Death of the Retail Industry! Will it/Can it Rise Again?

By Meg on June 20, 2017

 

Can the retail industry survive Millennials? You know the ones, they’ve got a smartphone in one hand and a Unicorn Frappuccino in the other. Our latest report explores the current state of the retail industry – closing shopping malls, drones delivering pizza, and misogynistic bots.

Can the retail industry survive Millennials? You know who I mean - they’ve got a smartphone in one hand and a Unicorn Frappuccino in the other. Our latest report explores the current state of the retail industry – closing shopping malls, drones delivering pizza, and misogynistic bots.

Brands that have been around for decades, are pulling down their shutters. The result? The death of these mall anchors is killing off shopping malls. 

Meanwhile, Amazon – the mall in the cloud – is getting physical. The irony of this, has not gone unnoticed. 

We’ve taken a look at brands blindsided by the digital storm, and brands that are doing it large!

You’ll learn how:

  • Domino’s pizza won $4.7B annual digital sales by letting Dom the chatbot, do the work for them.
  • Amazon is paving the way for how we shop online in the future by understanding consumers’ spending behavior and sentiment.  
  • UK fashion retailer - Topshop - persuaded smartphone obsessed millennials into its physical stores with a giant waterslide! 

 

Photo credit

SHOP TILL YOU DROP!