By 2040, physical stores as we know them will completely change. The shift towards e-commerce is forcing retailers and brands to rethink the purpose and use of stores. From drones to robotics, you'll get a glimpse into the technologies that will inspire the future retail environment.
73% of retail professionals said the crisis accelerated some, if not all, of their tech-related investments, putting pressure on them to innovate faster to stay relevant and profitable. In collaboration with the National Retail Federation (NRF), this white paper explores…
Technology has become interwoven with commerce, making it much more important for companies and brands to understand consumers' perceptions and digital habits. To better explore this topic, Euromonitor leverages the expertise of in-house analysts and key stakeholders across impacted industries to launch the annual Voice of the Consumer: Digital Survey.
While headlines have focused on quick commerce players and their VC-backed pocketbooks, large retailers such as Walmart should not be counted out.
Despite much controversy and skepticism, the metaverse is the next iteration of the internet, promising to be as disruptive to travel brands and destinations as online booking and mobile web. Already, travel companies are testing the waters, offering fun and immersive travel experiences, launching brand campaigns in the metaverse to reach new audiences.
With competition in the on-demand delivery space growing fiercer just as the short-term outlook for on-demand delivery is worsening, the stage is set for an intense round of consolidation in the industry that has already been trending towards greater consolidation over the last few years.
Fragrances, a highly sensorial category, was one of the winning beauty and personal care categories of the COVID-19 pandemic. In addition, e-commerce helped propel growth globally in 2021, but digital engagement beyond transactions will drive future momentum.