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Retail Consumer Behavior Patterns and Shifting Dynamics: The Future of Retail & Retail Trends

RETAIL MANAGEMENT SOFTWARE

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Here Are The Ten Emerging Retail Trends We Predict For 2022.

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Retail’s Future is Phygital

Retail TouchPoints

Phygital retail experiences, in which physical elements and technology coexist, offer opportunities to bring customers closer to your brand. Consumers expect a seamless interaction with a brand when and where they want it. Retailers need to make sure their in-store and online spaces can meet those demands.

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Retail Trends to Pay Attention to in Charts

Indigo 9 Digital

Retail sales in November in the United States declined by 0.6% , the greatest drop in close to a year. “A A surprisingly weak retail print indicates that the Fed’s rate hikes are starting to bite. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.

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Preparing for the Unknown: Effectively Using Data to Predict this Year’s Holiday Trends

Retail TouchPoints

Nothing about 2020 was normal — in fact, for many retailers, the phrase ‘hindsight is 2020’ is one they should reconsider using. . Despite the economic downturn, holiday sales were up 8.3%, according to the National Retail Federation (NRF). That uncertainty will cause some challenges for retailers as they look to demand planning.

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Starting a Retail Business: The 7 Trends to Tap Into

365 Retail

The omnichannel customer experience provides customers with a simple, easy-to-use shopping experience, regardless of whether you choose to shop online or in brick-and-mortar shops. . Online retailers must ensure their company website and apps are mobile-friendly and easy for customers to navigate. Relaxation Products.

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3 Unexpected Benefits of Fast Fulfillment

Rangeme

What Fast Fulfillment Means to Consumers. Most retailers’ supply chains were not prepared for the abrupt switch in transportation and fulfillment needs or the sudden spike in consumer demand. . According to consumers, promising fast shipping sells. 3 Unexpected Benefits of Fast Fulfillment. More Sales.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

Since 90% of the United States population lives within 10 miles of a Walmart store this move has become a game changer for the retailer. Consumers love shopping online but what they really want is control. Be honest, before the pandemic weren’t you were part of the vast majority of consumers that had never tried curbside pickup?