Can David's Bridal Make Outlet Shopping Feel Luxury? | Fast Five Shorts
David's Bridal has launched a new outlet shop-in-shop concept, combining discounted dresses with its traditional bridal shopping experience.
Chris Walton and Josh Hahn debate whether luxury and value can successfully coexist under one roof, why bridal retail is different from traditional apparel, and how thoughtful merchandising could make this concept a winner.
▶️ Watch the full Fast Five episode here: https://youtu.be/_GsTHL9DBYA
00:00 - Untitled
00:00 - Introduction of David's Bridal Outlet Shop
00:41 - Bridging Retail Strategies: The Discussion on David's Bridal
01:52 - Discussion on Retail Strategies
02:48 - The Shift in Perspective on Bridal Shopping
03:19 - Understanding Wedding Shopping Dynamics
04:18 - Navigating Wedding Store Options
David's Bridal debuted the Outlet Shop by David's Bridal, which is a hybrid outlet plus full price shop and shop concept that opens opened up Inside its existing McAllen, Texas location with more locations planned this year, according to Retail Dive.
Speaker AThe outlet shop and shop opened earlier this month per a July 14 press release.
Speaker AAnd David's Bridal is currently evaluating additional locations to open throughout the country this year.
Speaker AThe store now features discount wedding, bridesmaid, guest prom and mother of the bride dresses.
Speaker AI guess that's the thing.
Speaker AI didn't even think about that until I read this alongside the retailer's full price assortment, giving shoppers a one stop shop experience at a single location.
Speaker AJosh, I can't think of anything more out of place than two dudes discussing bridal retailing.
Speaker ABut as a lifelong retailer, do you think selling both bargain hunting and luxury under one roof is a wise move for David's Bridal?
Speaker BYeah, so as you mentioned, Chris, I am definitely not the Target shopper here.
Speaker BI have never been in a David's Bridal, but I do think this can work.
Speaker BBut I think it's all about how they execute it in the store.
Speaker BSo, you know, the store experience for, for the discounted product I think has to feel separate in my opinion.
Speaker BI think, you know, they have to protect the brand and not turn away the shoppers that are maybe looking for this more elevated experience.
Speaker BIf you have a bunch of discounted product, you know, sitting nearby on a crappy rack with orange stickers like it's not going to work great and be a good reflection of the brand.
Speaker BBut I'm sure they've thought through that and that's not their plan.
Speaker BAnd I think from a customer side of things, you know, I think people will appreciate the value options that this, this gives them.
Speaker BAnd especially you know, kind of in the macroeconomic environment we're in today where, where value is king.
Speaker ASo Josh, going back, let's take Gap as an example.
Speaker ASo like, so it sounds like you sounds like net net.
Speaker AYou're kind of, you kind of like this move from David's Bridal.
Speaker AIs this something you would advocate like a Gap to do?
Speaker AShould they combine their Gap stores with their Gap outlets into one under the roof experience?
Speaker BI don't, I don't think I love that.
Speaker BI think, you know, David's Bridal feels like a smaller, more, you know, kind of intimate, more service focused experience than like a Gap or another retailer.
Speaker BBut I wouldn't love that.
Speaker BI don't think.
Speaker BAnd they kind of do that with it's just clearance.
Speaker BRight.
Speaker BToday.
Speaker BRight, right.
Speaker BWhere the outlets are just getting the clearance product and they're selling a bigger assortment of that.
Speaker BAnd so it exists in those stores today.
Speaker BIt's just not, you know, a separate experience.
Speaker BI don't think they need to do that.
Speaker ARight, right, right.
Speaker AYeah.
Speaker AI think for the average retailer is why I asked the question.
Speaker ALike, I hate this idea for the.
Speaker AYeah, you do, too.
Speaker AYou hate it, too, for the average retailer.
Speaker AYeah.
Speaker BI don't think it would work well in the average retailer.
Speaker BI think it's more, you know, this isn't a very.
Speaker BSomething you do very often.
Speaker BRight, yeah.
Speaker ARight.
Speaker AAnd I think the reason for that and, and when I first read the headline, I was like, I hate this move.
Speaker AI hate it.
Speaker AI hate it.
Speaker ABut then I got thinking about it and I was like, but bridal shopping is different.
Speaker AIt's different than everyday weekend clothes shopping, you know, or every, you know, every few weeks clothes shopping, you know, because it's occasion shopping.
Speaker AAnd so it could make sense in regards to how do.
Speaker AHow does David Brighter bridal.
Speaker AExcuse me, Capture more of that occasion?
Speaker AWill that work for that?
Speaker ABecause it's such a defined period of time in people's lives that they're only going to spend so much time doing it.
Speaker ASo.
Speaker ASo I think it just might work for.
Speaker BFor.
Speaker AFor that reason, because it gets more wedding shoppers in the doors, which is what I think you ultimately want.
Speaker AJosh, am I onto something there?
Speaker ADo you agree with the whole occasion premise?
Speaker BI do agree, and I also think that these are a lot of the time, they're big ticket items, right?
Speaker BYeah.
Speaker BSo when you're going to go spend hundreds of dollars on a dress and you maybe don't have the budget to do that, and you can go spend, you know, a couple hundred, 150, something like that, it feels like you have options where it's different.
Speaker BWhen you go in a Gap or, you know, you go to another apparel retailer where there is a variety of price, you know, a lot of the time, or you're picking the retailer based on price.
Speaker BBut when you're spending a lot of money on a dress or something for your wedding, I think.
Speaker BI think the having, you know, tiers in pricing makes sense.
Speaker AYeah.
Speaker AOr you're at a mall and there's lots of options for those, you know, different specialty barrels, too.
Speaker ALike here, like, you know, there just aren't that many wedding stores and you only have so much time.
Speaker ASo I think of it like home and furnishing shopping a lot of ways like there's, there just aren't that many wedding stores and you only have so much time in the day.
Speaker AAnd so how do you just get that all done?
Speaker AWhat's the job you need to do to your point on that high ticket item?
Speaker AAnd how do you see what's most available to you and therefore what you want to purchase, given the options?
Speaker AAnd so, yeah, I think they're, I think it's a, it's a timeshare grab play here at the end of the day.