Today’s consumer is demanding, technology is moving at lightening speed and new business models are popping up everywhere. For retail, this means business as usual will get you nowhere.
A recent report by the World Economic Forum and Accenture outlines the ways in which traditional retail will be upended by 2026 as consumers become more empowered, new business models steal market share and technology offers more streamlined processes.
The report underscores the speed at which everything we’ve become accustomed to in stores—and even online—is changing. It’s an exciting time but one that will require organizations to keep pace or be left behind.
To be on the forefront, “Shaping the Future of Retail for Consumer Industries” outlines four ways in which retailers need to embracing the next wave of commerce.
Read more at Sourcing Journal.