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Retail Statistics You Should Know

Small Biz Trends

The following retail stats from IBISWorld will help you understand the landscape of small specialty retail stores in the US: There are around 131,470 small specialty retail stores in the US in 2021. per year on average between 2016-2021. between 2016-2021. The better customer experience, the more sales.

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5 Examples of the Store of the Future

Indigo 9 Digital

The Chinese eCommerce giant made a move into physical retail in 2016 by opening a chain of futuristic supermarkets called Hema or Freshippo in English. For those of you who can’t make the trip to China here’s a quick overview of what these stores are like and why they provide an elevated customer experience: Scan and go.

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The 2017 Omnichannel Holiday Strategy Advantage

Wiser

If last year was any indication of the sheer power of omnichannel retailers, then we’re in for a treat again this coming holiday season. During the 2016 holidays, the International Council of Shopping Centers (ICSC) found that nearly 70 percent of purchases were made with retailers who had both a brick and mortar and online store.

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Domino’s Pizza’s Strategy for Staying On Top

Indigo 9 Digital

This allows Domino’s Pizza to own the customer experience. When restaurants use third party delivery companies they place a lot of faith in those companies to provide the same level of customer service they would offer if they were doing it themselves. Do you like this content? A strong digital business.

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Alibaba’s Strategy, 6 Things to Consider

Indigo 9 Digital

New Retail is an initiative aimed at connecting online and offline retail and digitizing stores to provide a better customer experience. While online shopping definitely accelerated in 2020, saying physical retail is more or less obsolete is not true,” said Nishtha Mehta, a China-based corporate innovation coach. “In

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Why Cool Canada Looks Smokin’ Hot Right Now: A Market Overview

Rangeme

consumer packaged goods (CPG) suppliers and retailers need to know about selling to Canadians? Let’s examine Canada’s demographics and retail trends to see why more U.S. Ongoing supply chain disruption has led more retailers and CPG suppliers to strengthen their regional trade networks to reduce logistics delays and costs.

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Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

When Nordstrom was planning its entry into Canada right round the time these luxury online retailers were getting started Nordstrom may have been unaware of these competitors or it may have underestimated how many consumers would flock to these sites. Then Saks Fifth Avenue entered the Canadian market in 2016. Do you like this content?

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