Flagship stores
Flagship
stores, or simply
flagships, are main stores from
retailers designed to serve a
mainstream of customers. Most
noticeably, flagships are found in
prominent shopping districts (e.g.,
Ginza, Madison Avenue, etc.) that
are targets for a main set of
worldwide high-income
shoppers.
Because of this, shopping at an
upscale flagship is seen as high
social/economic status. Flagships
are, as well, larger in retail size
(bigger than its retailer's
outlets
and in
mall stores) and hold the
most volumes in merchandise. These
stores become a more preferred
shopping destination for the
retailers' goods. Flagships are
meant to overshadow its sister
stores in its area.
For example, the brand
Abercrombie &
Fitch holds 359[3]
mall stores in the U.S. and operates
two flagships in the country: one on
Fifth Avenue and one at The Grove at
Farmers Market to serve people on
the east coast and the west coast of
the U.S. (respectively). The brand
also marked expansion into the
United Kingdom with a flagship in
Savile Row and will add stores
around the flagship. Meanwhile, it
is preparing to launch a flagship in
Ginza to mark Asian expansion.[4]
Many other upscale retailers
operate flagships worldwide. This
includes but is not limited to the
following brands:
Prada,
Louis Vuitton,
Polo Ralph Lauren (which claims
its flagship in
Tokyo, Japan to be a milestone
for the brand),
Dior, and
The Apple Store among numerous
others. The A&F brand,
Hollister Co., is slated to open
its first flagship by 2009.[5]