Future of Retail
5 Biggest Consumer Behavior Trends in Southeast Asia
Explore the latest consumer trends in Southeast Asia, ranging from the increasing emphasis on sustainability practices to the growing significance of customer service.
Sep 12, 2023
eBay Unveils a New AI Tool That Generates Product Listings From Photos
eBay's innovative listing tool harnesses the power of artificial intelligence to extract listing details directly from images.
Sep 12, 2023
Funding Roundup: ScrapUncle, India Index, ShipEase and Others Garner Fresh Financial Injection
It has been an outstanding week for startups in the e-commerce, logistics and supply chain space. Check out 6 of their amazing achievements: ScrapUncle, Markato, India Index, ShipEase, ZEVO and Praso.
Sep 08, 2023
Meta & Bain: The Evolution of Digital Adoption by Southeast Asian Consumers
Check out our key findings from Meta and Bain & Company's latest report covering the evolution of digital adoption by consumers in Southeast Asia.
Sep 07, 2023
Estée Lauder and Google Cloud Partner to Enhance Consumer Experience through Generative AI
The Estée Lauder Companies and Google Cloud are leveraging AI to redefine online consumer experiences and set new standards for beauty retail.
Sep 06, 2023
Amazon Announces Integration of Buy With Prime App for Shopify Merchants
Amazon and Shopify join forces to simplify online shopping with the Buy with Prime app. Discover how this innovative integration enhances the customer experience, streamlines merchant operations, and expands shopping choices.
Sep 05, 2023
Funding Roundup: Zepto, Pickaboo, 13SQFT.com and Others Gain Recent Funding Boost
It has been an outstanding week for startups in the e-commerce, logistics and supply chain space. Check out 6 of their amazing achievements: Zepto, Pickaboo, 16SQFT.com, Devolut, Starcart and Samplify.
Sep 01, 2023
Shein Announces Strategic Partnership With SPARC Group
Explore how this strategic alliance merges e-commerce prowess with retail expertise, promising innovative products and enhanced customer experiences for fashion enthusiasts worldwide.
Aug 30, 2023
Walmart and Alphabet Work Together to Offer Drone Delivery in Texas
Walmart partners with Alphabet's Wing to expand drone delivery services in the Dallas metro area, bringing convenience and innovation to customers' doorsteps.
Aug 28, 2023
How Reusable Product Packaging Affects Consumer Behavior on Retail
Explore the impact of sustainability on purchasing decisions and discover how eco-conscious packaging shapes the modern customer experience.
Aug 25, 2023
The Future of Retail
Sustainability in retail
The retail landscape is undergoing an unprecedented transition. From an increase in cross-border e-commerce to the rise of omnichannel retail and growing emphasis on sustainability in retail, the retail revolution is picking up speed. Consumers nowadays not only care about product quality and prices but also how ethical the product is and its impact on the environment. As evidenced by an emergence of new sustainable clothing brands in recent years, sustainability has indeed moved up on the agenda in the future of retail.
Retail shopping is easily accessible
Omnichannel commerce is one of the top retail trends in 2022. Omnichannel retail describes a model in which consumers can interact with the brand via multiple sales and media channels. With this retail revolution, consumers can access the products they need seamlessly while brands can collect clients’ information and data to optimize operations and shopping experiences significantly.
Digital transformation in retail
Digital transformation is the process of integrating digital technologies into all aspects of a business model. Digital transformation improves customer experience and helps optimize the operations of brands. Optimizing operations is one of the pillars of retail digital transformation. As organizations today operate on a multi-channel playing field, integrating digital technologies is paramount to realizing the full benefits of digital transformation in retail.
Omnichannel retail has become a prominent trend in the retail landscape and is now an integral aspect of the retail revolution. It is a strategy that offers a seamless shopping experience that allows businesses to interact with their customers across multiple platforms. Many brands and retailers have adopted omnichannel commerce as their go-to strategy. Some of the more successful omnichannel retailers include Nespresso, LEGO, Sephora, and Pomelo. Each of these brands have unique approaches to omnichannel retail that are worth learning from.