Convenience is key for today’s consumers, and retailers are recognising and responding to this in the form of online delivery, and fresh, ready-made meals.
Consumers value the superior quality of local products and the “buy local” movement has made retailers more willing to partner with local suppliers because these suppliers offer mutually beneficial, strategic value.
Today’s strong consumer demand for sustainable products can help suppliers and retailers stand out in the crowded business-to-consumer (B2C) marketplace.
In a world where you can order your favorite items online and have them delivered in as little as 60 minutes to your door, consumers aren’t as readily making the trip to brick-and-mortar stores as they have in the past.
Retailers increasingly source local products to streamline logistics and reduce transportation costs. Both retailers and suppliers build goodwill by investing in the local economy, and consumers feel good for supporting people and jobs in their community.
From localization to omni-channel personalization, here are the Top 5 Retail Trends to Watch in 2016...