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Topmost Shopping Trends Of 2018: Retail Experts Prediction For Upcoming Years

If retailers want to survive in the market, they have to make necessary adjustments in their existing business process to align with technology revolution otherwise they may wipe out from the market. Let’s discuss the topmost shopping trends of 2018 that can help retailers to fulfill the consumer needs and desires.

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Topmost Shopping Trends Of 2018: Retail Experts Prediction For Upcoming Years

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  1. Topmost Shopping Trends Of 2018: Retail Experts Prediction For Upcoming Years

  2. Last year we have seen remarkable changes in the retail industry. • The apocalypse of the retail industry has come up with a positive impact so that 2018 could be the year of a retail revitalization. • Now retailers have made adjustments to align with consumer needs & adopted new technologies & trends to provide best customer satisfaction.

  3. Topmost Shopping Trends • Recent retail sales were increased up to 4.2% year-over-year in July 2017. • On a percentage basis, 42% brands are opening stores, 43% are holding steady and only 15% are showing a net decrease in stores. • In 2017, retailers have opened 4,080 new stores & plan to open over 5,500 more in 2018.

  4. New Opportunities in The Retail Industry Tech Transformation. What to Watch?? Stay The Course.

  5. Tech Transformation • With each passing years, technologies have become more diverse & advanced & hold remarkable promises for retailers. • It depends on how quickly they adapt customer’s needs as well as latest market trends. • The retailers require an extensive research on the latest market that revises frequently.

  6. What to Watch?? • Being a retailer, you should always watch the latest scenario of the market & realign your businesses with the requirements of the target audience. • Most of the retailers are working on it to give delight experience to the customers. • Tech-savvy retailers are already started to offer cash back & gifts with purchase & in-store discounts to break the consumer spending pattern.

  7. Stay The Course • Retailers have remodeled their stores & made system wide. • Logistic changes in business by putting the people at the center of the model. • The impact of omnichannel the volume of big stores has grown to the point where the small stores are totally disrupted.

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