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Retailing 2020 – 2030: taking a long view
Transparency in sourcing and manufacturing has become table stakes in the minds of over two-thirds of 18 to 35-year-olds. Where something is made, under what kinds of working conditions, and environmental sustainability across the entire distribution chain are now all a part of the decision-making process.
Sanford Stein • Retailing 2020 – 2030: taking a long view
6-MALL FALL: Department Store Degradation and Mall Seizure
Sanford Stein • Retailing 2020 – 2030: taking a long view
Bridging the Gap Between Convenience and Connection
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
Another new player on the RaaS scene is ShopFulfill which will open their first Anchor Shops concept in downtown Philadelphia in the second quarter of 2020. Anchor Shops focuses on giving digital native brands the necessities to gain traction offline by providing both space as well as logistics and infrastructure that otherwise would not be afforda... See more
Sanford Stein • Retailing 2020 – 2030: taking a long view
1- NICHE RICH: Continued Customer Segmentation Refinement
Sanford Stein • Retailing 2020 – 2030: taking a long view
Digital has led to market fragmentation in nearly everything. Reduced opportunity costs have spawned a plethora of Direct to Consumer (DTC) brands which will continue for the foreseeable future. Small niche startups will continue to build followings and “tribes” in ways that couldn’t have been imagined in the pre-internet era.
Sanford Stein • Retailing 2020 – 2030: taking a long view
5-THE LINCHPIN: Data and Technology
Sanford Stein • Retailing 2020 – 2030: taking a long view
Third-Party, Retail as a Service (RaaS) Proliferates