Retailers continue to experiment with generative AI and are seeing that the technology holds great promise for reigniting growth—if they move quickly to seize the opportunity.
The digital revolution, consumer behaviour change, geopolitical tensions, economic pressures and the lasting impact of the pandemic are transforming the retail landscape globally. Market pressures are in full effect, and …
Big banks' tech fears. Digital therapeutics on the ropes. AI mind reading. Here are the under-the-radar trends in tech that will reshape industries this year.
The theme of the 2023 World Retail Congress was “Retail Leadership for Extraordinary Times”. As 2023 began and retailers looked to the year ahead, “extraordinary times” seemed to sum things …
This special edition is part of a series that The Business of Fashion and McKinsey & Company are publishing to complement our annual State of Fashion report. While the main …
In 2022, European grocery was characterized by unprecedented inflation and increasing consumer price sensitivity. Consumers traded down, and grocers experienced substantial cost pressure. The impact of the COVID–19 pandemic on …
Retail media networks are among the fastest- growing and most dynamic ad marketplaces in the US. Retailers think of these operations as a means to boost revenues by leveraging their …
A summary of key global insights in 2022. As business decision makers in the Consumer Technology and Durables sector look ahead to Q4 2022 and into 2023, it’s clear they must navigate a period …
This outlook offers a road map of specific advice and guidance for the coming year. As I regularly impress on our strategy team, advice is only as good as what …
In these time periods of rapid change, consumer trends are your secret weapon. Those that study the trends find themselves uncovering new insights, that lead to products and services for …