Retail sector analysts alsoexpress concernabout a potential economic downturn, rising costs, and the impact of ongoing supply chain issues, with some analysts anticipating a decrease in consumer spending amid economic uncertainty. Embracing cutting-edge retail trends can help brandsremain relevant, adapt ...
Technology will also play a bigger role in bringing innovation and efficiency to retailers and consumers, from how brands respond to higher consumer expectations to staying competitive among a growing field of retailers. The 2024 retail industry trends reflect a more concerted shift toward a customer...
Published:10 January 2024 Summary Retailers’ profits are squeezed by challenging factors like reduced consumer spending, shrinkage and rising operational costs. Retail CIOs can use these trends to identify technology opportunities to improve net profit margin and increase profitability through unified retai...
9 Grocery Retail Trends in 2024 Stay Ahead of Grocery Trends and Shopper Needs with Oracle Grocery Consumer Expectations FAQs As 2024 unfolds, supermarkets and grocery stores continue to grapple with inflation, supply chain disruptions, and labor issues, while food prices continue to top the list ...
Today we’re exploring the top trends retail brands need to be aware of to maintain a competitive edge. This blog is a snippet from our latest Retail Trends 2024 report. For this report, we analyzed online conversations using Brandwatch Consumer Research to see how consumer behavior has change...
Consumer Trends Spotlight: Rapid-fire spotlight on consumer shopping trends. Serving Customers in 2024: Discussion about how retailers innovate to meet customers’ needs, provide exceptional shopping experiences, and drive customer engagement and retention in today’s competitive landscape. Accelerating Small...
From phygital retail to the metaverse, retail CX is evolving. Explore the top retail trends from the National Retail Federation's Big Show.
Holly Shuffett Updated on March 11, 2024In the dynamic realm of retail media, staying ahead requires a sharp focus on top retail media trends. The industry may be growing to $136B this year, but according to the ANA, most brands report working with just 5 - 10 retail media networks. ...
Below are nine major grocery retail trends. 1. Value shopping Inflation, while lower than in the past few post-pandemic years, remains high and a source of consumer concern. Some 70% of shoppers in February 2024 cited food prices as a top issue (versus 75% a year earlier), according to...
This trend is nothing new—the rise of the purpose-driven consumer has been building momentum for some time. Today’s consumers are worried about the planet, and that focus is showing up in how they shop. They want to know if products are sustainably sourced, whether your brand aligns with...