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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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Staying Competitive: Keeping Up With Amazon

Rangeme

As retail catapults into the future, companies can’t afford to get left behind. Leading the way in industry influence, Amazon shapes global retail standards and shopping habits. Now retailers are doubling down on AI for faster processes that make the customer experience more convenient. Supermarket News.

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Tesco’s Strategy for Gaining Market Share

Indigo 9 Digital

That means they can securely and reliably shop us for everything at really great value, all the time.” That reduces the need to shop at discount grocers. So it fulfils our strategic desire to make sure our customers can shop with us wherever, whenever and however they want.” Retail media. Loyalty program.

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The Future of Retail: 9 Ways Alibaba is Redefining Retail Stores

Indigo 9 Digital

A Hema supermarket in China. By Tricia McKinnon If you want to know what the future of retail looks like perhaps it’s time for you to take a trip to China. China is considered to be two to three years ahead of the United States when it comes to merging digital with offline retail. Neither should brands and retailers.”

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How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

. ‘We’re going to see a lot of bare shelves’: Retail preps for a holiday beset by supply chain pain. Retail Dive. To avoid out-of-stocks, many companies have conscientiously prepared for an earlier surge in holiday shopping. Study: 98% of retail execs report supply chain issues ahead of holidays.

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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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Retailers Focus On Customer Experience With Store Remodelling

Rangeme

At the height of the COVID-19 pandemic, it seemed as if the demise of physical retail was imminent. With stores forced to close, the popularity of e-commerce accelerated and many retailers wondered if in-store shopping would ever return. Another priority for retailers is to focus on digitalizing the store. In the U.K.,