Thank you for the inclusion in this latest leadership list. Rethink Retail 2022 list of consultants, analysts, academics, journalists, and thought leaders who are making an impact on retail in 2022.
Consumers are using a mix of digital and in-person channels to build their own shopping experiences — and more than one-third of Gen Z primarily opt for this hybrid mode of shopping. Stores are no longer the default shopping channel, but 72% of consumers still rely on stores as part of their primary buying method. Purpose-driven consumers, who choose products and brands based on how well they align to their values, represent the largest segment (44%) of consumers.
Marking another year impacted by Covid-19, people are looking forward to what 2022 will hold, according to a new Ipsos' Global Advisor survey in 33 countries. Of the nine questions where we have trend data since 2020, four show significant change, indicating a more optimistic view of what 2022 will bring. Nonetheless, concerns about the environment and rising prices persist. And while most expect greater COVID vaccination rates around the world, half (47%) expect a new deadly strain of the virus to appear.
Global real GDP is expected to increase by 4.6% in 2022. Recovery momentum has weakened since mid-2021. USA economic output has recovered to its pre-pandemic level, with real GDP being forecast to increase by 4.3% in 2022. China GDP growth will slow down. Eurozone GDP growth will remain solid in 2022, after stronger than expected expansion in 2021.
New normal, post-pandemic, the after times: Call it what you will, but the only reason 2021 couldn’t possibly be a year for the record books is that it’s coming off the heels of yet another. While we’re loath to call it unprecedented (gag), it’s hard to reconcile whether 2021 was really a year in its own right or merely an extension of the one before it — a continued rocky unfurling of the pandemic and all the disruption it envelops. - From RIS News
Now in its sixth year serving as the industry’s defining list of trends, Security Mega-trends is a consistent, measured report, and if you compare this year’s list to our 2021 report, you won’t see a full sweep of the trends. The megatrends aren’t a rally cry for the latest buzzwords; rather, these are the long-term trends that change the underlying archetypes. - From the Security Industry Association (SIA)
Find out which software vendors emerge as leaders in more than 50 rankings based on such key criteria as return on investment, innovation, total cost of operation, reliability, support, service, and customer satisfaction. A favorite annual RIS News Research Report.
Shoppers are not waiting for a bigger discount. They are aware of publicized supply chain issues and associated inventory shortages operating in a “buy it now mode” for a reasonable price.
Research firm Adobe Analytics, a unit of Adobe Inc. reports that so far this season (Nov. 1-29), consumers have already spent $109. billion online, growing significantly at 11.9% over last year.
Discover the top 10 most profitable companies and how they harness technology to connect with consumers and run seamless operations — and see the full Apparel Top 50 ranking. -from RIS News
There are very stark differences between retailers that are winning coming out of COVID and those that simply surviving at this point. What are those differences? How are they thinking differently? It’s not just more IT spend, but it is how and where it is being spent that is making the difference. -from IHL Group
Disruption has ensued since the dawn of the digital era — but it exploded in intensity and breadth starting in 2020. In 2022, we’ll see a shift to modern application development and industry-specific clouds that will shake up the cloud service provider market. In 2022, the automation market will see more robotics, new AI vendors, and new frameworks.
A record number of employees are quitting or thinking about doing so. The pandemic has irrevocably changed what people expect from work. But our research suggests that leaders aren’t listening to their employees nearly enough. Don’t be one of these leaders. -from McKinsey & Company
While the store is still the center of the grocery universe, how it is utilized is quickly pivoting. Over the next 12 months a quarter of grocers plan major click-and-collect and curbside investments, as they look to cater to consumers that prefer a contactless shopping experience. -from RIS News
A total of 74% plan to increase investment in new disruption-detection and innovation processes. Joining industry consortia focused on development of innovative technologies is on the agenda for 64%. More than half (58%) are looking to make their products and services available via an online-platform provider, including social media. And about one third (32%) will partner with third-party data providers.
Check out COVID-19 Implications for Business Section. We’re all tech executives now, to some extent. Across industries, competitive differentiation today emerges from superior digital capabilities and technology endowment, more agile delivery, and a progressively more tech-savvy C-suite.
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