Tony D'Onofrio
Research
- July 05, 2021
Evolution of How Consumers Shop -RIS News
The powerful combination of digital shopping and brick-and-mortar stores creates a multiverse of options for consumers. When executed effectively, a comprehensive omnichannel strategy creates a flywheel effect for retailers that drives sales and consumer loyalty to new levels, a phenomenon demonstrated by successes from such omni-commerce leaders as Target, Walmart, Lowe’s, Best Buy, and Kroger.
- June 27, 2021
PwC's Global Consumer Insights Survey 2021- The global consumer: Changed for good
The COVID-19 pandemic has been one of the greatest health crises in modern history. As consumers pivoted and adopted new habits, business leaders whether changes would be fleeting or permanent. Now PwC's June 2021 Global Consumer Insights Pulse Survey reveals that the changes are sticking - signifying a historic and dramatic shift in consumer behavior.
- June 21, 2021
The Shopper Speaks: Who is the post-COVID apparel shopper? - Digital Commerce 360
2020 online apparel sales totaled $240.71 billion, which was down 20.3% from $301.84 billion in 2019. There is room for a comeback and two questions remain: how much and how quickly?
- June 14, 2021
Retailers Reflect on the Future of Stores
As most industry folks know, stores are not dying but stores are evolving. According to multiple sources, approximately 75% of global retail sales will still take place in store in 2024. And many retail pundits predict a “retail renaissance” period with people flocking to stores over the coming years. -from Rethink Retail
- June 07, 2021
How to End the Global Pandemic in 2022
The COVID-19 recovery will be driven by disease progression, de-averaged economic Impact, government policies, and business and public responses. – From BCG Executive Perspectives
- May 31, 2021
A new era for RFID in retail -Accenture
The majority of retailers (80%) said the benefits of RFID cannot be replicated by another technology. Retailers that have fully adopted RFID are reporting more than 10% ROI compared to 9.2% two years ago. Opportunities remain to continue to unlock value from RFID and deliver on promises made to customers. Accenture has studied RFID in retail for eight years. It is here to stay, and it’s growing. -from Accenture
- May 24, 2021
2021 RIS News Retail and Consumer Goods Analytics Study – Where do we go from Here?
For 2021, executives were much more optimistic, with popular responses of recovering, hopeful, stable, and transformational, demonstrating a commitment to moving forward and evolving their businesses for the long term rather than scurrying to address the immediate needs.
- May 17, 2021
Jack Hayes 33rd Annual USA Retail Theft Survey
Over 184,000 shoplifters and dishonest employee apprehensions in 2020 by just 22 large retailers, who recovered over $81 million from these thieves. The average shoplifting case value increased 13.0% and the average dishonest employee case value increased 3.8% over 2019.
- May 10, 2021
Winning Retailers – What Characteristics Separate Winning Retailers from Competitors -IHL Group (ihlservices.com)
There can be many definitions of what a winning retailer might be, but for this research we defined a winner for 2020 as a retailer that saw a total sales increase of 10% or more. Our purpose here is to highlight certain characteristics of winning retailers from a study we completed with RIS News called “Store Matters”, where we looked at retailer’s current technology installs and plans for the future.
- May 02, 2021
When Will Retail Recover? The Consumer’s Voice
While the US is ready to boom 12 months post COVID, the rest of the world is 3-12 months behind in recovery according to our recent consumer study. It was February/March of 2020 when much of the world economy came to a screeching halt due to COVID-19. Politicians deemed some retailers as “essential” and others “non-essential” leading to a $285b USD transfer of wealth from non-essential retailers to essential retailers worldwide and a $250b transfer of wealth from small retailers to larger companies. -from IHL Group
- April 25, 2021
Deloitte Global Powers of Retailing 2021
Aggregate retail revenue for the Global Powers of Retailing Top 250 companies was US$4.85 trillion in FY2019. A new section provides a short preview looking at how the COVID-19 pandemic has impacted the retail revenue growth of the Top 25 global retailers. A favorite annual report.
- April 19, 2021
Robots in Retail: Examining the Autonomous Opportunity
73% of large retailers say the importance of using robotics in warehouses or distribution centers has increased due to factors that emerged during the pandemic. 47% of retailers will be involved with an in-store robotics project within the next 18 months. -from braincorp.com
- April 11, 2021
Retail’s Frictionless Future
Each of these trends were already in place – the pandemic simply added rocket fuel to the technology adoptions. Contactless payment options are expected to grow 168% and self-checkout installs are expected to grow 136% during the next two years across all retailers. -from ihlservices.com
- April 04, 2021
RIS News Annual Retail Tech Study - Building the Future-Proof Enterprise
The retail landscape was thrown for a loop over the past 12 months, and although things are stabilizing across the industry with a return to “normalcy” in our reach, the industry is still radically different than it was a year ago. Not surprisingly, survey takers describe the current state of retail as “changing,” “transforming,” “in flux” and “unpredictable.”
- March 28, 2021
Disruption & Uncertainty – The State of Europe Grocery Retail 2021
The coronavirus pandemic has reshaped the European grocery-retail landscape at unprecedented speed and scale. Five major forces at the heart of this change came together and reinforced each other. In the “next normal,” grocery retail will once again need to rebalance its role within the broader ecosystem with restaurants and other options. -from McKinsey & Company
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It is a Small World
To begin the year with something fun, we travel to London UK to learn something new about Harry Potter. J. K. Rowling, the author, and Harry Potter share birth dates on July 31.
The houses of Harry Potter’s school, Hogwarts, were invented on an airplane sick bag while the author was traveling. Stephen Spielberg almost directed the first Harry Potter film.
The Harry Potter spells are in Latin. J. K. Rowling insisted that the actors in the Harry Potter movies be British and/or Irish.
More than 500 million copies of the Harry Potter books have sold worldwide; more than 180 million copies have sold in the U.S. alone. If all the Harry Potter books ever sold were placed end to end, they would go around the equator over 16 times. The books have been translated in 80 languages.
Harry Potter’s name is typed out 18,956 times throughout J.K. Rowling’s books. To watch all the Harry Potter movies, you need 1169 minutes.
This picture is taken at King’s Cross station where in the series Hogwarts School of Witchcraft and Wizardry students catch the Hogwarts Express.
In the wizarding world, Harry and his friends get to the platform by dashing through a brick wall between platforms 9 and 10. Meanwhile, in the real King’s Cross, platforms 9 and 10 are separated by tracks, but you can find platform 9¾ on the wall in the station concourse.
It’s a new year. Dream big. Work hard. But most importantly remember that life is a journey not a destination. Turn on the light and have some fun.
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