Current and future trends in retailing
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What are some current trends in retailing? How have changing demographics, such as the aging population and changes in family structure, affected retail trends? What future trends might you predict based on emerging demographics such as retiring baby boomers?
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Solution Summary
This solution discusses some current trends that are present in retailing, as well as a prediction of future trends.
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Emerging trends in retailing:
- Reducing cost and complexity
- Getting over mass customization and adapting "made for me" approach
- Focusing on women and aging customers
- High speed retail
- Cost polarization: most consumer markets are already polarizing between economy and ...
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