Future of Retail | Sweating assets for growing volumes and same store sales 8Future of Retail Report, Deloitte, June 2023 9RBI Governor, Economic times, April 2024 10NSO, United Nations, CRISIL 11CRISIL India Economic Outlook 2023 12Centre …

Our annual retail industry outlook explores three key opportunities: Lean into loyalty programs; Enhance omniexperience through in-store investments; Drive individual engagement at scale with trustworthy AI; Download our full 2024 retail industry outlook to learn more about the biggest focus areas for retailers in the year ahead.

Nearly three years into the pandemic, retailers are ready for a shot of optimism. The numbers provide it, as surveys show consumers are now comfortable going into a physical shopping environment. But they want the features and conveniences of online shopping. See the retail industry trends and what the future of retail after COVID-19 looks like.

Digitizing the retail workforce Retailers will need to dig deeper for an understanding of what’s driving the accelerated rate of change in the industry and to respond with the corresponding strategies that match those forces. Transition to the future of work: New skillsets for retail workers are on the horizon. To capitalize, organizations ...

Jan 28, 2025 · Lupine Skelly is a manager at Deloitte Services LP’s Consumer Industry Center and leads research for the Retail, Wholesale & Distribution sector. With more than 15 years of retail market research experience, Skelly uses her expertise to uncover actionable insights around emerging trends across the retail industry.

Faced with the revolution in the retail sector driven by disruptors, conventional retailers are taking an increasingly proactive stance with regard to the changing consumers and technology as well as the transformation and reshaping of the retail ecosystem. Fig 1. Reshaping the Future of Retail through Innovation

Jan 24, 2025 · Additionally, James is the Deloitte Americas’ Future of Food Convergence leader spearheading a cross-industry program that is transforming the food ecosystem by enhancing transparency, advancing a circular economy, and engineering climate-smart products that prioritize human sustainability and a nature-positive system.

Since the COVID-19 pandemic, the retail industry has been moving into a digitized future, shifting from a supply-driven approach of matching goods for the masses to a data-driven hyper-personalized experience for individual consumers, or moving from mass to micro. 1 However, given the high transitional costs and headwinds of legacy systems and ...

Rethinking retail stores for differentiation and growth As consumers’ expectations shift , their engagement across multiple channels is increasing. To prepare for the future of shopping, retailers must reimagine how to create a holistic, tailored shopping experience, enabling customer-centric journey touchpoints.

Future retail trends Q4 2022 Retail media networks are key As inflation and revenue woes bleed into the current holiday season, retailers must leverage key trends to maintain stable short-term operations while also positioning themselves for long-term success.