Due to consolidation and increased competitiveness in the modern environment, the management of multiple channels of sales is a necessity. It bridges the gap between general retail stores, online shopping platforms, and mobile application/website shopping offering a unified structure to a consumer. These approaches are becoming more critical as consumers are diversifying, with shopping becoming […]
Elevating Your Retail Space: A Guide to Premium Essentials from Tissue Paper to Coat Hangers
Creating an inviting and effective retail environment involves more than just having an assortment of products. It requires a keen eye for detail, an understanding of consumer behaviour, and the implementation of strategic design elements. From the minute a customer steps into your store, their overall experience can be significantly influenced by the visual appeal, […]
Map of the Month: Retail turnover growth rate, Europe 2023
GfK’s Map of the Month for July shows the retail turnover growth rate in 31 European countries in 2023. Across the EU, a total of 5.5 percent more money flowed into the retail sector in 2023 compared to the previous year. In real terms, however, the retail sector recorded a decline in turnover due to […]
How to Use Smart Security Cameras to Prevent Retail Employee Theft
Employee theft and fraud are growing problems for retailers, costing the industry over $61 billion annually in losses. With the rise of organized retail crime rings and increasingly brazen theft by dishonest employees, retailers need effective solutions to combat shrinkage from internal sources. Smart security camera systems equipped with video analytics and remote monitoring capabilities […]
SaaS E-commerce Solutions: Revolutionizing Online Retail
The e-commerce landscape has witnessed a radical transformation in the past decade, and one of the key drivers behind this change is the advent of SaaS (Software as a Service) e-commerce solutions. As businesses strive to establish a compelling online presence without getting bogged down by technical intricacies, SaaS platforms emerge as the beacon of […]
Why Sufficient Storage Facilities are Crucial for Retail Businesses
As a retail business owner, you understand the importance of providing a seamless shopping experience for your customers. Every aspect should be well-planned and executed from the moment they step into your store to when they make a purchase. One critical element that contributes to the smooth functioning of a retail business is having industrial […]
Concept3D Announces Boca Center as Latest Retail Location to Launch its Immersive Map Platform
New Interactive Map Highlights Potential of Concept3D Platform to Showcase Retail, Malls, Restaurants and Hotels
GfK study on retail conditions in 32 European countries
GfK has carried out a comprehensive analysis of the European retail scene in 32 European countries. The study examines purchasing power, the retail share of the population’s total expenditures, inflation, sales area productivity, changes in retail due to eCommerce, as well as a turnover prognosis for 2015. The study will appear in the forthcoming edition […]