns. Among these are global growth patterns brought about by explosion of more cities and thus growth in infrastructure. There have been flexible supply chain trends which have enabled retail operators to adapt effectively to unexpected circumstances and changes. Moreover, globalization has changed the way retail supply chain is managed as more mature markets emerge to provide logistic and standard solution needs of the businesses. Conversely, near-shoring has
It shows that between 2004 and 2007, total retail growth was only 4.6% while online retail was increased by 130% (The Times 100, NA) (Table 5). With no doubt, it seems more difficult for retail shops to survive, but Lindquist (2002) stated that shoppers prefer to integrate internet shopping with other forms of shopping (Lindquist et al., 2002). The supply chain of Topshop and its changes can help us to understand how retail shops nowadays adjust its position in the
The economies of scale in the retail industry are huge. All of the companies in this industry have first mover advantage. Many of the competitors in this industry already have immense and diverse relationships with many of the suppliers they obtain and any new competitor will have a tough time trying to squeeze into the dealer network in order to establish themselves as any type of threat to another retailer.
Finally, many tools were used to document our site visits that would used during the modeling of the buildings. As stated before, PlanGrid was very useful when viewing the construction sheets. PlanGrid was used on an iPad for easy access during the site visit. The iPad, as well as our phones, was used to take pictures of any notable changes or major features of the buildings. The pictures were used as references during the modeling portion of the project. A measuring tape was also used to take the dimensions of sections of the buildings that were not clearly labeled on the construction sheets. For example, the Architecture Annex’s terrance needed a measuring tape to measure its dimensions because the top-down view was absent from the