We explore how sports and lifestyle brands can create outstanding multi-purpose retail spaces to strengthen consumer-brand relationships
Bricks-and-mortar stores are bastions for truly experiential moments.
The evolution of e-commerce has resulted in this retail device now offering a rich and multi-layered experience, yet it still lacks tangibility, leaving bricks-and-mortar stores as bastions for truly experiential moments. Sports and lifestyle brands must work hard to both initiate and capture these moments in order to form, maintain, and develop valuable consumer-brand relationships.
One way that brands and retailers can support these moments is via multi-functional retail environments. So how can a brand create a multifunctional retail store? In this article we define what we mean by a “multi-functional retail environment”, explore their benefits for both customers and retailers alike, and delve into a handful of real-world examples from reputable brands to understand the weight of a multi-functional retail environments within the sports and lifestyle sector.