With today’s news of Macy’s slashing jobs and looking to “localize” their stores, coupled with recent news of Sears looking to clean-up and revamp its stores, I can’t help but wonder how these retailers will re-design their physical spaces.
And I also can’t help but wonder if the department store of the past be transformed into some fresh, new incarnation.
But what would that mean? What models would they follow?
I’m wondering if Macy’s — or Sears, for that matter — perhaps follow what some hotel chains, such as InterContinental Group, have been doing: taking cues from boutique hotels.
Who knows, perhaps the tough times at Macy’s and Sears will result in retail innovation.
What comes next? The Bloomberg Businessweek Innovation and Design blog chronicles new tools for creativity and collaboration, innovation case studies in both the corporate and social sectors, and the new ideas that have the power to change the way things have always been done.