EU administered 18 vaccine doses per 100 people as of April 5. UK has given 55 jabs per 100 people, while the U.S. currently stands at 50 doses per 100 inhabitants. Retail leaders prioritizing higher on touchless technologies. 843% for electronic shelf labels, 96% on self-checkout, 83% on mobile devices for managers, 65% on consumer mobile checkout, and 57% on contactless payments.
Consumer confidence jumps to highest level in a year. Percentage of consumers expecting business conditions will improve over the next six months rose from 30.7% to 40.8%. The top 10 countries that were happiest in 2021 are...Current state of retail can be described as “changing,” “transforming,” “in flux” and “unpredictable.” Retailers report that 31.6% of overall sales now come from digital channels (compared to 23% last year).
159 million square feet of retail space was closed in 2020. Returns account for more than $400 billion in lost sales for U.S. retailers, and online returns more than doubled from 2019. 74% say COVID-19 has impacted their shopping journey. 42% expect these changes to be permanent. Ten key trends that will shape Europe's grocery industry in the coming years.
Happy 50th Episode. YTD USA major retailers have announced 3199 store openings and 2598 closings. Retail lessons from Australia.Three secrets why curbside will not die post Covid-19. 77% gave curbside retail an 8+ out of 10
In this special episode of the Retail Rundown Podcast, we’ll take a deeper look at the state of the grocery industry as we hear insights from TD Insights’ Tony D’Onofrio, Anyline’s Marc Babin, Studio Rx’s Carl Boutet, Retail Transformation Show host Oliver Banks, and ChoZan’s Ashley Dudarenok.
25% of USA Malls will close. E-commerce will account for 21.2% of total retail sales. Mall traffic still down 38%. Take a stand on take a seat. Only 15%of retailers have implemented personalization. 1.5 billion people globally will use mobile wallets this year
Countries that lead vaccinations, COVID-19 Deaths, Grocery Net Promoter Scores and WOW on Amazon, CEO Priorities in business and technologies for 2021.
60% would like to see Amazon Go in their area and 54% described experience as excellent. NRF states USA sales to be up 6.5% to 8.2%. Grocery BOPIS +27% in 2020. 1 in 4.2 grocery items out of stocks in 2020. Self-checkout +178% next two years
Israel leads the world with 72.58 per 100 people already vaccinated. Nike is No.1 global apparel brand. No.1 Best retailer to work for in USA is Costco. Walmart to spend $14 billion next year on innovation. Global GDP up 4.2% in 2021. Even with pandemic, the number of USA retail robberies are stable.
Retail sales to rise fastest in a century in 2021. 31% of consumers won't get or are not sure if they want to receive a vaccine. Special guest John Voytilla speaks about LPRC @Strategy event.