ALMANAC: STORE FIXTURES & INTERIORS
The manufacture of showcases and other products for the retail
industry (NAICS 337215) is expected to hit $7.575 billion in 2017
and grow to $7.591 billion in 2018, $7.959 billion in 2019 and
reach $7.806 billion in 2020, according to information from Statista
and the U.S. Census Bureau.
Consumers spending will average of $967.13 this year, according to
the annual Holiday Spending Survey conducted by Prosper Insights
& Analytics for the National Retail Federation. That’s up 3.4%’.
According to a PwC/SAP survey, 37% of retailers say they plan to
increase their investment in brick and mortar locations by expanding or creating new in-store experiences. In that same survey of 312
retailers, 31% said they’ll invest in social media to drive awareness
of their brand.
Market data sources:
Retail Federation, Prosper Insights & Analytics,
+ Store Design, PwC,
Statista, U.S. Census Bureau, Impact Consulting
Category: Store fixtures
& interiors: display
cabinets & cashwraps,
POP & full store interiors,
kiosks, endcaps, slatwall
Just ask Amazon and Google, both of whom have ramped up
their retail presence with physical stores. The fact is, brick
and mortar stores are here to stay.
Stay, but not be stagnant. In order to compete with their online counterparts, physical stores are evolving in the services and
technology offered, as well as in the style, accessibility and feel/
texture of the visual merchandising displays and fixtures used.
Because despite the popularity of online buying, shoppers still
like to touch, feel and try on things before purchasing. According
to PwC’s 2017 Total Retail survey, in-store shopping remains the
most popular buying channel with weekly and daily shoppers,
followed by websites and mobile apps.
A survey in the October issue of design:retail also reinforces
the popularity – and growth – of physical stores. According to
the survey, almost 25% of respondents planned to open the same
number or more stores as they did in 2017, while 70% planned
more or the same number of store renovations next year. In
addition, more than 80% of those surveyed said they planned to
spend the same or more for capital improvements in 2018.
What’s on the agenda for 2018?
Stores still getting the business
Source: design:retail. October 2017 edition. Survey respondents to design:retail’s ninth
annual Retail Design Industry Survey project a slight slowdown in the number of new
store openings and renovations in 2018, compared to 2017. Slightly more than half
( 56.6%) opened 50 stores or fewer in 2017, 5.0% opened between 50-100 stores,
and less than 8.0% opened more than 100. Likewise, in 2017 63.6% renovated under
50 stores, 9.1% renovated 51-100 stores, and 11.8% renovated more than 100. An additional 15.5% reported no remodeling activity in 2017.
2013 2014 2015 2016 2017
Source: PwC’s Total Retail 2013-2017 information. Note: Chart represents daily
and weekly usage combined.
Graph source: PwC
& SAP Retailer Survey;
Base: 312. Which of
the following channels
does your organization
use to generate sales?
asked to select ALL that
apply. Pw C’s 2017
Total Retail survey.
A significant percentage of global consumers shop in-store at least once
79% 73% 25%
Stores Website Mobile Apps
Channels used to generate sales