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Tuesday, September 9, 2014

All About Alibaba: What Brands Need To Know

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All About Alibaba: What Brands Need To Know | Intelliretail.com
It's no exaggeration to say Alibaba has revolutionized the lives of China's consumers. Offering one-stop shopping for everything from toothpaste to cars, it's responsible for 80% of China's e-commerce market, which is already or soon to be the world's biggest. In the second quarter of 2014, Alibaba sold more than Amazon and eBay combined.

Sunday, August 3, 2014

The mall of the future: It's nothing like today

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The mall of the future: It's nothing like today | IntelliRetail.com
Forget the fluorescent-lit indoor mall that's been synonymous with shopping for years. The future of retail will look starkly different 25 years out.

Full-body scanners that take your measurements, and recommend the clothes that best fit your body. Seamless checkouts that can be done from inside the dressing room or on your mobile phone, eliminating the need to wait in line.

Innovations like these are already threatening to become mainstream. And, as consumers shift a larger chunk of their spending toward the Web—where they're offered a seemingly endless pipeline of products—experts say bricks-and-mortar locations need to undergo a complete makeover to stay relevant in future decades.

Source: The mall of the future: It's nothing like today




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Wednesday, July 30, 2014

Family Dollar and the slow, surprising death of the discount store

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Family Dollar and the slow, surprising death of the discount store | IntelliRetail.com
What has happened to that great American archetype, the penny-pinching bargain shopper?

Americans were once known to love a good deal; this is the country that invented ending every price with "$.99" Add to that the US economy has been less than robust for the past six years, marked by a recession leading into a rocky, dissatisfying recovery that includes a weak housing market and 10 million people out of work.

Source: Family Dollar and the slow, surprising death of the discount store | Money | theguardian.com




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American Consumers Aren't Retail's Top Priority Anymore

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American Consumers Aren't Retail's Top Priority Anymore | Intelliretail.com
Chinese consumers have retailers' undivided attention.

Companies like Procter & Gamble and Unilever have ambushed Chinese customers with tailored assortments like green tea-flavored toothpaste. Consumer brands like Victoria's Secret, Abercrombie & Fitch, and Old Navy are aggressively building stores in mainland China.

Source: American Consumers Aren't Retail's Top Priority Anymore | Business Insider India




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