Executive Summary

Global Retail Sales and Internet Retail Sales

  • Global internet sales will reach US$1 trillion this year, we forecast.
  • Between 2015 and 2020, we expect total global retail sales to grow at a compound annual rate of 5.4%.
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Executive Summary

  • Technology and retail are colliding. We have identified four technologies that will cause further upheavals in retail.
  • Retailers have started early Easter promotions.
  • More Wall Streeters defect to tech firms as Kraft and Heinz agree to merge.

Executive Summary

China’s Mall Boom
  • The China Chain Store & Franchise Association (CCFA) estimates that around 300 new malls are opened in China each year and that the total number of malls will reach 4,000 by 2015.
  • Nine out of the top Ten newly completed malls are in China.
  • Malls account for the majority of China’s commercial property supplies: 68.3% (Tier 1 cities) and 61.6% (Tier 2 cities).
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Executive Summary

  • US Unemployment Rate Back on a Downward Trajectory
  • February Retail Sales Stall with Inclement Weather
  • Price Wars Push UK Grocery Deflation to Record Low
  • Russian Recession Hitting Luxury

Executive Summary

US MACROECONOMIC INDICATORS
  • GDP
  • Inflation Rates
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Executive Summary

  • Uber’s Influence Spreading into Logistics
  • US Store Traffic Declined 6.3% in February
  • No Spring Expected for US East Coast Next Week
  • Samsung Launches New Smartphone and Payment System

Executive Summary

  • US Housing Market Trails Broader Economy
  • Wages Set to Rise at US Retailers
  • UK Clothiers Ahead 4.9% YoY in January
  • Cyber Security at Superfish

Executive Summary

Agenda

  • The Disruptors: Connectivity & The Mobile App Ecosystem
  • What’s Changing?
    Products & Markets
    The Way People Shop Now
    The Payment Ecosystem
    Retail Business Models
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Executive Summary

  • January US retail sales disappoint, but auto sales charge ahead
  • Mainstream brands invade New York Fashion Week, seeking cachet
  • Job cuts at Tesco could total 10,000
  • FBIC wishes everyone a wonderful Chinese New Year and a happy year of the goat

Executive Summary

  • The NRF estimates total US spending on Halloween of $6.9 billion in 2015, down half a billion dollars from last year. Halloween’s falling on a Saturday this year could increase the number of those celebrating
  • Facebook is now testing a “shop” section that will enable consumers to discover, share and purchase products, initially only from companies
  • Tesco introduced a new Brand Guarantee scheme that offers an immediate price match on branded products at checkout
  • Kohl’s announced that its same-day delivery service will be available in Boston, New York, Los Angeles, Miami, Northern New Jersey, Philadelphia, San Francisco, the Bay Area and Chicago. The department store is partnering with an Uber-like startup, Deliv, which hires drivers to deliver orders from stores and malls.

Executive Summary

CONSUMER SPENDING INDICATORS

  • Housing
  • Auto – Light Weight Vehicles
  • Personal Consumption
  • Consumer Sentiment
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Executive Summary

  • US store traffic improves, driven by a lift in footfall at apparel stores
  • UK retail pulled down by grocery deflation
  • Retail sales sharply drop in Brazil in January
  • Positive consumer sentiment jumped to its highest level in 11 years as steady job gains and plunging gas prices brightened the outlook for US households

Executive Summary

  • Retail Sales And Traffic Decline 7.7% YOY In January
  • US 4Q GDP Growth Driven By Consumer Spending
  •  Europe Retail Sales Up 2.2% In December
  • China’s Ctrip To Speed Up Expansion; Alibaba Builds New Partnership

Executive Summary

Agenda

  • Wearable Tech
    – How are we seeing wearables actually used?
  • Gamification
    – Retail and social
    – Health and entertainment
  • Augmented/Virtual Reality
  • Practical Internet of Things
  • Proliferation of Magic Mirrors
  • Practical Uses of RFID
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Executive Summary

Agenda

  • About FBIC (Fung Business Intelligent Centre)
  • Holiday 2015 Wrap-Up
  • Top 16 Disruptors for 2016
  • Top Five Retail Technology Trends in Asia
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