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Two small team retailers hold onto large shares of the retailmarket for the second year in a row. Pharmacies, CVS, and Walgreens which collectively share 9.47% of the retailmarket, landed in the top 10 alongside retail giants, Walmart (12.67%), Amazon (10.4%), and Costco (4.65%), respectively.
The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. When it comes to offline retail sales, one of the most popular retail channels is still brick-and-mortar stores. It is a $3.9
Lots of specialtyretail stores plan their business by “buying what we sold last year” or “we expect to be up 2%.” Both consume cash flow like an army of college kids at a pizza-eating contest. Big retailers have very expensive systems (read: more than a million dollars) that do this for them. These are not forecasts.
The themes on display are often indicative of the global trends affecting consumers and retail. In the past year or so, KPMG has published global research papers that add further insights to the big trends affecting retail models and consumer behaviour. What do consumers think and how are retailers using it?
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