Trends in retail • 05.01.2021

How the industry thinks: The most important trends for 2021

What awaits retailers after the first Corona year?

2020 – most certainly not an easy year. But many agree: The only way forward is to look ahead. So we asked industry insiders – retailers, academics, manufacturers – what they expect for this year. How will changing customer expectations be reflected in retail? What will remain or become important? Here are some of the answers:

A man in a white shirt smiles at the camera
Lennart Wehrmeier, Managing Director Expansion, Woolworth GmbH
Source: Woolworth GmbH/sascha kreklau


“In challenging times, it is key to offer customers in city centers reliable and dependable service. Many want a one-stop shop for all their basic needs. Our 450 store locations nationwide offer a wide range of products and services and an attractive price-performance ratio to meet and exceed customer expectations.”

Lennart Wehrmeier

“2021, the year after COVID-19 will see a renaissance of local, sustainable shopping. Brick-and-mortar and online businesses can score big with quality, locally made products. Retail logistics is also on the road to a greener future. Especially last mile deliveries will see a shift towards more eco-friendly concepts (think: 'eco-delivery').”

Rainer Will

A man in a suit smiles at the camera
Rainer Will, Managing Director, Austrian Trade Association
Source: Handelsverband Österreich

 

A woman in a blazer smiles at the camera
Andrea Robinett, Senior Designer, Design4Retail
Source: Design4Retail
“Redefining the purpose, the store experience and focusing on being ‘present’ through empathy, emotion, and connection. Retailers will rebuild strategies with more personal stories, lean into locality, and forge stronger bonds with customers by giving more clarity to the emotional core of a brand.” – Andrea Robinett
Ein Mann im Anzug lächelt in die Kamera
Ralf Bühler, CSO B2B, Conrad Electronic
Source: Conrad Electronic


“We will continue to see a rise of the platform economy. Our 'Sourcing Platform' offers our customers simple, quick, and comprehensive procurement solutions. Apart from digitization, we focus primarily on a personal customer relationship and personalized customer service.”

Ralf Bühler


“Brick-and-mortar retail must now focus on its strength: Service. Customers who have to wait a long time for consultation, products and payment will be lost to online retail. That's why digitization must be accelerated: People counting as well as booking systems for services are inevitable.”

Andreas Schnieder

Man with glasses in a white shirt smiles at the camera...
Andreas Schnieder, Managing Director, Via Guide GmbH
Source: Via Guide GmbH

 

A man in a suit leans against a wall and laughs into the camera...
Prof. Dr. Jens Böcker, Professor of Marketing, Bonn-Rhein-Sieg University of Applied Sciences
Source: Jens Böcker
“The COVID-19 pandemic has been an accelerator for digitalization in retail. Traditional and digital retail channels keep merging, making transparency and exchange of data between channels key success factors. This ensures a consistent cross-channel experience. Customers have higher expectations than ever before in this context and do not appreciate channel fragmentation.” – Prof. Jens Böcker
A man in a black sweater leans against a wall with his arms crossed and looks...
Bernhard Heiden, Creative Director and CSO, Interstore | Schweitzer
Source: Interstore | Schweitzer


“Flexibility when it comes to large-scale and small-scale retail and the creation of independent brands and identities within a store are two trends that will dominate the retail industry in 2021. Retailers will also make major changes, slipping into the role of host and entertainer to offer their customers a one-of-a-kind shopping experience.”

Bernhard Heiden

A man in a white shirt smiles at the camera
Prof. Antonio Krüger, Managing Director, German Research Center for Artificial Intelligence, Scientific Director, Innovative Retail Laboratory
Source: DFKI
“More than ever, it will be important to respond to customer needs as they unfold and optimize your business processes. Accelerated digitization and the use of artificial intelligence techniques can help gain better insights into existing data and create added value for your customers.” – Prof. Antonio Krüger


“Automation of brick-and-mortar retail will continue to increase in importance. Automated processes can help retailers to make shopping safe. Smart solutions such as people counters to manage occupancy limits or optimize checkout lines are ways to make shopping more convenient. We are already collaborating with partners and customers to find autonomous store solutions.”

Ralph Siegfried

A man in a suit smiles at the camera
Ralph Siegfried, Business Development Manager Retail, Axis Communications
Source: Axis Communications

 

Man in black sweater smiles at camera
Martin Gaber, Partner, JosDeVries StudioMu GmbH
Source: JosDeVries StudioMu GmbH


“After 2020's wild roller coaster ride, there will be respite in store for retailers, especially by the second quarter. From our perspective, this will bring more predictability, which promotes forward-thinking ideas and concepts.

These types of forward-thinking concepts will focus on mastering the ‘online – offline' connection, promote cashless shopping and simultaneously place an even greater emphasis on social connections in brick-and-mortar settings.”

Martin Gaber


“In 2021, the food retail sector will feature layouts that can change according to specific needs and also guarantee superior visibility of the fresh food area. The shopping experience will be enhanced with an emotional communication using colors and graphics. Thus, lighting plays an increasingly strategic role.”

Pierluigi Gusmani

A man in a suit leans against a wall and smiles at the camera...
Pierluigi Gusmani, International Sales Director, Imoon
Source: Imoon
Compiled by: Julia Pott

related articles:

popular articles:

Thumbnail-Photo: Textile recycling system ’Looop’ by H&M
14.10.2020   #sustainability #fashion

Textile recycling system ’Looop’ by H&M

Transforming unwanted garments into new fashion favourites

H&M offers customers in Sweden the possibility to transform unwanted garments into new fashion with the help from their new garment-to-garment recycling system ‘Looop’. This machine visualizes to customers that old textiles hold a ...

Thumbnail-Photo: Can social media campaigns drive long-term sales?...
13.10.2020   #marketing research #sales promotion

Can social media campaigns drive long-term sales?

Study challenges view of social media marketing as only short-term effective

Nepa announced the findings of a study using data from 1,660 retail campaigns in Sweden. The results show that campaigns on social media are – when done right – effective in driving long-term sales, challenging the prevailing perception ...

Thumbnail-Photo: iXtenso newsletter – Never miss a story!
01.08.2020  

iXtenso newsletter – Never miss a story!

Always the latest retail news delivered directly to your inbox – every two weeks

Thumbnail-Photo: Shopping in social media streams?
16.11.2020   #e-commerce #app

Shopping in social media streams?

Further steps towards social commerce

The fact that retailers and brands offer their products online where consumers spend their free time – on social media channels as well as on image and video portals – is nothing new. There have been many advertising campaigns on these ...

Thumbnail-Photo: Come together: local retailers connect with local customers...
15.09.2020   #brick and mortar retail #customer relationship management

Come together: local retailers connect with local customers

The online platform Ladenfreun.de connects local retailers with potential customers. The common denominator: A product.

How can you bridge the gap and connect online retail to pedestrian zones? A Nuremberg startup wondered how this could be accomplished and came up with a solution: Ladenfreun.de. In this interview, founder Matthias Hueber talks about the idea behind ...

Thumbnail-Photo: Please give us shopping, events, and emotions!...
15.09.2020   #online trading #customer satisfaction

Please give us shopping, events, and emotions!

What should cities do to attract more visitors?

Online retail, coronavirus pandemic, monotony – city centers are fighting many battles these days. But although times might be tough for brick-and-mortar businesses, all is not lost when it comes to pedestrian zones.However, retailers should ...

Thumbnail-Photo: Event: E-commerce Berlin Expo 2021
28.08.2020   #online trading #e-commerce

Event: E-commerce Berlin Expo 2021

E-commerce Berlin Expo is the biggest pure-play e-commerce event in the (tech) capital city of Germany. Over 9,000 visitors and 200 exhibitors are expected every year.

E-commerce Expo views itself as a community and a meeting point for all major decision-makers in the e-commerce sector. We bring together leaders in the e-commerce industry to offer online sellers and retailers the opportunity to develop their ...

Thumbnail-Photo: Social commerce opportunities on TikTok for merchants...
31.10.2020   #online trading #social media

Social commerce opportunities on TikTok for merchants

Partnership between Shopify and TikTok

On TikTok, businesses of all sizes are empowered to grow their brands through creative content and storytelling. Since we launched the TikTok For Business platform, we've seen brands around the world make real connections with our users by ...

Thumbnail-Photo: Better customer care on Twitter leads to increase in customer...
18.09.2020   #customer satisfaction #customer relationship management

Better customer care on Twitter leads to increase in customer satisfaction

Responses to queries on social media impact service quality perception

Social media has forever changed our society and how people do business. A 2013 report by J.D. Power found nearly two-thirds of customers have used a company's social media site to connect with customer service. New research in the INFORMS ...

Thumbnail-Photo: Merchants can build their own businesses by choosing the right daily...
10.08.2020   #e-commerce #online platform

Merchants can build their own businesses by choosing the right daily deal platforms

Bargaining and the three-way transaction that defines the daily deal market

Researchers from the University of Maryland and Harvard University analyzed the bargaining process between the daily deal platforms Groupon as well as LivingSocial and merchants to identify the trade-offs made by both parties during the transaction ...