• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
CommentaryRetail

Reports of the retail store’s demise have been greatly exaggerated

By
Jill Standish
Jill Standish
Down Arrow Button Icon
By
Jill Standish
Jill Standish
Down Arrow Button Icon
November 20, 2025, 9:05 AM ET
Jill Standish, global retail lead, Accenture
Jill Standish, global retail lead, Accenture.courtesy of Accenture

Financial pressures may be a fact of life nowadays, but there’s no indication they’ll be putting consumers off shopping this holiday season. Quite the opposite. Compared to this time last year, a large majority of consumers plan to spend the same or more shopping for gifts, according to Accenture’s Annual Holiday Shopping Survey. 

Recommended Video

That’s the good news. Less encouraging? They’re becoming increasingly confused by the flood of offers and promotions coming their way. Overwhelmed by choice, 85% of shoppers (as many as 91% of millennials) say they’re likely to walk away from purchases altogether due to frustration or indecision. 

An outstanding opportunity within reach

For brands and retailers, this all adds up to an outstanding opportunity to stand out from competitors, build trust with consumers and boost sales. 

And this year, gen AI tools provide part of the solution. By enabling curated, personalized recommendations, they can take a lot of the noise out of the online shopping journey, help to build shopper confidence and facilitate purchasing. 

The data backs this up. In preparation for Black Friday, 46% of US shoppers plan to use conversational or gen AI tools, with 66% of consumers having used them in the last three months (vs 39% in last year’s survey).

Deck the malls

But the in-store experience is just as crucial. That’s because physical stores can play a key part in offsetting shoppers’ stress and providing what they really want: helpful answers and expert assistance, along with the ability to handle and test products before they buy them.

While gen AI can help narrow choices, stores offer in-person interaction, curated displays and a festive experience that tech can’t match. Four in 10 consumers are turning to stores for clarity, inspiration and the chance to connect with people. 

Stores have the experiential advantage

As e-commerce increasingly dominates for convenience purchases, retailers are rethinking their store strategies to make physical spaces more than just transactional hubs. 

Consumers expect more than shelves of products. They want environments that engage their senses and emotions. Retailers are responding by transforming their stores into immersive experience-driven environments. 

Just look at how Rituals turned some of its stores into wellness sanctuaries with in-store spas, or how Canada Goose offers “Cold Rooms” where customers can test outerwear in simulated harsh climates. Meanwhile, mattress retailer Casper has set out to create calming, restful stores that embody the spirit of the brand – and inspire good-looking user-generated content. 

The power of local 

In another growing trend, brands and retailers are designing stores as social and community hubs where people gather for events, workshops, and entertainment. 

This often means going smaller, more local, and more closely tied to the community. In doing so, they’re able to gain new insights into where their brand sits within each different catchment area by leveraging data on foot traffic, sales, and customer demographics. 

Ikea, for example, introduced a variety of format stores so people can access the IKEA range in the areas ‘where they live, move and work.’ These range from time-limited pop-ups to small stores dubbed “IKEA shops,” that focus on a locally adapted segment of the IKEA range and carry items for immediate take-away, to its iconic big blue stores. 

Other examples include shopping centres featuring food halls, music venues, and cultural activities that foster community engagement. In the UK, the Brunswick Centre in London blends retail with cultural programming and community workshops (gardening, art) so that users are drawn in for more than just consumption.

Physical stores also play a critical role in buy-online-pick-up-in-store (BOPIS), returns, and same-day delivery, making them strategic assets in omnichannel retail. BOPIS isn’t just a fulfilment convenience. Retailers are also using it as a channel to bring customers into stores to drive additional sales.

Strategies for holiday season success

So how can brands and retailers fine-tune their stores for the holiday season? The top priority should be investing in in-store experiences – with an emphasis on ambience, exclusivity and easy returns. 

As the holiday season approaches, stores can become increasingly stressful places. But it doesn’t have to be that way. Instead, retailers need to evolve their stores into dynamic spaces that inspire, advise, fulfil and offer respite for shoppers. 

Retailers should integrate digital storytelling, guided discovery and intelligent checkout into every floor plan. 

Memory-making moments that last

In a season routed in nostalgia, retailers can take heart that despite financial pressures, shoppers are still planning to treat themselves and others, with many planning to visit bricks-and-mortar stores for human connection, inspiration and to soak up the festive ambience. These are memory making moments that have potential to last well beyond the holidays. By taking thoughtful steps to help shoppers find real value and supporting experiences that feel good in-store and online, retailers have an opportunity to turn holiday shopping into what it’s meant to be: a rewarding experience for consumers, employees and organizations alike.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

About the Author
By Jill Standish
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Jill Standish is a senior managing director and global head of Accenture’s Retail industry group, responsible for the overall vision, strategy, investment priorities and offering development. With over 30 years’ experience in retail sales, marketing and consulting leadership, she is focused on helping retailers to transform into resilient enterprises. She serves on the Board of Directors for the Retail Industry Leaders Association (RILA) and plays an active role in a number of industry bodies.


Latest in Commentary

brotman
CommentaryVenture Capital
I’ve spent 25 years in venture capital. Here’s how it quietly shut ordinary Americans out of the AI wealth boom—and what could fix it
By Steve BrotmanMay 22, 2026
4 hours ago
cox
CommentarySuccession
McKinsey studied 200 family business successions. The biggest problem wasn’t the heir — it was the outgoing CEO
By Acha Leke and Chaitali MukherjeeMay 22, 2026
5 hours ago
himanshu
CommentaryLayoffs
I’ve led companies through every major tech disruption. AI washing is the same mistake, every time
By Himanshu PalsuleMay 22, 2026
8 hours ago
trump
CommentaryWhite House
Trump Accounts have a bigger problem than billionaire stock donations
By Jin Huang and Stephen RollMay 21, 2026
1 day ago
brigham
CommentaryRailroads
The U.S. freight network is broken by design. One merger could start fixing it
By Brigham A. McCownMay 21, 2026
1 day ago
Elon Musk sits with his fists together, looking up.
Commentaryspace
SpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it
By Tejpaul BhatiaMay 20, 2026
2 days ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
1 day ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
2 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
3 days ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
2 days ago
Current price of oil as of May 21, 2026
Personal Finance
Current price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
1 day ago
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
AI
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
By Emma BurleighMay 21, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.