Post by arfanho7 on Feb 25, 2024 2:00:24 GMT -5
Some retailers ecommerce threatens to digitize the products they sell and leave them without anything meaningful to stock in their stores. For others hyper competitive online retailers with operating price selection and convenience advantages render their brick and mortar formats unable to earn their cost of capital. A few retailers face the challenge of successfully capturing the opportunities ecommerce presents to increase the productivity of their existing brick and mortar stores.
The vast majority of shoppers aided by the transparency of technology and conditioned by the Great Recession are becoming more price driven causing many brick and mortar retailers to become unable to compete. customers now connect directly with manufacturers cutting retailers out of the transaction entirely. As shopping trips Ukraine Mobile Number List both online and in store become more targeted and baskets shrink retail continues to fragment between brick and mortar stores and ecommerce. As consumers too fragment along income lines retailers that have depended on a broad middle class are finding that their one size fits all formats now fit only a narrow segment of the population.
Finally much of retail growth over the last three decades has relied on aggregating volume to support a large store infrastructure. However this volume may not materialize in any channel in the coming years. Millennials who are soon to become the main consumer segment in the economy are expressing decreased consumption due to better utilization of existing goods lower spending capacity lower desire to consume and delays in key life events that drive consumption e.g. marriage children.
The vast majority of shoppers aided by the transparency of technology and conditioned by the Great Recession are becoming more price driven causing many brick and mortar retailers to become unable to compete. customers now connect directly with manufacturers cutting retailers out of the transaction entirely. As shopping trips Ukraine Mobile Number List both online and in store become more targeted and baskets shrink retail continues to fragment between brick and mortar stores and ecommerce. As consumers too fragment along income lines retailers that have depended on a broad middle class are finding that their one size fits all formats now fit only a narrow segment of the population.
Finally much of retail growth over the last three decades has relied on aggregating volume to support a large store infrastructure. However this volume may not materialize in any channel in the coming years. Millennials who are soon to become the main consumer segment in the economy are expressing decreased consumption due to better utilization of existing goods lower spending capacity lower desire to consume and delays in key life events that drive consumption e.g. marriage children.