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Holiday Retail Trends 2023: Essential Insights for Online Brands & Retailers

Wiser

Analyzing the holiday retail trends of 2023 can illuminate the path forward for brands and retailers and clarify the steps they need to take to stay competitive. With this knowledge, brands and retailers can tailor their future strategies to align with consumer behavior and preferences.

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From screen to shelf: NBC’s Univrs part of growing film-to-retail trend

Inside Retail

A goal of the Univrs retail shop is to add to the customer experience of going to Universal Studios, which is why it is located on the premises, rather than in a shopping centre or other location. More locations. The company is exploring the possibility of a second shop within other Universal Parks & Resort locations.

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

Inside Retail

In anticipation, retailers can modify their in-store shopping experience to drive digital: Imagine shopping in a store as your phone serves up information about a product you’ve been looking at online and directs you to the aisle where it’s located. With tech like this, the store will be a new growth channel for digital.

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Thrice the size: Oz Hair & Beauty plans 10 more shopfronts

Inside Retail

Australian hair and beauty retailer Oz Hair and Beauty will open 10 new storefronts throughout the country in a multi-million-dollar investment. Its newest location opens this month at Sydney’s Macquarie Centre. The post Thrice the size: Oz Hair & Beauty plans 10 more shopfronts appeared first on Inside Retail Australia.

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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.

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Why Typical Store Locators Are Falling Off the Map

Rangeme

The most common way to inform customers of where to find a brand’s products is via a store locator on their website. Therefore, if a brand’s product is rung up at a register within the last couple of weeks, the item could still show up as in-stock at that location. They weren’t shoppable and didn’t return any data or insights.

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

Retail TouchPoints

The pandemic also may accelerate retailers’ embrace of smaller stores located closer to shoppers’ homes. Retail was already shrinking in terms of floorspace: total square footage dropped by 4.4%. That’s where being in a position of strength during a downturn is almost a superpower. ”.