Strandbags unveils new retail store experience at Chadstone

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Luggage and handbag retailer Strandbags launched a new concept flagship store in Chadstone Shopping Centre over the weekend – the first step in a new bricks-and-mortar strategy which will see some stores triple in size over the next three to five years.
With handheld payment devices freeing up staff and digital screens showing video and digital content, the Chadstone flagship store is Strandbags’ effort to deliver a world-class shopping experience.
Strandbags managing director Felicity McGahan said the store was fitted to be unique and engaging, but also to give customers the freedom to shop for what they want, how they want, when they want.
“Digitisation is giving the customers complete control. They’re in control of us, they’re savvy,” McGahan said.
“Sixty-four percent of our customers have already researched online before they walk into our stores. So, how do we create a space that supports that? Where they can come in and really engage with the brand?
“We’ve got to give them a reason to get off the couch and come in-store, and not let them down when they get in there. Trying to find that balance has been really important.”
According to McGahan, the Chadstone flagship is the first in a new line of Strandbags stores, underpinning a complete redesign and refresh of the core brand.
Contrary to many of its peers, this refresh is not part of a turnaround strategy, or an effort to stave off slowing sales – with the business selling a handbag every five seconds, a wallet sold every six seconds, and a suitcase every 12 seconds.
“There’s a saying: The time to fix the roof is when the sun’s shining,” MacGahan said.
“It’s not a broken business, and I’ve spent a lot of time understanding what makes it successful. This is about evolution. We’ve got to keep moving, keep changing. Retail is changing, and the experience is very important.”
The luggage retail market is growing at a rate of five percent year-on-year, according to McGahan, which has enabled the brand to quietly grow its footprint.
In the last year, Strandbags has up-sized 25 of its stores and is looking to do the same across many more over the next three to five years with the improvements seen in the Chadstone flagship to be rolled out across its store fleet.
“We see a mega-store opportunity. We see large stores as well, and then obviously core stores as well. Chadstone is just another proof point to say that this is the right strategy,” McGahan said.
Questions & Answers
Q.What is the new strategy for Strandbags stores over the next three to five years?
What is the new strategy for Strandbags stores over the next three to five years?
The new strategy involves some stores tripling in size, aligning with a new bricks-and-mortar approach. This refresh underpins a complete redesign and update of the core brand for future growth.
Q.What technological features have been introduced in the new Chadstone flagship store?
What technological features have been introduced in the new Chadstone flagship store?
The Chadstone flagship store features handheld payment devices to free up staff and digital screens for video and content. These technologies aim to give customers more control over their shopping experience.
Q.Why is Strandbags undertaking this store refresh now, rather than during a downturn?
Why is Strandbags undertaking this store refresh now, rather than during a downturn?
Strandbags is undertaking this refresh as an evolutionary step, not a turnaround strategy, as the business is not struggling. The managing director states it's about updating while the business is successful and the market is growing.
Q.How many Strandbags stores have been up-sized in the last year?
How many Strandbags stores have been up-sized in the last year?
In the last year, Strandbags has up-sized 25 of its stores. They plan to continue this trend across many more of their locations over the coming three to five years.
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