Over 3,800 more stores are opening than closing in 2018. As well, through first seven months USA retail sales are up $190 billion, equivalent to the total annual sales of all of Scandinavia (Denmark, Firland, Norway, and Sweden). Great IHL Services follow up free research.
The top 10 M&A trends discussed in this report represent a summary of what KPMG Consumer & Retail sector specialists across KPMG global network believe will shape the global industry in 2018.
Missed this KPMG retail report earlier this year. Customer experience will overtake price and product as the key brand differentiator by the year 2020. Fully agree.
Retailers are making significant investments in this technology and the retail industry is the third-largest end-market for its application, according to market intelligence firm Tractica. A Coresight Research Report.
Quite simply: Winners have vision. That vision includes a tech solution that rolls across channels along with consumers. Winners want more mobile ways to address customer needs, more ways to track what a shopper might have been looking at online before she walks into a store, more ways to give employees – whether in a store, a call center, or a chat window – access to that information; the lot of it. - RSR Research
92 countries are less peaceful, while 71 countries are more peaceful this year. The Sydney-based Institute for Economic and Peace non-profit uses 23 qualitative and quantitative data indicators–like the number of refugees and internally displaced people, political terror, the impact of terrorism, and violent crime rates. Where does your country rank?
Consumers are more likely to shop at retailers that align next-gen technologies to their digital preferences, however, in many cases, retailers don’t offer the capabilities that impact consumers’ shopping preferences. Great new data.
The Global Innovation Index (GII) provides detailed metrics about the innovation performance of 126 countries which represent 90.8% of the world’s population and 96.3% of global GDP. Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication.
To better understand how retailers are preparing to deal with the rapidly changing data landscape, Dunnhumby conducted a study with a range of grocery retailers from around the globe. Satisfying legal requirements has dominated activity, but there are clear signs that attention is switching back to opportunities for delivering better, customer centric solutions.
US retail sales are up by a solid 4.5% year over year. Store closures by major US retailers have reached 4,136 to date. 2018 will end with 8,000–10,000 US store closures, exceeding the 7,066 closures that we recorded for 2017. In the UK, store closure numbers have surged to 934 announced closures, compared to the 1,005 closures we recorded for 2017 as a whole. From Coresight Research.
Great free IHL Group on the financial impact of retail out-of-stocks. Consumers experience out-of-stocks as of 1 in 3 shopping trips. Upwards of 24% of Amazon's current retail revenue comes from customers who first tried to buy products in-store. Cost North America retailers $144.9 billion.
2018 marks the beginning of the end of traditional smartphones. During the next decade, we will start to transition to the next era of computing and connected devices, which we will wear and will command using our voices, gesture and touch. Like the Retail Emerging Technology List Future Technology Institute.
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes. The most substantial losses per incident came from retail robberies, at an average $4,237.02 each.
This report tracks the value of the world's most valuable brands and provides insights on the potential of strong brands. The total brand value of the 2018 Brand Z Top100 is $4.4. trillion following a record 21% growth - equating to a rise of nearly $750 billion.
This year, the Kleiner Perkins Caufield & Byers partner released 294 slides in rapid succession, covering everything from smartphone behavior in the U.S. to tech company competition in China. The speed of technological disruption is accelerating.
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