Pop-up retail
This article possibly contains original research. (October 2012) |
Pop-up retail, also known as pop-up store (pop-up shop in the UK, Australia and Ireland) or flash retailing, is a trend of opening short-term sales spaces that last for days to weeks before closing down, often to catch onto a fad or scheduled event.
The modern trend of pop-up retail started in Los Angeles in the late 1990s, and went on to become used internationally, being particularly popular in the United States, Canada, United Kingdom and Australia. Pop-up retail was an increasing factor during the retail apocalypse of the 2010s, including seasonal Halloween retailers who operate stores in vacant spaces during the season. In 2018 the pop-up industry was estimated to be worth $50 billion.[1]
History
The term pop-up retail can be traced to the late 90s, although temporary retail options, such
European Christmas markets, seasonal farmer's markets, holiday fireworks stands, Halloween costume shops, consumer expos, and event-specific concessions are other examples of temporary retailing.[relevant?]The Ritual Expo was one of the first iterations of the modern pop-up retail store.[3] Not yet referred to as pop-up retail, the 1997 Los Angeles event was created by Patrick Courrielche and was later branded as a one-day "ultimate hipster mall.” The event quickly caught the eye of large brands that saw the potential of creating short-term experiences to promote their products to target audiences. AT&T, Levi-Strauss, and Motorola worked with Courrielche to create pop-up shopping experiences across the country to market their products to young audiences.[4][5][6][7][8]
In November 2002, discount retailer Target took over a 220-foot-long boat at Chelsea Piers for a two-week stay on the Hudson River that coincided with Black Friday.[9] Vacant, a Los Angeles, California based business specializing in pop-ups, arrived in New York in February 2003, working with Dr. Martens on a pop-up space at 43 Mercer Street.[10][11][12]
Other brands that have developed pop-up shops as part of their campaigns include Kate Spade, Gucci, Louis Vuitton and Colette.
Pop-up Retail began extending into other genres around 2009, when the Pop-up restaurant - temporary restaurants popping up in various locations - began growing in public interest and frequency.[16] Just as car manufacturers are using the concept for the presentation and sale of new models. Suppliers of classic cars also offer vehicles in Classic Cars Pop-Up Stores.[17]
The trend is also widespread in the UK, where landlords have used the trend to fill vacant space.[7]
Newbury Street in Boston has recently become a hotbed for pop-up retail, hosting temporary storefronts for Martellus Bennett, Cotton, Kanye West and other local brands.[18]
Concept
A pop-up retail space is a venue that is temporary: the space could be a
There are various benefits to pop-ups such as marketing, testing products, locations, or markets, and as a low-cost way to start a business. Some pop-up shops, such as Ricky's and other Halloween stores, are seasonal, allowing brands to capture foot traffic without committing to a long-term lease.[21] Other brands use pop-ups to create engagement, such as Marc Jacobs Tweet Shop's exchange of "social currency" for free product,[22] and King and McGaw who used a pop-up to exhibit and sell prints from the Mourlot Studios in Soho, London.[23]
This concept has also spread into other countries such as Australia. For example, H&M Australia made pop-up stores in 2015 and Uniqlo did it in 2014 to test the market.[24][25]
See also
References
- ^ "The Magic of Pop-Up Shop Marketing". United States: American Marketing Association. October 1, 2017. Retrieved March 27, 2018.
- ^ What exactly is a pop-up shop? Nicholas Moore, thestorefront.com; retrieved 10 November 2023
- ^ Moore, Booth (1999-07-09). "Cutting-Edge Clothes and Music at Ritual Expos". Los Angeles Times. Retrieved 2022-07-15.
- ^ Baltin, Steve (October 2000). "Ritual in the Making, Creative Fields Converge To Form Ultimate Hipster Mall In A Nightclub Atmosphere". Chicago Tribune.
- ^ First U.S. Pop-Up Retail Stores, retrieved 2022-07-15
- ^ "Pop-Up Retail: Where Will It Go Next?". Business 2 Community. 2015-09-01. Retrieved 2022-07-15.
- ^ a b Kelly, Sean (April 2016). "Pop-Up Power". IN_retail.
- ^ Moore, Nicholas (April 2018). "What is a pop-up shop". Storefront.
- ^ Gray, Billy (2012-12-05). "On 10th Anniversary of First NYC Pop-Up, Retailers Look Back". Commercial Observer. Retrieved 2022-07-15.
- ^ "The Genius of Everything From Air Bags to Zip Lines". static01.nyt.com. Retrieved 2022-07-15.
- ^ Lazarovic, Sarah (March, 2003) Elle Canada. Are pop-up stores the hip new face of retail or a clever marketing ploy to fight consumer fatigue? http://www.ellecanada.com/living/shop-n-go/a/24980
- ISSN 0362-4331. Retrieved 2022-07-15.
- ^ "Acces all of TrendWatching's past Trend Briefings". www.trendwatching.com. Retrieved 2022-07-15.
- ^ "NYC's SoHo Serves as Testing Ground for Chobani, Samsung". Bloomberg.com. 2014-10-01. Retrieved 2022-07-15.
- ^ "Fourth Element Launch World's First Pop-Down Shop". www.linkedin.com. Retrieved 4 April 2019.
- ^ "Study Shows People Are Getting Even More Obsessed With Pop-Up Restaurants". HuffPost. 2015-04-10. Retrieved 2022-07-15.
- ^ "Classic Cars Pop-Up Store 2021 celebrates its second edition". Classic Trader Magazine International. 2021-02-09. Retrieved 2021-02-11.
- ^ "Pop Ups - Newbury Street Boston". Newbury Street Boston. Retrieved 2016-09-26.
- ^ Gregory, Sean (November 6, 2009). "Why Pop-Up Shops Are Hot". Time. Archived from the original on November 8, 2009. Retrieved November 22, 2009.
Ricky's Costume Superstore in New York City was ready for Halloween
- ^ Jones, Katherine (2017-03-23). "Treefort Music Festival has music for all ages". The Idaho Statesman.
- ^ Bloomberg TV (May 2014). An Inside Look at the Pop-Up Retail Phenomenon
- ^ Gonzalez, Melissa (2014-12-01). The Pop Up Paradigm: How Brands Build Human Connections in a Digital Age. Lioncrest Publishing.
- ^ "Gorgeous rare posters by the likes of Picasso, Míro and Le Corbusier". It's Nice That. 5 May 2015. Retrieved 4 April 2019.
- ^ Cummins, Carolyn (2015-10-08). "H&M close to opening in Pitt Street mall". The Sydney Morning Herald. Retrieved 2022-07-15.
- ^ Wells, Rachel (2014-01-24). "Uniqlo gives Melbourne a sample of what is to come". The Age. Retrieved 2022-07-15.