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Probably a good time to buy Disney stock.
Probably a good time to buy Disney stock.
The Walt Disney Company, with the help of Steven P. Jobs and his retailing team at Apple, intends to drastically overhaul its approach to the shopping mall.
Stephanie Diani for The New York Times
Jim Fielding, president of Disney Stores Worldwide, leading a tour, says, Its time to take risks.
At a time when many retailers are still cutting back or approaching strategic shifts with extreme caution, Disney is going the other way, getting more aggressive and putting into motion an expensive and ambitious floor-to-ceiling reboot of its 340 stores in the United States and Europe as well as opening new ones, including a potential flagship in Times Square.
Mr. Jobs provided access to proprietary information about the development and operation of Apples highly successful stores, and Disney executives visited Apples research operation in Cupertino, Calif. Mr. Jobs, who declined to comment, also insisted that Disney build a prototype store to work out kinks, a costly endeavor that most retailers skip.
Disney will adopt Apple touches like mobile checkout (employees will carry miniature receipt printers in their aprons) and the emphasis on community (Disneys theater idea is an extension of Apples lecture spaces). The focus on interactivity parents will be able to book a Disney Cruise on touch-screen kiosks while their children play reflects an Apple hallmark. Employees can use iPhones to control those high-tech trees.