Traditional retail is turning into more and more risky and challenged as a enterprise mannequin. Brick-and-mortar has shifted to on-line, whereas on-line is shifting into pop-up storefronts. Virtual shops in subway platforms and airports are providing new ranges of comfort for harried commuters. High Street and Main Street have gotten the stuff of nostalgia. The Big Box is dropping floor to new fashions that appeal to shoppers by means of their most-trusted assistant—the smartphone. What’s subsequent? What’s the longer term for you—a retailer—who’s witnessing a tsunami of change and never understanding if this implies greedy ahold of latest alternative or being swept away?
The Retail Revival solutions these questions by wanting into the not-so-distant retail previous and by wanting ahead right into a future that may proceed to redefine retail and its monumental impact on society and our economies. Massive demographic and financial shifts, in addition to historic ranges of technological and media disruption, are turning this as soon as predictable business—the place “common” was king—right into a sea of turbulent change, leaving shopper conduct completely altered. Doug Stephens, internationally famend shopper futurist, examines the important thing seismic shifts out there which have even corporations like Walmart and Procter & Gamble scrambling to manage, and explores the present and future tendencies that may utterly change the best way we store.
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