The latest study from the IHL Group on the state of the USA Grocery Industry and the trends accelerated by the pandemic. Includes the dramatic increased adoption in technologies and the winning formula for success. - From the IHL Group
The NRF Top 50 Global Retailers list is a fresh look at the 50 most impactful international retailers based on their operations at the start of 2021. Kantar partnered with NRF to produce this ranking of the Top 50 Global Retailers in 2021 that seeks to maximize discussion, debate, education and exploration opportunities that the ranking can provide. - From NRF
Gen Z is influencing the older generations to place more importance on sustainability in purchasing decisions. Older generations including Baby Boomers, Gen X, and Millennials are disconnected with Gen Z on what sustainability actually means. Every generation except for Baby Boomers ranks quality over environment concern when asked why they shop sustainable brands. – From First Insight
A favorite annual study from RIS News / IHL Group. For the first time in the past decade, store count growth is not expected to exceed 3.2%, and store remodels growth (3.5%) is expected to exceed store count growth (2.2%) for the coming year. This is due in part to the advancement and adoption of digital customer journeys (BOPIS, curbside, click-and-collect, etc.), as well as the more widespread adoption of self-checkout (respondents claim a 47% increase in use in the past year). - From RIS News
A better outlook begins today by addressing near-term retail challenges with an eye to the future. Now is an ideal time to take stock of the market to better understand what traits separate those who embrace the reset—the leaders—from the rest of the pack. - From Deloitte
A favorite annual report analyzing global trends and the growth of the global top 250 retailers. Despite the many challenges retailers faced in 2021, the top 250 managed to outpace the previous year in all key growth metrics. In fact, the top 10 retailers saw double-digit growth and even welcomed an entrant from China for the first time ever. And despite the economic churn and uncertainty, retailers were able to ramp up their efforts to better meet the marketplace demand for more sustainable practices and products. - From Deloitte
48% of the growth in IT spend is going to New Innovation. Worldwide 91% of the digital budget for essentials from the last 12 months is expected to be retained in the next 12 months. The average growth of IT budgets since 2019 has been an amazing 40%. – From the IHL Group
In the most stable times, retailers expanding their global footprint face a series of difficult decisions. Should they think about entering new markets? Should they expand their operations in emerging nations that may or may not be yielding returns, or cut their losses? How do you evaluate the comparative potential of modern retailing in nations still dominated by informal or traditional vendors? - From AT Kearney
Thank you for the inclusion in this latest leadership list. Rethink Retail 2022 list of consultants, analysts, academics, journalists, and thought leaders who are making an impact on retail in 2022.
Consumers are using a mix of digital and in-person channels to build their own shopping experiences — and more than one-third of Gen Z primarily opt for this hybrid mode of shopping. Stores are no longer the default shopping channel, but 72% of consumers still rely on stores as part of their primary buying method. Purpose-driven consumers, who choose products and brands based on how well they align to their values, represent the largest segment (44%) of consumers.
Marking another year impacted by Covid-19, people are looking forward to what 2022 will hold, according to a new Ipsos' Global Advisor survey in 33 countries. Of the nine questions where we have trend data since 2020, four show significant change, indicating a more optimistic view of what 2022 will bring. Nonetheless, concerns about the environment and rising prices persist. And while most expect greater COVID vaccination rates around the world, half (47%) expect a new deadly strain of the virus to appear.
Global real GDP is expected to increase by 4.6% in 2022. Recovery momentum has weakened since mid-2021. USA economic output has recovered to its pre-pandemic level, with real GDP being forecast to increase by 4.3% in 2022. China GDP growth will slow down. Eurozone GDP growth will remain solid in 2022, after stronger than expected expansion in 2021.
New normal, post-pandemic, the after times: Call it what you will, but the only reason 2021 couldn’t possibly be a year for the record books is that it’s coming off the heels of yet another. While we’re loath to call it unprecedented (gag), it’s hard to reconcile whether 2021 was really a year in its own right or merely an extension of the one before it — a continued rocky unfurling of the pandemic and all the disruption it envelops. - From RIS News
Now in its sixth year serving as the industry’s defining list of trends, Security Mega-trends is a consistent, measured report, and if you compare this year’s list to our 2021 report, you won’t see a full sweep of the trends. The megatrends aren’t a rally cry for the latest buzzwords; rather, these are the long-term trends that change the underlying archetypes. - From the Security Industry Association (SIA)
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