This interview with global retail expert Doug Stephens shows why income inequality is leading to the bifurcation of retail to high-end luxury and bottom-end dollar stores in both the United States and Canada. Cross-reference this with the 2000 dollar store openings in the United States in 2014.
Amazon, Apple, Google, Facebook and where retail is headed
This presentation from Scott Galloway is a mind-bending look at the business models of the largest tech companies in the world and what they will do to transform the retail sector. Spoiler alert: The future will not look as logical as the present for all firms. Something will have to give. The fireworks might make a very loud bang.
Digital payments are disrupting retail
Retail is evolving at a breakneck pace. Nowhere is this more evident than payment technologies.
Retail Trends: Digital Payments and PayPal Growth
Competitive Futures is doing significant research into the future of retail, one of the sectors featuring the most significant change of any industry. It is not exaggerating to say that retail is changing the most since the revolution of mass production. While there are many factors in this shift, check out this single trend line in e-commerce and digital payments: …