10 Global Predictions for Retail 2019
Posted on in Business News , Cycles News
AlixPartners provides insight into 10 global predictions for retail in 2019.
We all know that the consumer has never been more fundamental and crucial to retail than now. The retail game has shifted through the unending buying choices available, the explosion of digitally native business models and the speed of delivery.
Here are the 2019 10 global predictions for retail
- Digital natives continue to win share from traditional retailers
- Legacy brands turn to M&A/partnerships to turbocharge capabilities
- Subscriptions/marketplaces give brands unprecedented access to consumers
- AI finally makes an impact on customer experience and supply chain
- Consumers get louder in demanding more from brands
- With an eye on giving value to the customer, the store gets a makeover
- Muddle in the middle: the ends of the retail spectrum continue to win
- Retailers cut costs to focus on new customer-oriented expenses
- Technology, competition and international trade issues force supply chain redesign
- De-globalisation trend affects expansion strategies
Interested in a deeper look into the 2019 trends? Click here.