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The figures are daunting: 70% of executives say labor shortages— especially in hourly wage jobs—will hamper retail growth in 2022. Currently, the biggest pain point for retailers is at the store level, and 74% expect shortages in customer-facing positions in 2022.
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May 11, 2021 · Jeff Orschell, and. Joshua Chernoff. May 11, 2021. HBR Staff/contrastaddict/Stocksy/Getty Images. Summary. The pandemic has changed consumer behavior in big and small ways — and retailers are...
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Nov 4, 2022 · The powerful combination of social media and accessibility to the stock market via digital trading apps created a force to be reckoned with—and an opportunity for the financial industry to ...
- Krishan Arora
Nov 30, 2023 · Insight No. 3: Retailers will prioritize spending on marketing and IT in 2024. Despite high rates of software buying regret, retailers will continue to invest in technology in the coming year to tackle industry challenges such as engaging with customers, both in-store and online, and finding new audiences.
Mar 19, 2024 · With the continuous evolution of technology and consumer preferences, understanding the latest trends and employing innovative strategies is imperative. This article explores the key trends and tactics that can empower online retailers to achieve sustainable growth and success.
- Mohamed Dabo
Jul 10, 2023 · 2023 Online Retail Report. Store Shopping Revival Was Short-Lived and Survey Shows Consumers Prefer AI-Driven Personalization. In the 2023 edition of this annual report, the Retail & Consumer Products practice at FTI Consulting projects U.S. online retail sales will reach $1.14 trillion in 2023, an increase of 10% from the previous year.
