McKinsey experts discuss the latest trends and the most pressing challenges for leaders in the retail and consumer-goods industries. Hear about the immediate and longer-term moves that matter most for business success. Topics covered include strategy, technology, marketing, operations, and organization...
While the region’s economic stabilization means retailers have a chance to catch their breath, responding to the four trends driving grocery retail in Latin America requires constant action. In particular, it calls for retailers to respond thoughtfully and strategically by leveraging the power ...
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In the latest Ericsson Ten Hot Consumer Trends report, the company identifies a new type of hybrid shopping centre, ‘The Multiverse’, which mixes connectivity-enabled technology, integrated into real physical environments to enhance shopping, and buying experiences, as a new trend for the coming ...
Retail trends across the United States, Mexico, Brazil, and more show the current economic and technological environment requires retailers to prioritise innovation and adaptability. In the past, consumers shopped online only occasionally and for certain types of products; today, the internet touches ...
If your ambition is to be a leader, the one word you need to focus on in the McKinsey definition is 'renew'. To renew means you embrace change as a required baseline element for success. In a 1913 journal article,Mahatma Gandhiwrote, "we but mirror the world. All the tendencies present...
Retail trends across the United States, Mexico, Brazil, and more show the current economic and technological environment requires retailers to prioritise innovation and adaptability. In the past, consumers shopped online only occasionally and for certain types of products; today, the internet touches ...
In fact, 71% of consumers expect companies to deliver personalized interactions, according to a 2021 McKinsey & Co. report. This kind of personalized shopping experience has long been the strength of brick-and-mortar stores—so learning how to leverage this for your shop (whether ecommerce or ...
2025 Retail Media Trends Get the Free Report 2. Test tactics across the full-funnel Brands: To optimize both branding and performance, a savvy growth strategy that expands retail media advertising format is key. Both year-round and particularly during peak sales seasons, brands should target the...
The pandemic has pushed through furtherdigitalization of the luxury sector. A2022 McKinsey reportshowed that more than half of Chinese retailers declared to be focusing on expanding theiromnichannel operations, and a third were concentrating on increasing their use ofartificial intelligence, whilealmost ...