Like any retailer, you’re likely currently in the midst the busiest time of the year – for instance, the recent Singles Day and Black Friday. The holiday season also brings with it increased activity and revenue as customers flock to your website or your physical store to complete their shopping. While lots of preparation goes […]
The retail industry has faced several changes over the past few years, including increased online trade, digitalization within stores, changes to the workforce and even shoppers’ preferences. These changes have led to further innovation in physical retail stores and even accelerated some existing developments. One such advanced technology that is gaining a lot attention in […]
The physical retail industry is constantly looking at ways to use technology to tackle their biggest challenges, especially when faced with increasing competition from online counterparts. The retail pharmacy sector is no exception and due to market shifts and changing restrictions, some have undergone a bit of an evolution. They have moved beyond simply distributing […]
Ecommerce and online shopping have become the bedrocks of the retail industry and we’re now in the middle of a third retail shift, characterized by automation, social engagement and hyper personalization. According to a new report titled ‘Radical retail 2030’, shoppers and communities are increasingly becoming co-creators, and the physical world is merging with the […]
Millennials and Generation Z are now among the most affluent luxury brand consumers and their digital-led-approach to shopping is influencing global luxury trends. This market also demands personalized and seamless experiences, both in their online and offline activity. Meanwhile, in their consumer preferences, they are highly concerned with sustainability, and are placing increased demands on […]
While the significant spike in online retail volume has declined somewhat since the Covid peak, its trajectory continues to rise. In the US, at the end of last year, total e-commerce trade as a share of total retail sales reached 13%, while in the UK the current figure is more than 26%. This increase continues […]
