Within the last decade, a lot of new trends have emerged with a profounding influence. Explore the latest strategic trends, research and analysis. retailing. And they know they have little time to respond. In 2019, the market will be defined … Now is the time to think through the implications. A study from Unilever highlights the changing stance of consumers in this aspect. The consumer is changing because the environment around them is evolving. The latest in retailing and shopper trends for the FMCG industry August 2010. With advancements in technology and ever-changing customer demands, the retail industry is evolving at a rapid pace. India is poised to become a retail power house. Let's say that a month after the store opens someone sees a store employee dumping trash into the creek behind the store. Shifting demographics, household downsizing, more educated consumers, new channel formats—among other trends—require that the … 2 ... China and Korea are fastest changing markets: While there has been significant store growth in all markets, the biggest story of the decade was clearly the expansion seen in the China … These are only some of the major changes currently taking place in the retail industry. Mintel is a global and award-winning provider of Market Research. Trends in Retailing in East Asia. Over the past few weeks, we have been talking with all our retail sector clients about the impact this pandemic may have on their business. Most distribu-tors also were dealers in large urban ar-eas, selling cars both directly to the pub-lic and to dealers in nearby towns. Deep Dive 10 retail trends to watch in 2020 From the evolution of pure-play e-commerce to the purpose of brick and mortar, the Retail Dive team serves up its predictions for 2020. • Retail market expected to grow by 12 percent in line with historical trends Rapid growth in retail driven by four factors • Income growth : ~3 times increase in average household income from $6,393 in … expensive, consumers changing their behaviour due to increasing digitalisa - tion and e-commerce. Ecommerce giants like Amazon, Walmart, and Alibaba have been at the forefront of adopting and benefiting from such trends. Future trends that are going to be characterized by technology creating stronger connections between customers and retailers. Retailing 2015 confirms that the retail industry is becoming more complex and changing at an ever-increasing speed. The emphasis in this process has less to do with information about the future, which can be broadly recognised, but how such trends will transform industries and create new opportunities (Prahalad, 1999). Opportunities abound for retailers to set themselves apart—so many, in fact, that some retailers are paralyzed into inaction. Embracing and adapting to these changes have become essential to developing and maintaining a competitive edge in the cutthroat world of retail. development of retail industry can be seen on online retailing activities and on the internalization process of retail operation. The increased popularity of organized retailing is mainly because of the consumers’ changing behavior. how retailers and manufacturers can use flexible retailing options to improve the shopping experience and drive increased visitation and sales across channels. revealed a new set of trends that are poised to accelerate retail’s evolution. agenda contents page present by the biggest trends impacting the industry and highlight how some retailers are taking up the challenge and staying competitive. It is one of the largest sectors in the global economy is going through a transition not only in India but around the world. Differences, changes and current trends in Western Europe and post-socialist countries in the quantity and concentration of retailing activities … Each trend paints a vivid picture of how retailing is undergoing a tremendous metaorphoses. L, * Prof. K. Sasikumar ** Abstract Retailing is a consumer interfacing activity and acts as a last link in the supply chain. 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