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Key retail trends for 2024 – and what you need to do about it NOW

Mike Anthony

But if retail is changing, then manufacturers and suppliers (as well as retailers) need to adjust their strategies and plans to address each of the trends, to realize the huge opportunities that each offers, and to ensure that the (equally huge) threats they pose are understood and mitigated. That’s where I come in.

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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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Always-On Shopping Fuels Brand Advertising as a 24/7 Sales Force

Rangeme

Digital advertising is surging, as consumers’ media consumption and product consumption habits migrate to online. Retail Dive. Digital advertising boom time. Digital advertising on Google. Big retailers are racing toward a $100 billion high-margin annual revenue prize in retail media. January 2021.

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What Aussie retailers can learn from their counterparts in the UK, Europe

Inside Retail

Retail trends tend to surface in the UK and Europe about 12-24 months before they reach Australia. On the ground, I can report that there are challenges facing UK and European retailers that savvy Australian retailers can learn from to plan ahead. That’s what took me to the UK this month for a fact-finding mission.

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Exclusive Q&A: EY Defines 5 Post-Pandemic Consumer Segments

Retail TouchPoints

Retail TouchPoints (RTP): What implications do the five emerging customer segments have for retailers as they plan for a post-pandemic future? That means retailers have to be transparent with their pricing, but they can go further. RTP: The Future Consumer Index also identifies some retail trends.

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eCommerce and its Profitability Issue. Why its So Hard to Make Money

Indigo 9 Digital

Even when eCommerce drove growth for many retailers at the height of the COVID-19 pandemic some retailers decided not to jump on the eCommerce bandwagon. Trader Joe’s does not offer online shopping and does not plan to. Let’s not forget about advertising. Amazon’s advertising business generated $31 billion in 2021.

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Primark’s Strategy, 4 Elements to Consider

Indigo 9 Digital

Primark is one of the fastest growing retailers in Europe with plans to have more of a presence in the United States. When you look at the retail sector it tends to be the top of the market, luxury retailers and the lower end of the market, discount stores that perform the best. Limited advertising.