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Trends are borne when someone pushes the boundaries and in retail, trends are transformative. Take, for example, self checkouts. In 2002, Marks and Spencer held a 12-week self checkout trial. And just like other technologies that have transformed the way we shop, these checkout free stores are here to stay.
In the United States Amazon has made the most significant advances in creating tech enabled retail stores with its Just Walk Out technology that allows customers to skip the checkout. Three years earlier in 2015, eCommerce giant Alibaba opened its first Hema supermarket in China. Do you like this content?
In 2015 Nike launched its SNKRS app which is targeted at sneakerheads , customers who are fanatical about in-demand limited release sneakers. If you do subscribe to our retailtrends newsletter to get the latest retail insights & trends delivered to your inbox. What if we alienate other customers?
retail sales, nearly double the 2015 figure of 10.7%. A decade in review: Ecommerce sales vs. total retail sales 2011-2020. The mall is now digital, and consumers discover new products and brands on retailers’ websites, online marketplaces (Amazon, Etsy, and Shopify), and social media (Instagram, Facebook, and TikTok).
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