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Retailing 2020 – 2030: taking a long view
Research continues to show that while online shopping continues to grow across most demographics, the youngest customers, Gen Z’s remain very comfortable shopping in-store, particularly if it includes a high level of experience, both through tech and touch. Walker Sands research shows 59% of 18 to 25-year-olds prefer a “brand experience”, but it be... See more
Sanford Stein • Retailing 2020 – 2030: taking a long view
Retailers now and for the foreseeable future will live or die based on their ability to sift through mounds of data in order to create product and service offerings that resonate with their consumers. This includes dealing with the growing complexity of supply chain, inventory management, and more. At the same time, margins are being squeezed like ... See more
Sanford Stein • Retailing 2020 – 2030: taking a long view
First described as the “store with no inventory” when introduced in late 2017, it is indeed very much more. The store is built around three key offerings: online order pickup and return, styling services, and tailoring and alterations. Other services vary by location but include nail services, bars, gift wrapping, even stroller cleaning...For Nords... See more
Sanford Stein • Retailing 2020 – 2030: taking a long view
Sixty-five percent of customers between the ages of 18-35 feel it is important that a brand or retailer be committed to sustainability.
Sanford Stein • Retailing 2020 – 2030: taking a long view
3-SUSTAINABILITY: Casting a Very Long Shadow
Sanford Stein • Retailing 2020 – 2030: taking a long view
5-THE LINCHPIN: Data and Technology
Sanford Stein • Retailing 2020 – 2030: taking a long view
Direct to Consumer (DTC) Brands are Replacing Specialty Brands
Sanford Stein • Retailing 2020 – 2030: taking a long view
Resale Gets Real
Sanford Stein • Retailing 2020 – 2030: taking a long view
Bridging the Gap Between Convenience and Connection