Category Archives: Retail
Then and Now
Interesting, as always, to see the latest batch of data from the UKs Office of National Statistics (ONS). Apparently, back in 1957, food and clothing took up almost 50% of average household income, whereas nowadays it consumes just 25%. Astonishingly, … Continue reading
Retail scenarios for 2022
I’m doing something thinking about what lies ahead with some people that run shopping malls in South Africa and I’ve been trawling around for information on ‘retail futures’. Below is an edited version of some thinking done by Forum for … Continue reading
How We Now Shop
The future of retail is seemingly not what it used to be. A few years ago we were talking about trendy new terms such as premiumisation, masstigue, transumerism, pop-up retail and third spaces. We were also witnessing the emergence of … Continue reading
Top retail trends
I can’t believe that I’m reading Supply Chain Digest but it’s the day before Easter and I’ve got nothing better to do. Aaaanyway, a story about seven key retail trends as identified by the CEO of Tesco speaking at the … Continue reading
Blurring and convergence
One of the key drivers of global change is the convergence of technologies. This is, in turn, driving the convergence of products and ultimately services. Meanwhile, over in business (and especially retail), we are experiencing a blurring of industries and … Continue reading
Polarisation
By 2015 the middle class will have disappeared in most developed countries taking mid-price retailers with them (or is it the working class that will disappear?). Whichever it is, most consumer markets are already polarising between economy and premium sectors … Continue reading
Brand politics
We’ve already got sweat-shop-free clothing brands, the return of neighbourhood retail and anti-supermarket sentiments, but we still haven’t seen anything yet. In the future customers will be interrogating brands online and scanning products in supermarkets with mobile phones to check … Continue reading
Mass customisation
As I have already noted, we are moving out of the era of mass and cheap into the age of luxury and ‘made for me’. For the fortunate few this means bespoke (tailor-made) products (sold in brand experience stores with … Continue reading
Self-serve
Customer service costs money and is notoriously difficult to do well, so why not get customers to do it themselves? Everyone saves money and your customers think they’re in charge. Current examples include self check-in kiosks in airports, self-scanning machines … Continue reading
Brand experience
A significant number of (lucky) people have got all the ‘stuff’ they need, so they are now, increasingly, looking for experiences not products. Research suggests that this is especially true for women. Examples include WHSmith (a UK stationer) selling cooking … Continue reading
