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Decoding the global trends shaping the future of retail

Inside Retail

In late 2023, Salesforce reported that 59 per cent of consumers had shopped on social media, a massive jump from 15 per cent in 2021. In the US alone, TikTok shop garnered 1.1 Given that shoppers in other markets have embraced it, however, the exam question is: Should this be regarded as a permanent or temporary difference?

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Oh!some sets sights on new markets, reaching 100 stores this year

Inside Retail

Retail chain Oh!some some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. The supply chain advantage is a key part of Oh!some’s some’s strategy and one of the major reasons we are competitive in the retail market. The post Oh!some

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“A big vote of confidence”: Why Walmart’s store upgrades are key

Inside Retail

The retailer also expanded its vision centres and pharmacies with private screening rooms, and placed digital touchpoints throughout the store to provide information of products and services. And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items.

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JYSK to open two new stores in Greater Manchester

Retail Focus

Despite a challenging year for the retail market, with forced store closures during lockdown periods, over 860,000 customers (a 55% YoY increase) in the UK & Ireland chose to shop at the Scandinavian retail chain to improve everyday life in their homes, confirming a UK-wide trend that has seen homewares sales soar.

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The Lexicon welcomes host of new occupiers amid action-packed summer events programme

Retail Focus

The Lexicon has also welcomed growing Danish retail chain Søstrene Grene and well-known home store Robert Dyas. Each week, all Søstrene Grene shops receive a wealth of new, exciting products, and some are only sold for limited periods. Both are occupying units on Braccan Walk with Søstrene Grene taking 6,000 sq ft of space.

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What is Omni-channel Retail?

Retail Bound

Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and Incentive markets represent 80%.

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Get to Know Robert Bruza – Retailbound’s Director of Business Development

Retail Bound

The retail journey can be challenging and expensive and the earlier brands prepare for retail the more successful they will become. Lastly, retail. Early in my career I worked as a buyer for a prominent retail chain and as a retail store agent for a premier shopping center company.