4 retail industry trends to watch out for in 2019/20

| March 16, 2019

article image
Over-the-counter trading has never been as important and decisive as it is today. The changes in consumer behavior and values driven by technology and new, innovative industry players are significant. Revolutionize the shopping experience of your customers. Apply these 4 retail sector trends into your processes using the Microsoft Dynamics 365 business solutions offered by AlfaPeople.

Spotlight

Online Trading Academy

Irvine, California-based Online Trading Academy is the world leader in professional education for investors and traders looking to build life-changing skills to take on the financial markets. For over twenty years, OTA has helped hundreds of thousands of people, both novice and experienced, learn how to better understand the financial markets and take the first steps towards enriching their lives through trading and investing. With a team of over 140 instructors worldwide servicing over 40 physical centers, every employee is dedicated to making a positive difference in the world by delivering high-quality education and supporting a vibrant learning community.

OTHER ARTICLES

EU and US apparel consumption could fall by 300 billion US dollars in 2020

Article | April 13, 2020

Most European countries and the United States have been in lockdown since mid-March due to the Covid 19 pandemic, and brick and mortar stores have been closed accordingly. Although online retail continues, it is proving difficult due to falling consumer spending, transport issues and disruptions of the supply chain. A forecast by Indian management consulting company Wazir Advisors, which focuses specifically on the apparel sector, predicts a decline in apparel consumption in 2020 of 45 percent in the EU and 40 percent in the US, which could lead to a reduction by 300 billion US dollars (around 274 billion euros or close to 240 British pounds).

Read More

Retail Sales See Record-Breaking Drop, and More COVID-19 News

Article | April 15, 2020

Here are the latest stories to emerge as retailers and brands deal with the impact that the global spread of the coronavirus has had on their businesses. This daily update offers retail executives the chance to stay-up-to-date on all that's happening within the retail industry, particularly as they put into motion their own COVID-19 response plans. Retail sales saw their biggest monthly drop on record during March 2020 as the COVID-19 pandemic forced many retailers to temporarily close across the nation, the National Retail Federation reported. However, grocery store sales climbed, as well as sales from other "essential" retailers, offsetting some of the decline.

Read More

How Amazon’s Cashierless Tech Will (Or Won’t) Change The Physical Retail Landscape

Article | March 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. Since the first AmazonGo retail location opened in early 2018 with its much-hyped walk-in, walk out retail technology designed to make the line at checkout a thing of the past, Amazon has been slowly but surely expanding the technology’s footprint there are now 26 Go stores in operation in the U.S. with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year. And, as of reports two weeks ago, cashierless tech is breaking out of the small footprint, convenience store-esque locations that are Amazon Go stores. As of the end of February, Amazon announced the tech was making its full-fledged grocery debut in the form of Amazon Go Grocery stores.

Read More

Retail's secret weapon: Order fulfillment optimization

Article | February 12, 2020

The start of a new year is the perfect time to reflect on the past and prepare for the future. While holiday 2019 was another record year for retail sales, brands faced some serious challenges when it came to a shortened shopping window and the ever-growing consumer expectations around timely, accurate, and convenient deliveries (and returns). Some may believe these woes to be behind us now that the holidays are over, but the potential for spikes in product demands remains throughout 2020 leading into next year's holiday season. And if history has shown us anything, it's that now is the time for retailers to implement the right processes and technologies that ensure seamless and positive customer experiences, or risk ongoing negative impacts to the bottom line.

Read More

Spotlight

Online Trading Academy

Irvine, California-based Online Trading Academy is the world leader in professional education for investors and traders looking to build life-changing skills to take on the financial markets. For over twenty years, OTA has helped hundreds of thousands of people, both novice and experienced, learn how to better understand the financial markets and take the first steps towards enriching their lives through trading and investing. With a team of over 140 instructors worldwide servicing over 40 physical centers, every employee is dedicated to making a positive difference in the world by delivering high-quality education and supporting a vibrant learning community.

Events