The rise of experiential commerce

“$43 million and the only thing you can buy in it is a coffee.”

So said Samsung’s Senior Director of Store Development Michael Koch about the company’s flagship Manhattan “popup”—Samsung 837—though “popup” is an understated description for a 56,000 square-foot cavern with interactive art, virtual reality, lounge areas, a recording studio, and a three-story 96-screen display wall. The most shocking thing about it isn’t what’s there, but what Koch, who led the project, says about the place:

“I don’t want you to…

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