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Tag: changing

EDITORIAL How the role of the store is changing as customers do more of their shopping online

In today’s InternetRetailing newsletter, we’re reporting as the latest figures show shoppers now starting to head out to stores again post Covid-10 lockdown. But when they do go, suggests ShopperTrak’s Andy Sumpter, they are engaging in more “purposeful shopping”. That suggests shopping trips where customers already know what they want and are making a trip …

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‘Retail is changing by the day’

Retail is going through what can be considered a “golden age” as businesses adapt to a new landscape of connecting with consumers, “Shark Tank” star and serial entrepreneur Daymond John said Friday. Companies such as Home Depot are using the internet to their advantage to thrive, while others that lack the necessary technology are dying, the …

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RetailX Tracker: understanding changing shopper buying behaviour during coronavirus

There are many predictions of how the UK’s shoppers are likely to change their buying habits during the coronavirus pandemic – an event that Prime Minster Boris Johnson yesterday said was the “worst public health crisis for a generation”.   A change in buying behaviour seems very likely. Already we’ve seen such a change in …

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Millennials ‘worry,’ changing spending most amid coronavirus: study

A customer enters a CVS Health Corp. store with signs displaying “Sorry We Are Out Of Masks” in San Francisco, California, U.S., on Wednesday, Feb. 26, 2020. David Paul Morris | Bloomberg via Getty Images Millennials are being described as the “worry generation.” And with a new coronavirus spreading across the U.S. and globally, and …

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How innovation is radically changing retail and shopping mall industries

As we approach first quarter of the 21st century, everything, including retail design trend, is changing as far as the shopping mall and retail industries are concerned – and that too at a great pace. While change is inevitable, the fact of the matter is that the curve of changes is bit too steep than …

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Myntra’s Amar Nagaram on changing behavioral patterns of the online fashion consumer

Indian fashion is at crossroads as consumer profiles are getting blurred. A consumer in a metro / Tier I city is no different in terms of aspirations and spending power from consumers based in Tier II cities. The increase in consumption and awareness of fashion can be attributed to factors like immense penetration of the …

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How Millennials are changing the foodservice industry

Millennials are what we call people born in the period from the early 1980s to the late 1990s. And for this generation, often also called Generation Y, independence ranks high in their scale of values. In a trend study by the Zukunftsinstitut, which surveyed around 500 people aged between 20 and 35, it was found …

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The Changing Face of Indian Malls: From shopping destinations to community hubs

What goes into making of a perfect mall? Is it mall design, location, brand mix, zoning, ambiance, great F&B and leisure options or offering of basic services to shoppers walking into the mall? From a shopper’s point of view, the option of being able to avail of basic services like accessible seating places, wheelchair services …

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Artificial Intelligence: The Next Tech Bubble or the Changing Face of Technology

Did you know that five of the biggest tech giants viz. IBM, Microsoft, Google, Facebook, and Amazon have recently formed a partnership for the research and development of Artificial Intelligence? And these market leaders form just the top of the cream. Thousands of startups like Kwiziq, JamieAI, and Verv are blooming across the globe, investing …

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How online meat delivery is changing the retailing model in India

The online meat selling start-ups have changed the way India buys meat. These firms sell custom cut, marinated and ready-to-cook meat products and are a boon for people sitting at home and wanting to enjoy a non-vegetarian meal without the hassle of cutting and cleaning. According to industry research, the size of India’s meat market …

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