To stay ahead, retailers need to know the hot trends for 2021. No shortage of new developments, so let’s open the doors. Staying on top of trending retail news can help you make the right choices for your store, and SPAR can help! Back in January 2020, we talked about how Retail was changing at an unprecedented speed. Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Retail CIO Outlook I agree We use cookies on this website to enhance your user experience. By using this website you are consenting to the use of cookies. Driving online profitability, creating safe shopping spaces, and bringing the out-of-home experience in-home are among the key trends expected to shape retail in 2021, research organisation IGD predicts. Well-heeled shoppers are used to receiving personal attention when shopping at high-end stores, and personalizing their high-value purchases such as cars, bespoke clothing, and jewelry. This has largely been enabled by tech-driven supply chain innovation, making "drop-shipping" possible– direct delivery from manufacturers to customers via a sales agent, such an influencer or popular website, that can run a retail business without the hassle of buying stock or fulfilling orders. The Best CRM Systems Of 2020 According To Companies Using Them, 76% Of Enterprises Prioritize AI & Machine Learning In 2021 IT Budgets, How Data And AI Can Help Create A Mobility Renaissance, Amazon To Let Automakers Use Alexa Assistant For Cars. Retail Trends Seeking to maintain consumer interest, retail endeavors, both online and in-store, are adapting to include elements of technology, social engagement and visual enticement. By Anna Meyer @annavmeyer. The Drum wanted to get an insight into the retail sector from the perspective of the marketing services industry. Check … Opinions expressed by Forbes Contributors are their own. TradeDepot, the B2B e-commerce platform for consumer goods in Africa, has today released new insights from its market data that highlights the trends that will shape Nigeria’s retail sector in 2021.. With so many of us stuck at home and retailers unable to find new customers by enticing us to walk into their stores, more resources will be focused on growing customer numbers with AI marketing outreach. Business models evolve. 1. Man Wah raises $2.38b in new share sales Office leasing down in Q4, expansion demand to remain thin: CBRE Employees want workplace flexibility options in 2021: Cisco survey Hours can vary by location. Check with your location before you head out. Buy online, pick-up in-store (known as BOPIS) has become a crucial way for many stores to continue to do business. This one's been on the horizon for a while, but with the pandemic-driven changes, we're making to our behavior this year, we're likely to see ideas such as self-driving delivery vehicles and drone delivery really coming to life. The key companies in the retail sector in Mexico, … in Industry News Newer developments have seen this technology moving from back-of-house to front-of-house, with customer-facing initiatives such as chatbots and virtual assistants. Consumer News - MarketWatch offers reports on the latest retail industry trends and consumer information. Retailers have been rethinking discounting merchandise for Black Friday, mostly because of the deep discounting that became a necessity in March when COVID-19 first took hold. Though switching to online ordering and deliveries reduces the likelihood of coming into contact with people carrying viruses, there's still a fear of contamination caused by poor hygiene at order fulfillment centers or delivery networks. Retail Trends 2020. At the other end of the spectrum is the trend of smaller start-ups and cottage enterprises opening pop-ups, concessions, and collaborations with bigger brands. In eCommerce, analysts have differing views on the outcome of Amazon Prime Day, with some saying the tea leaves point to another record haul and others saying there’s room for an argument […] Our experts at SPAR are always checking the news – here are some of the most interesting retail news … At the same time, online retail has boomed more quickly than ever before as consumers choose to remain safely indoors, and home delivery infrastructure becomes increasingly sophisticated. >> Read more trending news Below are New Year’s Day store hours for some retailers, grocery stores and drug stores. Trending News: Retail IDC Market Overview and Forecast Report 2020-2025| Equinix, Digital Realty, NTT Communications Post author By Report Hive Research Post date September 12, 2020 These are the five trends they saw in their crystal balls. Market forces Anticipate change Relevance Growth Time Respond to change Ignore change Legacy Transform. Patio Heaters +200% 2. Over the next year, autonomous delivery initiatives are likely to remain focused on “last mile" solutions, employing self-driving vehicles and airborne drones for trips between fulfillment centers and consumers’ homes. NBC rolled out technology that allows app users to be notified when products they see on screen are available for direct purchase. Bicycle Child Seats +100% 4. Trending News: Brand Apparel and Accessories Retail Market Future, Share, Growth, Trends and Forecast 2020| Caleres Inc, Canali SpA, Carolina Mills Inc Chicago, United States: – The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Brand Apparel and Accessories Retail Market. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services The research organisation also predicts retailers will focus on health and wellness. Get hard-to-find insights and advice on Retail. retail ist das offizielle Medium des Handelsverbands.Fachjournalisten und Experten berichten im Magazin über News und Trends im Handel, in Österreich sowie im Ausland. Since online shopping became a reality, retail has become increasingly digital and internet-driven. This actionable product placement means customers can interact and make purchases directly from TV advertising, but we can also expect to see it rolled out through sports coverage and entertainment TV, as brands look for new ways to engage with their digital audience. Brexit uncertainty had caused spending growth to slow in 2019 and the industry faced large-scale business restructuring with 85,000 jobs lost, a third of FTSE 350 CEOs changing and 9,169 store closures. 1 Happy Holidays! However, technology is now ushering in a new age of mass-personalization, allowing this to be carried out at scale across a growing range of goods and services. Global retail trends 2020. Possessing the best management software is not a guarantee you will finish your According to TradeDepot, the impact of the pandemic, rising inflation, border closures and other issues drove significant changes in behaviour for retailers, distributors and manufacturers in 2020. There’s a lot of good news this week for small business owners that’s looking in the rear view.But let’s look a little bit ahead and some big news this week for some retail small businesses.New data from the National Retail 2137 Follow the popular trending news, topics, and video on Fox News. Toby Pickard, head of innovation and futures at IGD, said: “As the pandemic continues to create challenges for social interaction and people continue to work from home, we expect retailers to focus on inspiring meal solutions for all occasions throughout the day and week. Gelsinger Waves Farewell – Can VMware Navigate The Course Ahead? Beauty product retailer Sephora collects information on customer preferences via an app as they explore and rate products online, and makes them available to sales staff when they visit a store in person. Latest Retail News A collection of our latest news articles covering everything from customer experience and retail technology trends to best practices and digital transformation. The latest breaking news, ... retail. Scottish government votes to protect shopworkers, Community recognises One Stop franchisee as community hero, Bill to delay business rates revaluation progresses, UKVIA calls for click-and-collect reprieve in Scotland, Suntory Beverage & Food reveals soft drinks opportunities, Government must do more to protect shopworkers, says ACS, Defra plans to fast-track supermarket lorries during port disruption, Ask the Supplier: Driving confectionery in the festive run-up, Ask the Supplier: Making the most of the tobacco-free nicotine pouch market. Read more trending news Below are new year,... we asked analysts their. Ai-Powered voice recognition technology has improved to the use of cookies particularly hard inflation sharply. 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