American and European retail brands are leading the global retail sector in bouncing back better from the pandemic, with Amazon (brand value up 38% to US$350.3 billion) and Walmart (brand value up 20% to US$111.9 billion) leading the way. In a world of changing customer demand and disrupted supply chains, these big retailers are applying their logistics expertise to adapt in innovative ways to the ‘new normal’. - From Brand Finance
USA retail fatalities are up 14% in 2021. The number of people killed in retail stores has increased every year since 2016 and is up 59% from 2016 numbers. More alarming customer and associate deaths are each up 24% from 2020 to 2021. – From D&D Daily
Disruption and upheaval. Evolving customer preferences. The rise of e-commerce. Grocery retailers have had to become more adaptive, innovative, and forward looking to keep pace. Which trends have emerged and, more important, which ones are set to endure? In-depth research sheds light on the changing nature of grocery around the world. - From McKinsey
Euromonitor identified 10 competing forces to guide your long-term strategic planning. An understanding of these competing forces is the first step. How these manifest and where countries, companies and consumers land on the continuum will affect retail industry development in the years to come. - From Euromonitor
A favorite RIS News annual study. Benchmark your organization’s tech maturity against more than 80 distinct retail solutions. Discover where your peers are making significant tech investments and what you need to do to keep pace.
The latest study from the IHL Group on the state of the USA Grocery Industry and the trends accelerated by the pandemic. Includes the dramatic increased adoption in technologies and the winning formula for success. - From the IHL Group
The NRF Top 50 Global Retailers list is a fresh look at the 50 most impactful international retailers based on their operations at the start of 2021. Kantar partnered with NRF to produce this ranking of the Top 50 Global Retailers in 2021 that seeks to maximize discussion, debate, education and exploration opportunities that the ranking can provide. - From NRF
Gen Z is influencing the older generations to place more importance on sustainability in purchasing decisions. Older generations including Baby Boomers, Gen X, and Millennials are disconnected with Gen Z on what sustainability actually means. Every generation except for Baby Boomers ranks quality over environment concern when asked why they shop sustainable brands. – From First Insight
A favorite annual study from RIS News / IHL Group. For the first time in the past decade, store count growth is not expected to exceed 3.2%, and store remodels growth (3.5%) is expected to exceed store count growth (2.2%) for the coming year. This is due in part to the advancement and adoption of digital customer journeys (BOPIS, curbside, click-and-collect, etc.), as well as the more widespread adoption of self-checkout (respondents claim a 47% increase in use in the past year). - From RIS News
A better outlook begins today by addressing near-term retail challenges with an eye to the future. Now is an ideal time to take stock of the market to better understand what traits separate those who embrace the reset—the leaders—from the rest of the pack. - From Deloitte
A favorite annual report analyzing global trends and the growth of the global top 250 retailers. Despite the many challenges retailers faced in 2021, the top 250 managed to outpace the previous year in all key growth metrics. In fact, the top 10 retailers saw double-digit growth and even welcomed an entrant from China for the first time ever. And despite the economic churn and uncertainty, retailers were able to ramp up their efforts to better meet the marketplace demand for more sustainable practices and products. - From Deloitte
48% of the growth in IT spend is going to New Innovation. Worldwide 91% of the digital budget for essentials from the last 12 months is expected to be retained in the next 12 months. The average growth of IT budgets since 2019 has been an amazing 40%. – From the IHL Group
In the most stable times, retailers expanding their global footprint face a series of difficult decisions. Should they think about entering new markets? Should they expand their operations in emerging nations that may or may not be yielding returns, or cut their losses? How do you evaluate the comparative potential of modern retailing in nations still dominated by informal or traditional vendors? - From AT Kearney
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.
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