±±¾©Èü³µpk10 explores how brands are remodelling themselves both in-store and online to ensure they stay afloat in an era when consumers are more interested in spending their money on experiences rather than shopping or eating in the traditional way.
Using the Apple Store as a key point of reference, Laura Saunter, retail insights editor at WGSN, said: "Consumer behaviour is really evolving so much, there's no one-size-fits-all strategy any more. They want stimulating retail environments, they want personalised service, they want convenience, they want ease, they want entertainment.
"No longer is the store a place to just come and pick up an item; it's a place to be hosted in, educated – it's a meeting point with your friends."
Disney is one brand that has stayed ahead on the high street, by providing the consumer with an immersive experience each time they enter any one of its stores.
Amy Pearson, marketing director at Disney Stores Europe, said: "So the experience has always been really important to us at Disney stores, but we're making a few adjustments just to make it even better and more magical for people that visit us.
"So, for example, we're trying to add in more sculptures, more photo moments, so people can come and stand next to a Spider-Man sculpture and share that on social media."
Disney has also launched a website, Shop Disney, that Pearson said provides the consumer with "an easier journey to purchase", with faster-loading pages and more readily available information about products and delivery options.
These are all options that brands must consider if they were to succeed on the high street. Indeed, research conducted by consumer insight company Watch Me Think found that participants "rarely" shopped on the high street and were more likely to purchase online.
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