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Loss Prevention Research Council Weekly Series - Episode 40 - COVID-19 Black Market and Retail Predictions

With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 40 - COVID-19 Black Market and Retail Predictions Listen

RIS News - 7 Retail Technology Trends to Watch in 2021: supply chain and fulfillment rethink; social commerce; data and analytics; customer 360; stores for the digital natives; core modernization and security; closet resupply as we reopen. Buzzwords of 2021: digital transformation, digital core, modernization, AI and machine learning, cloud migration, chatbots,  intelligent automation, microservices, customer 360, control tower, agile, store of the future, and scaling. 

Visual Capitalist 2021 predictions from analysis of 200+ articles: Environmental, social and governance investing reaches a tipping point, brands must be authentic and value driven, big tech backlash continues, bitcoin hits $50,000 mark, certain mid-sized USA get a boost (Austin), Faceboo will bend and possibly break, a broad trend of decentralization, China has a strong 2021, individuals and employees start taking wellness seriously, inequalities continue to worsen (k-shaped recovery), US cities get creative with space and mobility, movie theaters being their next act, a great re-thinking of office life is underway, American Millennials answer the call of the suburbs, a weakening US Dollar, summer of love 2021, strong US housing market, cautious optimism about the European economy, most companies will embrace a hybrid work model, a souring outlook on SPACS (Special Purpose Acquisition Company), positive growth for small cap stocks, global GDP growth likely 5% to 6%, low and stable mortgage rates, ballooning debt and deficits, all eyes on Apple (growth acquisitions, new products). 

My own three surprising three retail predictions for 2021: safety concerns will be with us for all 2021 and into 2022; higher speed digital transformation; more time-saving retail services please. 

On this week’s episode, our co-hosts discuss LPRC updates, false-flag operations, the COVID-19 vaccine black market, violent civil unrest, the Capitol, paid agitators, 2021 technology trends & predictions, and much more.