Future of Retail
Funding Roundup: Rozana, Pimberly, Shadowfax, and Others Raise New Funds
It has been a great start to 2024 for startups in the e-commerce, logistics, and supply chain spaces. Check out 5 of their amazing achievements: Rozana, Pimberly, Shadowfax, CARiD and Salla.
Mar 08, 2024
Vinted Expands Nordic Footprint with Acquisition of Trendsales
Trendsales, known as Denmark's largest second-hand marketplace for fashion and lifestyle items, has played a pivotal role in driving the country's second-hand consumption in recent years.
Mar 07, 2024
Decoding the European Consumer: Latest Insights into Changing Sentiment and Behavior Trends
According to McKinsey's report, the majority of European consumers are having mixed feelings about the economy, with a decrease in optimism from the previous quarter.
Feb 29, 2024
IKEA Unveils Cutting-Edge In-Store Pick-Up System in Amsterdam
At the forefront of this innovation are two high-tech vending machines tailored specifically for order retrieval, marking a significant step towards enhancing customer service and operational efficiency.
Feb 26, 2024
Staples Introduces Easy Rewards Loyalty Program for Customers
This points-based program, tailored to meet customer preferences, comes as a response to valuable feedback from Staples’ clientele.
Feb 22, 2024
Top Retail & E-Commerce Trends for 2024 and Beyond
From leveraging predictive analytics to embracing sustainability, the trends outlined in this article represent the evolving strategies and innovations shaping the industry in 2024 and beyond.
Feb 20, 2024
ContextLogic Announces Sale of E-Commerce Platform Wish to Qoo10 for US$173M
The Wish brand will integrate into the Qoo10 family, offering merchants access to cross-border e-commerce opportunities and users an extensive selection of competitively priced goods
Feb 20, 2024
Top E-Commerce & Logistics Events You Can’t Miss in 2024
Here are some of the top e-commerce and logistics events in 2024 that are essential for you to gain insights and inspiration for your business strategies.
Feb 15, 2024
Shopify Unveils New Features to Maximize Merchants' Success
Released on February 1, 2024, these updates reflect Shopify's commitment to empowering merchants with tools to optimize their online businesses.
Feb 15, 2024
Southeast Asia E-Commerce Logistics Market Report 2024
Get the latest insights into e-commerce in Southeast Asia with our 2024 report covering delivery performance metrics in Singapore, Indonesia, Thailand, and Malaysia.
Feb 09, 2024
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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 retailing
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.