VMSD - October 2016 - 23
TAR GE T E XTE R IO R J ON ATHA N WE IS S / S HUTTE RS TOC K. C OM
BEHEMOTHS
bution to support its omnichannel model, the largest part of its
$1.8 billion capital expenditure budget.
Both Walmart and Target still have a huge investment in
physical retail space. Walmart has more than 4600 stores in the
U.S., and Target has nearly 1800. So how can they keep brickand-mortar space relevant in the mass market?
One thing brick-and-mortar retailers know, says Kraig Kessel, co-founder of the San Francisco consulting firm Kraido,
is that "they can't rely on 'build it, stock it, and they will come'
anymore. Consumers expect an experience now."
Though Walmart shuttered its 102 small-format Walmart
Express stores earlier this year, both retailers have insisted
they're actively involved in strategies that rely on in-store
growth, not on store closings.
Walmart, for example, has spent $2.7 billion in the past two
years to improve its stores, upgrade its in-store staff and keep
shelves replenished, a problem that had reportedly cost it billions in sales over the years.
Target also remains invested in its stores. "Looking ahead,
we remain focused on our enterprise priorities, as we continue
to see the benefits of investing in signature categories, store
experience, new flex-format stores and digital capabilities," said
VMSD.COM
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OCTOBER 2016
23
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Table of Contents for the Digital Edition of VMSD - October 2016
Vmsd - October 2016
Contents
From the Editor
Vmsd Editorial Advisory Board
The Goods
Next Store
Mexico City’s Iron Palace
Battle of the Behemoths
Big Bang
Remaining Relevant to a Disruptive Audience
Hello, Cleveland!
Showroom
Showroom
Ad Index
Checking Out
VMSD - October 2016 - Intro
VMSD - October 2016 - BB1
VMSD - October 2016 - BB2
VMSD - October 2016 - Vmsd - October 2016
VMSD - October 2016 - Cover2
VMSD - October 2016 - 1
VMSD - October 2016 - Contents
VMSD - October 2016 - 3
VMSD - October 2016 - From the Editor
VMSD - October 2016 - 5
VMSD - October 2016 - Vmsd Editorial Advisory Board
VMSD - October 2016 - 7
VMSD - October 2016 - The Goods
VMSD - October 2016 - 9
VMSD - October 2016 - 10
VMSD - October 2016 - 11
VMSD - October 2016 - 12
VMSD - October 2016 - 13
VMSD - October 2016 - Next Store
VMSD - October 2016 - 15
VMSD - October 2016 - 16
VMSD - October 2016 - 17
VMSD - October 2016 - 18
VMSD - October 2016 - Mexico City’s Iron Palace
VMSD - October 2016 - 20
VMSD - October 2016 - 21
VMSD - October 2016 - Battle of the Behemoths
VMSD - October 2016 - 23
VMSD - October 2016 - 24
VMSD - October 2016 - 25
VMSD - October 2016 - Big Bang
VMSD - October 2016 - 27
VMSD - October 2016 - 28
VMSD - October 2016 - 29
VMSD - October 2016 - Remaining Relevant to a Disruptive Audience
VMSD - October 2016 - 31
VMSD - October 2016 - 32
VMSD - October 2016 - 33
VMSD - October 2016 - Hello, Cleveland!
VMSD - October 2016 - 35
VMSD - October 2016 - 36
VMSD - October 2016 - 37
VMSD - October 2016 - 38
VMSD - October 2016 - 39
VMSD - October 2016 - 40
VMSD - October 2016 - Showroom
VMSD - October 2016 - 42
VMSD - October 2016 - 43
VMSD - October 2016 - 44
VMSD - October 2016 - 45
VMSD - October 2016 - 46
VMSD - October 2016 - Showroom
VMSD - October 2016 - 48
VMSD - October 2016 - 49
VMSD - October 2016 - 50
VMSD - October 2016 - 51
VMSD - October 2016 - 52
VMSD - October 2016 - 53
VMSD - October 2016 - Ad Index
VMSD - October 2016 - 55
VMSD - October 2016 - Checking Out
VMSD - October 2016 - Cover3
VMSD - October 2016 - Cover4
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