4 trends retailers should be prepared for this year

KURT HEINEMANN | April 4, 2018

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2017 was transformative for the retail industry. Brands that have been household names for decades closed their doors or filed for bankruptcy at a time when pure play e-commerce newcomers entered into the fray and found immense value in opening up their own physical stores.The term "retail apocalypse" also became ubiquitous, and artificial intelligence was once again touted as everything from the savior of retail to the reason civilization will collapse.As we hit mid year, some of these factors will influence what we expect will become important retail trends in 2018 and beyond. Apps and other cutting-edge technologies have engaged shoppers on a personal level for years. Comparatively, retailers have lagged behind. The cost for retailers is not only revenue, but also a widened gap between what they deliver and what consumers expect.

Spotlight

Burlington Stores, Inc.

Despite today’s tough retail environment, Burlington is growing faster than ever! Few companies can boast the kind of performance and opportunity you’ll find at this Fortune 500 company. As one of the fastest growing off-price retailers in the nation, Burlington is at the forefront of the off-price movement. Featuring a large assortment of on-trend, high-quality, designer and name-brand merchandise at up to 65% off department store prices, we fulfill our commitment to our customers to provide “Style for Everyone!”

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