In this special episode of the Retail Rundown Podcast, we’ll take a deeper look at the state of the grocery industry as we hear insights from TD Insights’ Tony D’Onofrio, Anyline’s Marc Babin, Studio Rx’s Carl Boutet, Retail Transformation Show host Oliver Banks, and ChoZan’s Ashley Dudarenok.
25% of USA Malls will close. E-commerce will account for 21.2% of total retail sales. Mall traffic still down 38%. Take a stand on take a seat. Only 15%of retailers have implemented personalization. 1.5 billion people globally will use mobile wallets this year
Countries that lead vaccinations, COVID-19 Deaths, Grocery Net Promoter Scores and WOW on Amazon, CEO Priorities in business and technologies for 2021.
60% would like to see Amazon Go in their area and 54% described experience as excellent. NRF states USA sales to be up 6.5% to 8.2%. Grocery BOPIS +27% in 2020. 1 in 4.2 grocery items out of stocks in 2020. Self-checkout +178% next two years
Israel leads the world with 72.58 per 100 people already vaccinated. Nike is No.1 global apparel brand. No.1 Best retailer to work for in USA is Costco. Walmart to spend $14 billion next year on innovation. Global GDP up 4.2% in 2021. Even with pandemic, the number of USA retail robberies are stable.
Retail sales to rise fastest in a century in 2021. 31% of consumers won't get or are not sure if they want to receive a vaccine. Special guest John Voytilla speaks about LPRC @Strategy event.
Wild card retail trends 2021. Nine provocative 2021 trends. Ten Retailers ruling BOPIS and curbside. Key retailers lessons from this week's data.
39% purchased from new brands during quarantine and 88% plan to stick with them. Retail sales to be up 4.7% in 2021. Agree with Top 5 priorities for retailers and interesting top 5 tech initiatives for 2021.
523 Retail fatalities in 2020, up 40% in last five years. 123 store associates killed in 2020, up 41% from 2019. E-commerce soared to $795 billion, up 32%. E-commerce 19% of total retail sales in 2020. Consumers want time and more convenience.
Retail investment priorities for 2021 according C-Suites executives: Digital acceleration 88%: Supply chain resilience 78%; Health and safety 78%; realign cost structure 72%. Retail trends to watch.
71% name lack of real-time inventory visibility a top issue. Big tech backlash continues. A great rethinking of the office. Safety now a Top 3 consumer purchase driver. 10 years forward in 90 days. The 1.2 billion hours per week shopping journey.
The Top 10 highest CCTV global surveillance cities. Returns to reach $280 billion from holiday season. Retail boom and bust trends from 2020 in ten charts.
USA ORC $719,548 per $1 Billion in sales, 35% did more holiday spending in November, BOPIS 4 out 5 stars, Curbside 4.3 out of 5 stars, 40% bought more because of BOPIS, ten global trends for 2021, Origin of holiday traditions
IDC retail predictions on retailers on contactless applications, acquiring AI for competitive advantage, curbside retail, and intersection of security and new tech. WSJ 2020 in review and what to expect in 2021.
YTD retail robberies stable, ORC down 25%. Consumers to spend $1387 on holidays this year. Category up double digits is buying for yourself and your home. Six forecasts for the next retail decade.