Retail investment priorities for 2021 according C-Suites executives: Digital acceleration 88%: Supply chain resilience 78%; Health and safety 78%; realign cost structure 72%. Retail trends to watch.
71% name lack of real-time inventory visibility a top issue. Big tech backlash continues. A great rethinking of the office. Safety now a Top 3 consumer purchase driver. 10 years forward in 90 days. The 1.2 billion hours per week shopping journey.
The Top 10 highest CCTV global surveillance cities. Returns to reach $280 billion from holiday season. Retail boom and bust trends from 2020 in ten charts.
USA ORC $719,548 per $1 Billion in sales, 35% did more holiday spending in November, BOPIS 4 out 5 stars, Curbside 4.3 out of 5 stars, 40% bought more because of BOPIS, ten global trends for 2021, Origin of holiday traditions
IDC retail predictions on retailers on contactless applications, acquiring AI for competitive advantage, curbside retail, and intersection of security and new tech. WSJ 2020 in review and what to expect in 2021.
YTD retail robberies stable, ORC down 25%. Consumers to spend $1387 on holidays this year. Category up double digits is buying for yourself and your home. Six forecasts for the next retail decade.
Black Friday/ Cyber Monday results, Neiman Marcus launches virtual gift finders/curbside Santa, Sephora and Kohl’s partner up. And why China's Double 11 leads the world as a shopping holiday.
55% now buy products online that they previously bought in a store. 66% planning to make fewer shopping trips to malls over next 12 months. 39% will only shop online within the next five years. 40% of respondents said they tried new brands or made purchases with a new retailer. Black Friday visits to stores dropped 52% this year
Through September retail fatalities up 2%. Worst password of 2020 is 123456. Holiday sales to be up 3.6% to 5.2%. 58 million Americans spend $45 billion online shopping while drunk. 7 IoT trends 2020. Black Friday is the busiest day for plumbers.
$74.1 billion China's Double 11 Shopping Festival, Nike $15 million in one minute, 583,000 orders per second, 2.32 billion packages, 73% shift to online permanent, 50% feel safe in standalone stores vs 10% in shopping centers