New report by IHL Group debunks the retail apocalypse narrative
Report tracking spending across major consumer markets
"Platform strategies are critical for success," says Dr. Kai Hudetz of the IFH Cologne (Institute for Trade Research)
Highest 2019 growth in Romania and Lithuania
“Indispensable Hub” for thousands of isolated communities
42 percent of consumers shop in-store for festive environment
IGD expects sales growth of 3.3 percent a year
Poundworld’s failure to differentiate from other discounters led to demise
Investment to create destination appeal pays off
Private brand performance within the grocery channel dramatically increased in the past year, posting annual sales of $138 billion across multi-outlet plus convenience store retail channels in the United States in 2017, according to new insights ...
GfK anticipates a 2018 nominal turnover growth of +2.1 percent for stationary retail in the 28 EU member states. But trends within the individual countries under review vary widely. While real-value growth is expected for countries such as ...
Interview with Lars Reimann, Head of the Environment and Energy Department at HDE (German Retail Federation) Practical, informative and effective: The recently launched “Retail Climate Action Campaign” (“Klimaschutzoffensive des ...
The U.S. cycling market is a $5.9 billion industry, with independent bicycle dealers capturing about 52 percent of those sales and the rest of the market the remaining piece of the pie, according to retail sales data from global information ...
Amazon is now the fifth biggest player in UK retail, as its retail revenue continues to rise at a rapid pace, according to GlobalData a leading data and analytics company. The online pureplay continues to outstrip growth in the UK online channel ...
The Global Visionary Science Team at Frost & Sullivan reveals in their analysis - North American Workwear and Uniforms Market, Forecast to 2021 - that e-commerce is emerging as a viable and profitable channel for workwear and uniform ...
Providing more detailed, personalised answers to consumer questions on their channel of choice is now key to winning and retaining customers – but brands in the UK are failing to meet rising expectations. 91 percent of consumers ...
The British Retail Consortium’s (BRC) annual Retail Crime Survey reveals a concerning spike in violence against staff causing injury, with the number of incidents happening at twice the rate of last year’s survey, the previous ...
Click & collect continues to rise rapidly in the UK, outpacing growth in the online retail channel, with click & collect sales forecast to account for 13.9 percent of total online spend in 2022, 1.9 percentage points higher than in ...
In December, UK retail sales increased by 0.6 percent on a like-for-like basis from December 2016, when they had increased 1.0 percent from the preceding year. On a total basis, sales rose 1.4 percent in December, against a growth of 1.7 ...
Toys "R" Us, Inc. ("the Company") reported financial results for the third quarter of fiscal 2017, which ended October 28, 2017. "Our results for the quarter were disappointing. They not only reflect the broad ...
A recent survey of consumer buying habits by Breakthrough Research reveals the contradictory nature of the American buying public. Right before winter holidays is the most common time of year for impulse buying, and consumers are half as likely to ...
Takko Fashion ("The Group"), a leading European apparel retail group operating over 1,850 stores across 16 countries in Western, Central and Eastern Europe, today announces its results for Q3 17/18 (August - October 2017). Net ...
Americans waste a shocking amount of food every year—up to 40 percent of all food produced in the U.S. goes uneaten, according to the USDA. Yet, a recent survey sponsored by Plastics Make it Possible® indicates that ...
The 13th annual ORC study released by the National Retail Federation found that 96 percent of responding companies had experienced ORC in the past year. Losses averaged $726,351 per $1 billion in sales, an increase from $700,259 last ...
The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 228,000 jobs, the Labor Department said. “This was one of the strongest gains we’ve seen all year,” NRF Chief Economist Jack ...
While the annual unit sales growth of print books is expected to be slightly weaker this year than in the previous two years, global information company The NPD Group predicts a strong holiday season with five percent unit sales growth in ...
When it comes to buying home and kitchen appliances, British consumers admit that the right reward is just as important to them as quality of product. The independent study of 2,000 British adults, commissioned by 360insights, found that 17 ...
In a submission entitled Helping Shoppers Budget, sent to the Chancellor last week, the British Retail Consortium (BRC) proposes a series of targeted measures to support the retail industry in maximising its future contribution to the ...
When customers walk down aisles of grocery stores, they are inundated with labels such as organic, fair-trade and cage free, just to name a few. Labels such as these may be eye-catching but are often free of any scientific basis and stigmatize many ...
On average, U.S. consumers anticipate doing nearly 40 percent of their 2017 holiday shopping online, up from one-third just two years ago. According to NPD’s 2017 Holiday Purchase Intentions Survey, consumers who will be holiday shopping ...
Out in the field, new technologies hinge on whether the people who use them also accept and adopt them. In this conversation with iXtenso, Professor Ludwig Hierl points out that things are still amiss when it comes to mobile and contactless payment ...
Amazon Go and other ‘invisible payment’ technologies, aimed at reducing or removing physical checkouts from the retail experience, will process over 78 billion dollars in transactions by 2022, up from an expected 9.8 billion dollars this ...
Year-long research shows that despite a seven per cent decline in frustration-levels over the last 12 months, many areas of omni-channel operation still fail to meet consumer expectations 72 percent of consumers say the experience of shopping in ...
Contrary to a German proverb about eating like God in France, a consumer survey about fresh food now reveals that people in Germany averagely spend less money for fresh food than in France while eating more of it than their neighbors. The ...
The latest BRC Annual Retail Crime Survey revealed that an estimated 53 percent of reported fraud in the retail industry is cyber-enabled, which represents a total direct cost of around £100 million. UK retailers already have some of the most ...
According to a new report from CBRE, urban-suburban submarkets are well positioned to capture strong demand from office users. Among the most common attributes of so-called “urban-suburban” submarkets are the presence of abundant retail, ...
The global cloud storage market is expected to grow at approximately 104 billion US dollars by 2023, at 25 percent of CAGR between 2017 and 2023. Major key players are Amazon Web Services, IBM Corporation, Microsoft Corporation, VMware Inc., HP ...
75 percent of British consumers admit that the right reward or incentive could shift their final purchase decision to buy from a competing brand at the point of sale. The independent study of 1,000 British adults, commissioned by 360insights, also ...
A few years ago, Dr. Mohammad Zia PhD was checking flight prices on Expedia when he was puzzled by a section of the website that prompted him to run the same search on competing travel websites, including Priceline and Orbitz. "Instead of ...
"Europe is one of the largest and most dynamic e-commerce markets in the world", emphasizes Frank Schirrmeister, CEO at Arvato SCM Solutions. "US brands, therefore, need to actively improve their reputations in Europe." Hence, ...
According to the company’s latest report, sales of tablet devices are declining as consumers choose to spend more time on smartphones. Consequently, spend via these devices is set to grow 112 percent in the next five years. Key sectors aiding ...
When e-commerce retailers sell products every few seconds, it creates enormous challenges for their logistics processes. Sufficient qualified staff is currently not available to handle these tasks. This is why automated resources such as driverless ...
The consumer retail report, "Shopper-First Retailing: What Consumers Are Telling us About the Future of Shopping," reveals new insights gleaned from shopping behavioral patterns. Launched in tandem with the research is a Retail study by ...
The retailing of different types of baby products through online or e-commerce is considered as online baby products retailing. Online retail provides consumers with the convenience to purchase products of their choice online and payment ...
If the seeming omnipresence of ecommerce innovator Amazon is an indicator of anything, it's that the power and influence of online retailing is not to be underestimated. The nigh limitless scope of products available online through Amazon ...
Located in the heart of Porta Nuova, the city’s up-and-coming innovation district, the new Accenture Customer Innovation Network (ACIN) is part of Accenture’s global network including facilities in Bangalore, Chicago, Manila and ...
It highlights new findings such as that out of the leading Asian online retail markets, India is expected to have the strongest growth rate through 2021. Online retail made up a mere one-digit percentage share of all retail sales in India in ...
German consumers are food-conscious and increasingly select fresh products. Simultaneously, there is a growing uncertainty regarding storage and storage life. This is one of the results of a recent survey conducted on behalf of Bizerba, a ...
With the markets in North America and Europe together accounting for more than 65 percent of the global gift card market revenue share in 2015, an exact estimation of where these markets are headed in terms of performance is the ...
New technologies will become one of the main tools to attract customers on their journeys to visit retail areas. We talked to Erik Juul-Mortensen, president of the TFWA (Tax Free World Association) about the possibilities that Digital Signage and ...
