Showing 246 posts

Future of Retail: Is It Coming Apart at the Seams? (RMS)

• Over the next 5 years US consumer spending is
forecasted to grow by 22%; non-essential
categories, including vacations and dining out, will
see the fastest growth, about 27% (Mintel)
• More than 3 in 4 millennials would choose to
spend money on a desirable experience
• Experiences are what people use to define
themselves across social channels

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The Shoptalk Startup Pitch

• Fung Global Retail & Technology advises retailers, real estate developers, tech companies, and others on projects situated at the intersection of retail, tech and/or fashion
• Our team offers a robust knowledge bank and deep-rooted experience across the retail, fashion. and tech industries. We are involved in many areas of the business, which allows us to offer a unique perspective on the future and where the sector is heading.

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Top 25 Retail Trends

Top 25 Retail Trends
1. Store Traffic
2. Experiential Retail
3. Smart Malls
4. Retail Store Closings and Openings
5. Owning Grocery
6. Moving to Omni
7. Evolving Pure Plays
8. Winner-Take-All E-Commerce & More…..

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1Q2016 Recap (Planalytics)

Q1 2016 and Spring Retail Trends
1. Selected April Sales
2. Selected Latest Quarter Earnings
3. Mixed Luxury Results
4. Online: Amazon Spotlight and More

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What is Driving Retail in 2016

Use of Data Analytics
Accenture: “While companies understand the value of big data analytics, they have yet to
figure out the best way to use it to improve their overall business.”
Embedding big data analytics in operations leads to a 4.25x improvement in order-to-cycle delivery
times, and a 2.6x improvement in supply chain efficiency of 10% or greater.

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Retail Landscape Overview (Global Supply Chain Innovation Summit)

Urban Outfitters acquired the Vetri Family group of
restaurants in 2015
• Club Monaco collaborated Café Myriade to open an in-store
coffee shop in Montreal
Food &
Beverage
In-Store
Technology
• Rebecca Minkoff offers interactive mirrors as well as virtual
reality headsets in stores
• Tommy Hilfiger stores have virtual reality headsets that allow
visitors to experience runway shows

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Retail Update

Obesity affects 1/3 of Americans; the
number of overweight women in the UK
increased from 49% to 57% between 1993
and 2013
• Beauty norms are changing—“real people”
models
• E-commerce and social media
• Plus-size wearers crave fashionable clothing

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5 Ways Amazon Is Shaking Up Retail

“The growth of online retailers, especially
Amazon, has made shopping trips less
appealing. Just as mall traffic has decreased
(Fung Business Intelligence Centre estimates
that the average American now visits a mall
three to four times a year, as opposed to five to
six times a few years ago), visits to big-box
retailers are also dropping.”

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