How the retailers can continue to evolve
Have you ever heard this statement that retail is dying? The numbers of listener don’t support the whole story until you can head by yourself. Many decades ago, NRF and the state of retailing of Forrester have shown the world, through online studies that the industry never faces a dull moment. It is attested by the Analyst Sucharita (Forrester Retail Analyst) that the fact is hidden in the retail apocalypse. Furthermore, she says that we have a crush on it now.
Retailers plan for investment
To present the latest report Kodali joins the Retail Gets Real episode, in which retailers plan for investment because they are the key investor. However, success retailers learn from examples and helpful in adopting change.
E-commerce is pushing retailers business to a decline
To closure some retail store, there are some biggest news stories, in which retail is decline while feeding narrative. The numbers tell that there are different outlook and through this, many brands want to open a store in this year. However, e-commerce pure play is the best example, here are some names like Amazon, Rockbox, and Warby Parker. Kodali says it’s really hard to realize that pure-play gain the market share through online.
Retailers are finding different ways to integrate both physical and digital worlds
Continuously, retailers are finding different ways to integrate the physical and digital worlds, most importantly for improvements such as back-end processes or self-checkout. However, the challenges are remaining with some priorities towards, organizational goal, getting content online and optimizing products, much as companies engaging with great things like latest and unique engagements.
Kodali said, companies have basic numbers of opportunities that seem to get the right place before it truly makes the best digital strategies. Listen to the breakdown numbers episodes. Also, you can download the retail report 2018, through online. Don’t forget to watch the episode of Kodali’s insights.