What can Retailers do about an aging population?

Our nation is aging, and fast. For every one shopper that ages out of peak consumption years, only 0.8 ages back in, meaning the US is not replacing shoppers on an age-weighted basis. So while this isn’t big news for many, it’s a persistent fact that sits heavy on the future of US retail, begging the question, “What are retailers …

3 Seasonal Retail Best Practices to Boost Shopper Commitment

Seasonal best practices today are more complex than ever. Shopping has evolved due to the economy, technology, savings-minded consumers, multicultural population growth, and competitors savvy in analytics and the Web. To keep up, use these seasonal best practice tips to boost your shopper commitment in these competitive and challenging times of omni-channel and brick and mortar. Retailer C-suite executives expect …

Digital Isn’t Just a Trend…It’s a Lifestyle

You’re probably wondering what the difference is. Here’s how I view the two. A trend shows a tendency while a lifestyle is a way of living. In other words, a trend is a moving piece, it comes and goes. A lifestyle is happening, it stays. This is why I say digital is a lifestyle, it’s not going anywhere, it’s only …

Rising Ethnic Markets in the US. How can Retailers profit?

The US population is experiencing increasing ethnic birth rates. From 2010 to 2020, Hispanic and Asian populations will make up 68% of the total US population growth, with the Hispanic population growth accounting for 53% of that. In order to adjust to the growing diverse population, ethnic retailers have created their own breakout segment of the industry which is outpacing …

Unlocking the power of digital at Retail.

E-commerce is the fastest growing channel within the consumer product space. From 2010 to 2015, US online Consumer Packaged Goods sales will see a Compounded Annual Growth Rate of 25%; increasing from $12 billion to a predicted $32 billion. To keep up with this growth, marketers are searching for new ways to modernize companies and engage more digital shoppers. So …

Canadian Retail: Concern or Opportunity? A GMDC perspective…

Canada is often seen as a strong candidate for retail expansion by US retailers. Target was no exception to this notion as the stylish value retailer decided that in 2013 it would open 124 new stores in Canada; however, it soon became overburdened by inventory and saturation issues. Did Target really understand the Canadian market? Target announced that it was …