Tony D'Onofrio
Tony as Co-Host/Guest
Loss Prevention Research Council Weekly Series - Episode 73 - Country with most people behind bars and Ten Brands Founded 10 Years Ago
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Top 5 five countries with the most people behind bars per 100,000 of national population, Ten Brands Founded 10 years Ago in USA and How they have Succeed. The Impact of the Delta Variant on Consumer Shopping Trends. 76% of shoppers loaded up on cleaning supplies last year, compared with 63% in July.
Loss Prevention Research Council Weekly Series - Episode 72 - USA 2021 Retail Shrink Survey and the Trillion Dollar Club
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
When will your country recover from the pandemic? Which companies belong to the elite Trillion Dollar Valuation Club? NRF USA Retail Security Survey 2021. Despite the many new avenues for shrink, the overall rate of shrink remained relatively steady compared with 2019. While that can be seen as good news, it is worth noting that it remains above the five-year average.
Loss Prevention Research Council Weekly Series - Episode 71 - Amazon Opening Dept Stores and the REAL USA Retail Shakeout
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Year to date for 2021 through July overall USA retail sales in the key sectors are up18.8% and excluding pure play online, retail sales grew 19.2%. Amazon reportedly is planning to open department stores. The number of chains adding stores increased 66% in 2021. The number of chains closing stores decreased 67%. For every chain closing stores, 4.3 chains are opening stores.
Loss Prevention Research Council Weekly Series - Episode 70 - Vaccination Race and the Critical Marketing Trends
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Top 3 countries leading full COVID19 vaccinations: UAE, Bahrain, Israel. Global COVID19 cases climb to 200 million. the pandemic has had a significant impact on shipping costs, which have increased by around 350% since May 2020. There are 1.88 billion websites today. 65% of consumers have cut ties with a brand over a single poor customer service experience.
Loss Prevention Research Council Weekly Series - Episode 69 - Holiday Sales Trends and One Minute on the Internet
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
57% of respondents plan to conduct the majority of their holiday shopping online. Interested in following virtual experiences this holiday season: Virtual showrooms 45%; Viewing products in augmented/virtual reality 44%; Shopping while watching a livestream 34%. In one minute $1.6 million is spent shopping online. Share of in-store sales will decline to 62.4% by 2025, down from about 70% this year and from 87% in 2015.
Loss Prevention Research Council Weekly Series - Episode 68 - Second Half 2021 Forecasts and Trends Six Months On
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
The global economy is now experiencing a fast recovery with growth likely to approach 6% in 2021 and continue at 4.6% in 2022. USA retail sales are expected to grow between 10.5% and 13.5% in 2021. China 2021 retail sales are expected to grow 14.7%. Retailers in the U.S. will spend $223 billion more in the second half of 2021 than in the same period in 2020. Trends that will define 2021 and Beyond: Six Months On,
Loss Prevention Research Council Weekly Series - Episode 67 - Cost of Doing Business and Future Shopper Trends
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
The top 3 and percentage that Americans report these aspects of their lives have returned to normal: 59% socializing with friends and family; 52% shopping; 51% Parenting / Raising children. It costs $725 in USA to start a business. Only $166 in Canada and $1464 in Mexico.It only costs $17 in UK to start a business. $320 in France. $741 in Spain, and $528 in Germany.. Top 3 reasons that would encourage shoppers to buy directly from brands: 58% better price; 51% Free Deliver; 36% Free Returns.
Loss Prevention Research Council Weekly Series - Episode 66 - Highest vaccinated USA states and Retail Return Rates
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
As of July 4, 2021, 172 million people in the U.S. (67 percent of the adult population) have received at least one dose while 156 million (46 percent) are fully vaccinated. Vermont currently leads the U.S. by share of inhabitants fully vaccinated. North America’s current mood is happy. Consumers returned roughly $428 billion in merchandise last year, or about 10.6% of total retail sales in USA. Back to School USA spending represents a 16% increase from 2020 and is also greater than pre-pandemic levels.
Loss Prevention Research Council Weekly Series - Episode 65 - Vaccination Race and Traveling Internationally During COVID
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
The top 3 countries leading with vaccinations. 56% of global consumers are more price oriented. 54% are focused on saving, 51% are digital, 50% are more eco-friendly, 49% are more healthy, 46% are more data conscious, , 43% want to shop more local. What’s it like to travel internationally during COVID-19?
Loss Prevention Research Council Weekly Series - Episode 64 - Consumer Trends and Global RFID Retail Adoption
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
The current comfort level of going to a restaurant, shopping mall, or on vacation. 53% of consumers are now buying things online more than normal, with almost 8 in 10 shoppers (78%) expected to increase online purchasing over the next 12 months. North America leads the trend of RFID adoption with 93% of retailers reporting that they use RFID in various stages of deployment. In Europe the adoption rate 77% with 8% piloting, 37% implementing, and 32% with full adoption.
Loss Prevention Research Council Weekly Series - Episode 63 - Shoplifting and the State of Physical and Online Apparel Stores
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Shoplifting ruling the roost at big city stores, pharmacy chains. 2020 online apparel sales totaled $240.71 billion, which was down 20.3% from $301.84 billion in 2019. The top 3 reasons that inspired shoppers to make apparel/accessory purchases. The top 3 projected online growth categories in 2021. 41% of consumers feel that new tech would add value to the shopping experience.
Loss Prevention Research Council Weekly Series - Episode 62 - Coronasommia and the Rise of IoT
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
NRF anticipating USA biggest growth year since 1984. About 60% of U.S. consumers now buy groceries online. 46% have experienced poor sleep during the pandemic.The top five sources of anxiety about returning to the workplace. In 2021, the projection of connected smart devices is 46 billion, up from 35 billion in 2020. 61% of companies say that the return on investment on IoT projects are significant.
Loss Prevention Research Council Weekly Series - Episode 61 - How to end the pandemic and the future of retail computer vision
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Based on current plans, it will take until 2024 to emerge fully from the pandemic.In the first quarter of 2021, digital commerce grew 58%. The Top 5 reasons global internet uses bought products online in 2020. In 2021, the major milestone of over 1 billion CCTV cameras installed around the world. The global computer vision market is expected to grow from $2.9 billion in 2018 to over $33 billion by 2025.
Loss Prevention Research Council Weekly Series - Episode 60 - Coronavirus Origin and Latest on RFID in Retail
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
49% ask friends for advice before buying a product or service. 74% of USA homicides through firearms. Physical stores go-to method for 78% of consumers for everyday essential items. North America RFID adoption at 93%. APAC and Europe RFID adoption at 77%. Retailers that have fully adopted RFID are reporting more than 10% ROI.
Loss Prevention Research Council Weekly Series - Episode 59 - Generations Impact on Retail and Top 5 Physical Security Trends
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
67% of Gen Z shop in store most of the time. Baby Boomers have highest economic power at 43.4%. If Bitcoin were a country, it would rank 29th in world in power consumption. Retail ranked 5th as most trusted industry in protecting data and privacy. SOCs market size is expected to reach a CAGR of 11.9%.
Sponsored Content
Top 3 Weekly Essentials
Chain Store Age
Harvard Business Review
It is a Small World
“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
Categories
Brilliant Research
World Happiness Report 2024
The top 10 countries have remained much the same since before COVID. Finland is still top, with Denmark now very close, and all five Nordic countries in the top 10. But in the next 10, there is more change, with the transition countries of Eastern Europe rising in happiness (especially Czechia, Lithuania and Slovenia). Partly for this reason the United States and Germany have fallen to 23 and 24 in the rankings. - A partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and the WHR’s Editorial Board. Read more
Smart Infographic
ChatGPT Statistics - Users, Revenue (March 2024)
ChatGPT has over 180.5 million monthly users as of March 2024. Nearly 15% of the ChatGPT users are from the United States. More than 92% of Fortune 500 companies are using ChatGPT. atGPT is forecasted to generate a revenue of $1 billion in 2024. 53% of the readers failed to identify ChatGPT written content as AI-written. – From Demandsage.com
Insightful Videos
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
