Retailers will need to adopt a range of tactics to generate shopper footfall in the short-term and develop strategies to use space in new ways over the longer-term in their physical stores. Five themes in particular will shape the physical store of the future; experiential and exciting, digitally enabled, highly efficient, omnichannel native and naturally sustainable.
The quick commerce space is evolving rapidly and becoming crowded, with many pure plays launching over the last 12 months. While this creates opportunities to reach new customers and serve new missions, IGD expects to see consolidation in the market over the next year.
In the last few years, Magnus Larsson has focused on developing Pricer’s service offering and organization, and these experiences will be helpful as Magnus becomes the Acting President and CEO to execute on the company’s strategy. In his previous positions within the company, Magnus has worked closely with customers and partners to solve the challenges they face today and tomorrow.
Anas Almaletti, Co-Founder & CEO of Cell Phones For Less, Inc., grew up in Madaba, Jordan. He shared a three-bedroom house with 15 family members for the first ten years of his life. That period shaped his entrepreneurial spirit and sense of belonging to a community bonded by common values and overcoming hardships together.
In today’s modern world, having a fully digitized business system is an operational need. HansaWorld is experienced with remote working, and their in-built tools have made collaboration across their global team successful for many years. The current COVID-19 pandemic is a great example of this, and the company is seeing businesses that have adapted quickly to working remotely win. Standard ERP’s Digital Office suite is an entirely paperless and collaborative digital work environment.
Today there is a real urgency to reconnect the designer and the consumer. Designers have no access to real-time data on what is resonating with the consumer. For consumers, there is no direct channel to interact with the designers to influence their shopping decisions.
In 2007, Nathan Cohen and his two co-founding partners, all from European backgrounds, were moving into new homes and looking for modern furniture. All they could find to buy were some very classical-looking furniture.
Today’s retail industry is characterised by the highest customer and retailer awareness level ever. It has never been easier for customers to compare a product with competing offers, and never has such a wide variety of choices been within easy reach. Retailers, in turn, have never before had such detailed information about their customers, their habits, and preferences as they do today.
Rich S Pirrotta, CEO, Synergy North America comes on board as demand for SnapFulfil’s agile, responsive and cost-effective solutions has never been greater due to the explosion in e-commerce and faster moving goods.
He has over 30 years’ experience in line executive and management consultant roles for the likes of Procter & Gamble, Deloitte and Logicalis, across 35 countries worldwide.
Tarcisio Vergani, President & Group CEO at N-and Group, is a visionary leader and wanted to introduce ‘future proofed’ technology in the market to allow consumers to have a unique and dynamic experience when buying products from an automatic machine. He wanted customers to have a single platform suitable to different machine brands, and use it on both new and existing ones–promoting a circular business model giving machines in the field a second life, as well as complying with the Industry 4.0 requirements–alongside increasing “same store sales” through new services and new business models.
