The Future of Retail: Four Main Areas of Development in 2016 and Beyond

With significant advancements in technology, retail has to adapt to new market trends along with other industries. In order to understand the main trends in retail, communication agency Walkers Sands performed a study and released a report in June 2016, suggesting four areas’ trends that will be seen in retail in 2016 and beyond.

Recognizing that even subtle changes in consumer habits and behavior can have a significant impact on retailers is the key to change and the way for companies to stay relevant. Retail technology is going through a major tech-powered transformation and the study of 1,400 US consumers reveals four key areas where retailers should focus their efforts ...