ADVISORS

From first sketch to opening day — without losing the brand.

Concept-to-completion retail expansion for e-commerce and DTC brands opening their first one to twenty-five stores.

Our point of view

A store isn’t a transaction point. It’s the one place a digitally native brand can be experienced in full.

Our mission: give e-commerce brands the leadership to expand into physical retail with the same precision, authenticity, and brand integrity they’ve built online — without the cost or delay of building that function in-house.

Vision

The trusted concept-to-completion partner for the next generation of digitally native brands — the firm that gets a brand from its first store to its twenty-fifth without the design intent ever getting lost along the way.

Why “Vivacity”

Liveliness. Energy. The quality of a space that feels alive — and the thing most often lost in a retail build-out, diluted by value engineering, contractor drift, and too many parties with no single owner.

Accountability

The store your customers walk into is the one you approved. One senior owner is accountable for creative integrity through construction, and we tell you before the lease is signed if a site can’t deliver it.

The problem

Most e-commerce brands build their first stores blind

A team that has spent years optimizing conversion funnels rarely has in-house muscle for real estate strategy, design, or construction. The gap shows up in five predictable, expensive ways — and what gets lost isn’t only budget and schedule. It’s the engagement the store was built to create.

No real estate roadmap

Sites get picked store-by-store on whatever is available — not on customer data, mobility patterns, and competitive positioning.

Design-to-delivery drift

Materials go unavailable, fixtures miss the timeline, and value engineering quietly erodes the brand between rendering and ribbon-cutting.

The repeatability gap

A flagship that can’t be replicated at store #2, #5, or #20 without rework — because it was never built as a system.

No single owner

Architects, GCs, landlords, and brand teams each own a piece. No one owns the whole thread, so accountability falls through the cracks.

Real estate risk taken on faith

Leases are signed and capital committed before anyone with construction expertise asks whether the space can deliver on budget.

For a venture-backed brand, a blown store opening isn’t a line item — it’s a board-level miss.

Who we serve

Built for brands between “not yet” and “ready to hire it full time”

Opening your first stores

Venture- or growth-backed DTC brands, typically Series B+ or $15M–$150M revenue, planning flagship #1 and needing a roadmap, a design system, and someone accountable for delivery.

Scaling past the flagship

Brands with 2–10 stores that are hitting the repeatability gap — every new site takes rework because the first one was never built as a system.

Relaunching physical retail

PE-owned, founder-owned, or legacy wholesale brands relaunching a DTC-first retail concept with discipline on capital and timeline.

Who we typically work with: the CEO, COO, or a brand’s first Head of Retail / Real Estate — the person who knows the brand needs this expertise but isn’t ready to build a department around it.

Our approach

One vision. One thread. One owner.

Vivacity treats strategy, concept, design, construction, and opening as one continuous thread — not a relay race between five vendors — with a single senior owner accountable for creative integrity and delivery at every phase.

Strategy
Concept
Design
Construction
Delivery
Day one

Single accountable owner

One senior leader answers for budget, schedule, and brand integrity — to you and your board.

Built as a system, not a one-off

Every decision at store #1 is documented so stores #2 through #25 repeat it faster and cheaper.

Constructability before commitment

We pressure-test sites, budgets, and materials before the lease is signed and the rendering is approved.

Track record

Global real estate that turns brands into places

Vivacity is a new firm; its founder is not new to this work. Every number below comes from programs he led in-house across Bose, Saatva, Sonos, and Vornado.

20+

countries where he has delivered flagships, ground-up builds, and shop-in-shops

$500M+

global real estate portfolio managed (Bose)

$400M+

capital construction delivered across retail, workplace, and mixed-use

15%

global cost reduction through design and budget standards (Bose)

11

industry and commercial awards, including Shop! Awards for store design

3.7M SF

of commercial and mixed-use development delivered (Vornado)

Selected projects: Saatva (25 flagships) · Sonos NYC flagship, London & Berlin concept stores · West Elm shop-in-shop · Dreamscape Immersive LA · Dashlane NYC & Paris HQ · Roots Canada · Bose global HQ portfolio · Downtown Crossing Boston & Bryant Back Bay (Vornado)

Case study

Saatva: concept to 25 flagships in 40 months

As VP of Real Estate & Store Development, the founder took Saatva’s retail concept from design standard to a national flagship network — concurrently, with zero major cost overruns.

25

flagship stores opened in 40 months, in parallel, across simultaneous markets

$250M

in new revenue attributable to the retail program

$70M+

capital construction delivered with zero major cost overruns

10x

revenue growth tied to the build-out program

2x

lift in local brand awareness in markets with a store

3 years

average four-wall payback period per store

Saatva flagship interior
Saatva flagship interior — the design standard, built as approved
Selected work

Settings for engagement, built as designed

Sonos NYC flagship, SoHoSonos NYC flagship, SoHoGlobal concept store
Sonos NYC listening roomSonos NYC listening roomImmersive demo suite
Sonos NYC, two-story podsSonos NYC, two-story podsCustom-fabricated fixture system
Sonos London, Seven DialsSonos London, Seven DialsFirst European concept store
Sonos London interiorSonos London interiorMusic house system adapted to a new market
Sonos BerlinSonos BerlinSame platform, third market
Saatva flagshipSaatva flagshipOne of 25 delivered in 40 months
Roots Canada, BostonRoots Canada, BostonExperiential pop-up
Founder

Chad F. Lundeen, Founder & Managing Partner

Chad F. Lundeen

Nearly 30 years delivering projects that live up to the rendering. Trained as an architect, seasoned as an operator, he owns the whole thread from concept to ribbon-cutting.

2024 CommerceXcellence Award
  • Bose CorporationGlobal Director, Real Estate & Workplace Services20-country, $500M portfolio; 15% cost reduction
  • SaatvaVP, Real Estate & Store DevelopmentConcept to 25 flagships in 40 months; zero major overruns
  • Counter MeasurePartner, Physical Platform InnovationDreamscape Immersive LA, Dashlane NYC & Paris, Roots Canada
  • SonosRetail Platform & Innovation Leader; Global Real Estate Manager$50M program across 24 countries; Shop! Awards
  • Vornado Realty Trust (NYSE: VNO)Senior Director, Retail DevelopmentDowntown Crossing Boston, Bryant Back Bay
The stakes

A growth lever — and an expensive place to learn

+34%
more spend from omnichannel customers vs. single-channel shoppers
McKinsey
+23% / –15%
higher lifetime value / lower return rate for in-store shoppers
Industry research
$250–1,500+
per square foot for flagship and elevated-boutique build-outs
Cost benchmarks
$1M+
typical first-store cost incl. construction, inventory, deposits, and pre-opening
Cost benchmarks

The upside is real. Warby Parker, Allbirds, Figs, On, and Saatva all made the leap, and capital markets now expect an omnichannel plan. So is the downside. A 4–9 month build compresses fast when design, permitting, or GC coordination slips.

What we do

Five ways to engage, one methodology

Retail Experience Strategy

Fixed-fee · 4–6 weeks

A data-driven roadmap — customer, mobility, and competitive data — that targets the right markets, right-sizes the real estate, and sets a 3-year return on capital.

Design Systems & Brand Standards

Fixed-fee · 6–10 weeks

Your brand translated into a scalable standard: layout, materials, lighting, fixtures — documented so it works across store sizes and site conditions.

Fractional VP of Retail Development

Monthly retainer

Embedded senior design-and-construction leadership for your first stores, without the cost, search time, or risk of a full-time executive hire.

Concurrent Build-Out Program Management

Per-store or portfolio fee

Hands-on management of GCs, architects, and consultants through permitting, CDs, construction, FF&E, and punch list — across parallel openings.

Site Feasibility & Constructability Review

Per-site advisory

Pressure-test a site before the lease is signed: what it will really cost to build, what will surprise the GC, and what to renegotiate first.

How we work together

Engagements that grow as your footprint does

01

Entry point

Strategy or Site Feasibility engagement

Fast, low-friction, fixed scope. You get a roadmap or a go/no-go on a specific site — and a clear read on how we work.

02

Growth

Fractional VP of Retail Development

As you commit to your first stores, we embed as your senior design-and-construction leader, owning vendors, budget, schedule, and board reporting.

03

Scale

Concurrent Program Management

When openings run in parallel across markets, we manage the whole program — the same discipline that delivered 25 stores in 40 months.

The same arc the founder has run in-house for Sonos, Saatva, and Bose — now available to brands one stage earlier, without the full-time hire.

Why Vivacity

The only option that owns the full thread — flexibly

VivacityRetail-as-a-ServiceDesign / architecture firmsLease-tech softwareFull-time hire
Owns concept → openingYesPartialNoNoYes, but slow
Single-owner accountabilityYesSharedNoNoYes
Design system built to scaleYesLimitedSometimesNoDepends
You keep lease controlYesNoNoYesYes
Flexible engagementYesNoNoNoNo
Speed to engageWeeksWeeksWeeksImmediateMonths

RaaS platforms ask you to give up lease control. Design firms hand off before construction. Lease-tech never touches design or build. A full-time executive is a six-figure bet before you know you need the role permanently.

Free retail experience report card

How ready is your brand for physical retail?

Twelve questions, three minutes. Get a provisional grade across six categories — brand translation, market strategy, real estate readiness, repeatability, accountability, and engagement — then let us add our read of your website and vision for the full report.

Grade my brand No charge · Full report within two business days

Disclaimer. The Retail Experience Report Card is an educational self-assessment based on your answers and publicly available information about your brand. Grades are indicative only, do not constitute professional, financial, legal, or real estate advice, and should not be relied on for leasing, capital, or construction decisions without a formal engagement. Vivacity Advisors makes no warranty as to accuracy or completeness and accepts no liability for decisions made on the basis of the report. Information you submit is used only to prepare your report and to contact you about it; it is not sold or shared.

Let’s build

Give your brand a place where people can experience it in full.

Vivacity brings the leadership, the system, and the single point of accountability to take your brand from first sketch to opening day — and from your first store to your twenty-fifth — without losing what made it worth building. Let’s talk about where your brand belongs next.

Chad F. Lundeen  ·  chad@vivacityadvisors.com  ·  +1 857 207 0366  ·  linkedin.com/in/chadlundeen  ·  Milton, MA