article thumbnail

Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Is that even possible coming out of a year like 2020? This year, like most, catalyzed some nascent trends and kicked a few in the teeth. One futurist we know said, “2020 was so weird I didn’t even get a chance to be wrong.”. Some experts feel that the move toward building more sustainable supply chains lost some mojo in 2020.

article thumbnail

The ones to watch: Retail trends that should be on your radar

Inside Retail

The unprecedented disruptions of 2020 unravelled retail assumptions and exemplified retailers’ resilience in the face of drastically changed customer demands. So, what’s in store for retail in 2021 and beyond? Gen Z will continue solidifying itself as the main driver for retail in an all-digital world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Do-or-Die Retail Trends for 2022

Independent Retailer

New AI and machine learning tech will help brands to spot underperforming SKUs at specific locations, based on data pouring in from across the retail organization, and help managers and frontline teams to quickly identify unshelved products, missing price-tags, or other problems. Looking to the Future.

article thumbnail

More Private Label, Smaller Store Footprints: How COVID-19 Is Accelerating Existing Retail Trends

Retail TouchPoints

That’s why retailers and their ecosystem partners can better prepare for the future by understanding where they were already headed and compare it to the new trajectories created by the coronavirus. The reported focused on long-term trends, with an eye on how they have shifted in the relatively short window of COVID-19 activity. . “I

article thumbnail

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. . Location, Location, Location. Tracking location data along with customer data can help stores better prepare for 2021. Now’s the time to start planning for your Q4.

article thumbnail

Innovate And Automate: How To Optimize Fulfillment In The E-Commerce Era

Retail TouchPoints

With such high standards set, other retailers must now keep up. In fact, MHI’s 2020 Industry Report found that “customer demand on response times” was one of the top challenges in the supply chain today. Retailers facing limited storage capacity and strained fulfillment operations may find outsourcing an effective choice.

article thumbnail

The Logistical Nightmare Before Christmas: How to Avoid it

Retail TouchPoints

The 2020 holiday shopping season is anticipated to be remarkably different than any in recent years, especially when it comes to where people are expected to shop — online. With this in mind, delivery, logistics and distribution of inventory need to be top of mind for retailers.

Shipping 149