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Celebrities continue to launch pop-ups to promote their latest projects. Include Kanye West, Kylie Jenner, Drake and Gwyneth Paltrow in the mix. Recently, Reese Witherspoon opened her first pop-up store called Draper James. This lifestyle brand with a Southern twist celebrates Witherspoon’s Southern heritage and is named after her grandparents whose style she admired greatly. She has already opened two stores, one in Nashville, Tenn. and in Dallas, Texas. “If you think of celebrity as a brand in and of itself, [these brands] are getting into retail particularly pop-ups,” says Liza Cantu, National Marketing Director, Mall Retail at Westfield. “It helps increase their presence both physically, and with the media who report on it. With pop-ups, the time commitment is small and the marketing benefits can be major, another reason they’re a hit.”


It is what is called collaborative consumption where everyone is looking for a more affordable solution. In the sharing or peer economy, owners rent out everything from rides through services like Uber and RideShare to vacation rentals from Airbnb and VRBO. These innovative companies have changed the way people book car service and travel accommodations. How will such collaborative consumption impact shopping centers, commercial real estate and office buildings? For one thing, expect to see more shared office and retail space in the future.


Duffy C. Weir is the contributing Trends Editor for Specialty Retail Report. She’s been a trend spotter for the magazine for over a decade and has more than 30 years experience as a director of specialty retail. She is now an independent retail marketing and sponsorship consultant. Weir travels the world searching for what she says “makes marketplaces tick.” She can be reached at Duffyllc@comcast.net.


38 Specialty Retail Report n Winter 2017 SpecialtyRetail.com


Star


Wattage


The Sharing Trend


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