Ten trends that are changing the landscape of the UK retail sector
Retail has gone through enormous structural change over the last few years with digital, ecommerce and technology at the heart of transforming the retail landscape in the UK.
The growth and adoption of digital and mobile technologies has caused a fundamental shift in the way consumers shop and interact with retailers of all sizes and types, in all locations. The power dynamic between retailers and consumers has shifted and today’s consumers are more empowered than ever before.
Here are the top 10 trends that are transforming the UK retail sector:
• Consumer 2.0
• One Touch Retailing
• New Spaces and New Markets
• Co-creation and Mass personalisation
• Big Data and Continuous Computing
• Power of Platforms
• Omni-present Retailing
• Data Ownership
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