The imposition of a host of new tariffs by the US is already beginning to impact global trade flows. This development is expected to have a significant impact on the retail industry, especially in terms of the performance of the retail e-commerce channel. This article explores how the new tariff regime could change the face of the retail and e-commerce landscape over the next few years.
Social media has evolved from a communication tool into a powerful economic force, shaping consumer behaviour, influencing business strategies and driving digital commerce. Businesses need more than just a presence; they need a clear, targeted social media strategy to stay competitive.
The foodservice industry is grappling with multiple challenges, affecting both consumers and operators. To navigate these challenges, enhancing customer experience and differentiating from competitors are crucial strategies.
Black Friday, initially a US-centric retail event, has become a key date in the global retail calendar, evolving into a worldwide shopping festival fueled by e-commerce. This digital transformation has broadened its reach beyond borders and channels, making it a critical opportunity for retailers to experiment with pricing strategies, inventory management, and promotional campaigns. Deals often extend over weeks to boost engagement. While Black Friday spans both physical and digital channels, this analysis focuses on its development within e-commerce, where discounts are prevalent year-round.
Thanks to a rising middle class, rapid urbanisation and a striking increase in internet connectivity, the centre of gravity in the global retail sector is increasingly moving towards the Asia Pacific region. Thanks to China’s massive size and level of economic development, it will remain Asia Pacific’s indispensable retail market for decades to come. Going forward, however, it is the young, dynamic, emerging economies of India and Southeast Asia that will likely offer the most significant opportunities for retailers and brands looking for greater exposure to high-growth markets.
The Double Eleven shopping festival, once a global retail sensation, is experiencing diminished excitement due to discount fatigue, evolving consumer preferences, and increased competition from year-round sales and livestream shopping platforms. While still significant, the festival’s future depends on adapting to shifting market dynamics