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Wednesday, March 21, 2012

What retail has in store for the future

Observation:   Earlier this morning, Research Brief published a story summarizing a recent whitepaper from Nielsen, which focuses on emerging trends and likely adjustments that will impact retail over the next four years.  Click here to see the story.

Implications:   A number of these trends are worth thinking about...  including the polarization of store sizes between small “grab-and-go” locations to one-stop convenience of mega stores, as well as the increasing pursuit of experiences that will guide select consumer decisions.

In the years ahead, what you do will not distinguish you from the competition; it is how you do it and how you add value to the consumer’s life—how you do it—that matters.

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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