In the year 2037 we may not quite be on planet Mars, but one thing is certain, the face of retail and ecommerce will have drastically changed, and this is particularly true for smaller retailers and mom and pop shops.
In the third installment of a three-part series, find out how I predict small retailers may change 20 years from now.
In the year 2027, it’s hard to imagine going to the same big box grocery store when already so many technological advancements are making its way into each business. Beyond grocery stores, similar changes can been found in the fashion and general merchandise industries. This poses the question, what will happen to the largest of retailers over the next 10 years? Will there be a shift in physical size? Will experiences become more meaningful than general displays and product availability?
In the second part of a three-part series, find out how I predict giant retailers may change over the next 10 years.
Over the next five years, mid-size retailers such as L.L. Bean, Hasbro, and Wayfair will see large impacts and face the most challenges. While we may not have a crystal ball, industry experts, like Greg Zakowicz, have a direct tap into the changing landscape of retail, so we asked them how they see mid-size retail and ecommerce shifting over the next five years. From emerging technology to shifts in how consumers receive their goods, there are a lot of iterative changes that our industry is likely to see.
In the first of a three-part series, find out how I predict mid-sized retailers may change over the next 5 years.
