Retail Insider
The 2024 holiday season is officially here with exciting times ahead for both retailers and shoppers. According to PWC’s Holiday Outlook 2024 report, “Despite 59% of consumers saying that inflation will probably influence their holiday spending this year, overall spending is projected to increase by 7% to an average of $1,638 per shopper.”. The …
Welcome to the New Retail Insider Website
Nov 2, 2020 · The new website is also part of an expansion for Retail Insider, which recently partnered with Best Retail Careers International Inc. to launch the new Luxury Careers Canada job board and staffing firm.. Retail Insider launched podcasts which have become popular, and now we are in the process of launching curated research as well as other initiatives. ...
6 Tech Trends Reshaping Retail in 2024
Dec 18, 2024 · Over the past years, the retail industry experienced unprecedented growth, and it has been propelled to change and adapt to meet new, changing customer needs and wants. And, technology has been the absolute protagonist of this transformation. From AI-driven insights to immersive virtual experiences ...
Bigger holiday budgets defy deal-hunting: JLL
4 days ago · This festive season, Canadian budgets for holiday goods are seeing a merry increase of 32% year-over-year – the most significant rise since 2019, says a report and survey by JLL Canada. “Deal seeking behaviour shapes holiday shopping strategies, with nearly 90% of respondents looking for bargains.
Breaking Boundaries: How Online Tools Are Redefining Retail on a …
Dec 17, 2024 · Retail isn’t what it used to be. Once upon a time, expanding your shop’s reach meant opening new physical stores or maybe, just maybe, getting featured in a catalogue that went beyond your local area. But today, the walls of retail are crumbling and the tools to make that happen are digital. The ...
Ecommerce Trends 2024: AI, AR, and Sustainability Shaping Retail
Oct 19, 2024 · As the digital landscape evolves, voice search and mobile shopping are becoming more integral to the ecommerce experience. Voice assistants, such as Amazon Alexa and Google Assistant, are transforming the way consumers shop online.It’s estimated that by 2025, 75% of North American households will own a smart speaker, making voice-activated shopping a key trend for the future.
The Increased Adoption of AI and Automation in Retail
Sep 18, 2024 · When a customer adds an item to their online shopping cart, algorithms are already at work predicting what else they might like - sometimes before they even know it themselves.
The Power of Retail Partnerships: Collaborations That Drive Growth
Oct 30, 2024 · The retail environment is rapidly developing, and partnership has become one of the essential tools for success. Brands find retail partnerships as significant sources of growth and new targets, opportunities to diversify products, and ways to improve customers’ experiences.
Winning In A Digital Era: 5 Retail Industry Trends To Watch In 2024
Dec 26, 2023 · The retail sector is dynamic and ever-evolving. New challenges are spurring retailers to ongoing optimization efforts. Anticipated statistics suggest that approximately 70% of retail operations will achieve full automation by 2025. The development of retail technology is becoming an important condition for survival in the market.. The future of retail stores is …
Retail Tech Innovations Transforming Supply Chains
Jul 4, 2024 · An efficient and responsive supply chain is critical for retail success. Supply chains are the backbone of the retail industry, encompassing everything from sourcing raw materials to delivering finished products to consumers.