CEO Express A Report from A.R.E.’s Executive Director
EMERGING AS A DIFFERENT INDUSTRY
The retail environments industry that is emerging
from this latest economic cycle will be a different
industry. There is not a lot of visibility on exactly
where we are headed or what we’ll look like, but there
are perhaps a few glimpses of our industry’s future.
If you look back, the last recession brought about a
number of changes to our industry. Almost no one in
our industry had heard of a “reverse auction” in 2000,
but by 2002 it was the hottest topic on the agenda at all
of the A.R.E. meetings that year. We emerged from the
last recession with China playing a greatly expanded
role in our industry. And, as in every recession, the list of the fastest
growing retailers shifted and reordered. Companies like Kohls and
Apple took over store expansion leadership positions from companies like Blockbuster and Circuit City. The industry serving these
retailers also shifted and changed—losing 20-plus companies per
year in 2002 and 2003 as we came out of the recession.
Our industry managers learned by experience in the last down-
turn; all evidence suggests they will emerge from this drastic reces-
sion with stronger balance sheets, less debt, and lower inventory
levels. We also recognize there will not be many retailers embarking
on huge new store construction plans in the next few years. Sales
gains will have to come from somewhere else.
A First Look at Retail
News — Continued from page 10
DEC 8-10, 2010
A quick look at just a few of the highlights
of Retail Design Collective, held Dec. 8-10 in
New York. Watch for complete coverage in our
Adel Rootstein Mannequins
Alpha Display Co Inc.
Architectural Systems Inc.
Circle Visual Inc
From the Source
Holiday Foliage Inc.
HUDSON & BROAD
Leo Prager Inc
Sellutions by Econoco
Perspectives In Print
The Royal Promotion Group
Siegel & Stockman/
Superior Model Form
Universal Display & Design