The gains follow explosive sales growth of chains such as Dollar General, which opened 1,000 stores in 2017.
Marshal Cohen, chief industry advisor, retail at The NPD Group Inc., shares insights behind the data.
The First Insight Inc.-sponsored session was part of the National Retail Federation’s “Exhibitor Big Ideas” program.
Euromonitor International sees technologies such as augmented reality playing a key role this year.
Retailers must find their new purpose in the emerging integrated marketplace if they are to drive long-term customer loyalty.
Benjamin Lord, global director at Kinetic-WPP, explains.
Accenture presented a new retail model during a panel session with WWD and the CFDA.
The popular features are quickly becoming new cornerstones for retailers’ top success strategies.
Research conducted by NewStore showed a disconnect between online and in-store capabilities.
The financing will help accelerate the personalization platform provider’s growth.
Devices and software such as Amazon Alexa and Apple’s Siri inject another aspect of personalization available to increasingly demanding consumers.