In this episode, Matt Mueller and Nicole Larson discuss the latest trends in retail, focusing on the insights from the 'Real Retail Reality' report. They explore how store closures can indicate a healthy future for retail, the transformation of physical stores, the rise of international brands in the U.S. market, and the evolving consumer behavior that emphasizes experiences over transactions. The conversation highlights the importance of omnichannel strategies, the impact of social media on retail expansion, and innovative concepts that are reshaping the retail landscape.
Takeaways
- Store closures can signal a healthy future for retail.
- The retail industry is undergoing a transformation, not a decline.
- E-commerce and brick-and-mortar are now collaborators, not competitors.
- Vacancy rates in retail spaces are historically low, indicating strong demand.
- International brands are increasingly interested in the U.S. retail market.
- Retailers are repurposing spaces for health, wellness, and entertainment.
- Consumers are becoming more selective with their spending.
- Omnichannel strategies are essential for retail success today.
- Pop-up stores are being used for marketing rather than just sales.
- Social media influences consumer behavior and retail expansion.
Chapters
00:00 Introduction to Retail Reality
02:55 Understanding Store Closures and Market Dynamics
05:49 International Brands and U.S. Retail Expansion
08:53 Repurposing Retail Spaces for New Concepts
11:46 The Evolution of Physical Retail Spaces
14:30 Consumer Behavior and Online Shopping Trends
18:12 Future Trends in Retail and Consumer Engagement
21:10 Innovative Retail Concepts and Success Stories
23:54 Advice for Retailers Looking to Expand
More about Nicole & Colliers
- Nicole's LinkedIn: https://www.linkedin.com/in/retailinrealtime/
- Colliers LinkedIn: https://www.linkedin.com/company/colliers/
- Colliers Website: https://www.colliers.com/
- Colliers Report: https://www.colliers.com/en/research/nrep-usret-retail-report-spring-2025
Thanks for checking out this episode of innovate ON purpose.
Learn more about Matt Mueller here:
1. Website: https://themindfulinnovator.com
2. LinkedIn: https://www.linkedin.com/in/mattmuellerinnovation/
3. Facebook: https://www.facebook.com/Matthew.F.Mueller/
4. Instagram: https://www.instagram.com/mattmuellerinnovation/
5: Twitter: https://twitter.com/MattMuellerInv8
6. TikTok: https://www.tiktok.com/@mattmuellerinnovation
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Ridiculous History
History is beautiful, brutal and, often, ridiculous. Join Ben Bowlin and Noel Brown as they dive into some of the weirdest stories from across the span of human civilization in Ridiculous History, a podcast by iHeartRadio.