The challenges presented by the coronavirus COVID-19 pandemic are unprecedented, there is no denying it is a period of turmoil for almost every business, including the retail industry. From disruptions to deliveries to store closures, the threat to retail can’t be ignored. Yet although this may paint a relatively bleak picture for the future of[…]
Retailers efforts to be more sustainable are often viewed to be counteracted by attempts to “delight” customers with quick home delivery that contributes to the negative impact on the environment (essentialretail.com). Retail, as a whole, has a relatively negative reputation when it comes to its effect on the planet but with a real call for[…]
Is 5G changing the way we pay? 5G is set to power the next generation of internet connectivity and eCommerce, so retailers need to pay attention. Payment options are endless from digital wallets to biometrics and many consumers believe they would replace their bank card with their mobile phone entirely within 5 years. 5G is[…]
Brick and mortar is still breathing: its survival is just a case of reinvention to stay competitive in the evolving workplace. Integrating brick-and-mortar with digital ordering and distribution platforms have been shown as successful in the restaurant industry with applications such as Uber Eats and Deliveroo, so does the retail sector need to follow suit?[…]
The “returns epidemic” comes at a big cost. Sites such as Amazon and ASOS offering quick, easy and free returns have given rise to returns by the shed load and the serial returner who have come to expect this convenience from every retailer. Social media has created a culture of “wardrobing” and “snap and send[…]
Long-term luxury for retail: millennials are buying less and buying better. The switch to luxury has been driven by the growing middle-class as well as a preference for sustainability. Consumer appetite has also been driven by the emergence of new luxury experiences, athleisure, streetwear and prestige skincare, highlighting the change in consumer habits and the[…]
Roaring 20’s and retail: what trends do we expect from retail this decade? Sustainability isn’t going anywhere in 2020, with retailers who reduce their carbon footprint standing out from the competition. Like the 2010’s, technology will continue to be a factor in which brick-and-mortar stores really stand out – Adidas’ London Flagship store, with its[…]
The 2010s have been the decade that has really transformed the way retail operates with different technologies, consumer habits and expectations shaping the industry. It’s safe to say the way consumers approach shopping is a distinctive contrast to how they did 10 years ago, but have retailers kept up? The high street looks very different[…]
Reiss is a valued Retail247 customer; we have worked with them on a number of services and solutions and their strong performance has been further enhanced by the deployment of RFID technology and process. Reiss is a premium high street brand and as such being able to fulfil customer promise with confidence is of paramount[…]
Do retailers need to become more responsible? Retail is renowned for creating a lot of waste that is less than eco-friendly. The rise of fast fashion generated more throwaway consumerism than ever, yet the trends in the industry are shifting and the rise of the green consumer has begun to shift the way retailers are[…]
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