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Seven critical Asia Pacific retail trends that technology can address

Inside Retail

Sun says many LS Retail customers or prospects are now looking at some form of contactless shopping or self-service features, especially supermarkets, convenience stores, quick-service restaurants, and casual dining. In the past, many retailers were content with their outdated solutions fulfilling basic business operations.

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More Private Label, Smaller Store Footprints: How COVID-19 Is Accelerating Existing Retail Trends

Retail TouchPoints

Interest in private label products, from supermarket-branded foods to Amazon Basics hard goods, have been on the rise for the past several years. Retail was already shrinking in terms of floorspace: total square footage dropped by 4.4%. With nearly 60% of retail square footage in the U.S.

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Key retail trends for 2024 – and what you need to do about it NOW

Mike Anthony

But if retail is changing, then manufacturers and suppliers (as well as retailers) need to adjust their strategies and plans to address each of the trends, to realize the huge opportunities that each offers, and to ensure that the (equally huge) threats they pose are understood and mitigated. Retailers operate on slim margins.

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The Future of Retail: 9 Ways Alibaba is Redefining Retail Stores

Indigo 9 Digital

A Hema supermarket in China. By Tricia McKinnon If you want to know what the future of retail looks like perhaps it’s time for you to take a trip to China. China is considered to be two to three years ahead of the United States when it comes to merging digital with offline retail. Stores as fulfillment centres.

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Staying Competitive: Keeping Up With Amazon

Rangeme

Now retailers are doubling down on AI for faster processes that make the customer experience more convenient. Walmart added AI to its fulfillment processes to fill online orders faster. Walmart to build local fulfillment centers at dozens of stores. Supermarket News. Supermarket News. Supermarket News.

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Retailers Focus On Customer Experience With Store Remodelling

Rangeme

Another priority for retailers is to focus on digitalizing the store. French supermarket Carrefour has launched Carrefour Flash , a fully digitally-connected store that uses technology to enable consumers to choose products in the store and go directly to check-out, where their baskets are automatically displayed. In the U.K.,

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Alibaba’s Strategy, 6 Things to Consider

Indigo 9 Digital

“In fact, we saw the acceleration of offline retail as well—there’s more of a shift toward a true omnichannel integration.” Create a true omni-channel retail chain. With the New Retail strategy in place Alibaba made a move into physical retail in 2016 by opening a chain of futuristic supermarkets called Hema or Freshippo in English.