While in-store shopping resurged during the 2024 holiday season, online was bolstered by key advancements in social media and AI. Each quarter, we’re diving https://startentrepreneureonline.com/5-compelling-reasons-to-open-a-business-in-the-uae/ into emerging retail and consumer trends and real-life examples of how these trends are playing out in the market. With parallels to the complexities of building a house, BCG’s approach to transforming a supply chain emphasizes the importance of coordination, digital enablement, and speed.
Most solutions are deployed within seven to 10 business days. Does the Consumer Insights Studio offer case studies or proof points? What sets the Consumer Insights Studio apart from other data analytic platforms?
In this edition, we explore how partnering with third-party commerce solutions across the customer journey can enable retailers to deliver a high-quality customer experience while fostering their own growth. Over the past holiday shopping season, total YoY retail spending growth exceeded expectations, both online and in-store. The industry is shifting from simple transactions to creating valuable, experience-driven moments for consumers. Facing a disrupted consumer environment, F&L brands need to likewise disrupt their usual approach, by planning sales strategies more than a year in advance. A report by BCG and Vestiaire Collective, based on a survey of 7,800 consumers, shows that secondhand is now firmly embedded in how people shop. BCG’s survey of more than 2,000 consumers reveals where brands can tap into the next wave of growth.
Take a look back at previous reports
- What sets the Consumer Insights Studio apart from other data analytic platforms?
- Does the Consumer Insights Studio offer case studies or proof points?
- In most industries that rely on hourly workers, AI—and GenAI in particular—can dramatically improve employees’ day-to-day experience.
- With parallels to the complexities of building a house, BCG’s approach to transforming a supply chain emphasizes the importance of coordination, digital enablement, and speed.
- KPMG helped Dawn Foods evolve digitally to create opportunities amidst profound shifts in industry and customer buying behavior.
- Activewear growth is stabilizing, but wellness is booming.
Essential services consume a growing share of household spending.
See how peers are performing in different markets and narrow the lens on key metrics. Deloitte’s 2026 Consumer Products Industry Global Outlook explores seven significant changes in the food and beverage, beauty and personal care, and household goods companies Check back for our latest insights to help you navigate the rapidly evolving retail industry. BCG Executive https://www.mlb4s.com/category/artificial-intelligence-in-robotics/page/15 Perspectives offer insights on global topics that matter most to leaders in the public and private sectors.
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- Omnichannel, retail media, and personalization are the key trends for building winning value propositions, say Jose Antonio Fernández Garza-Lagüera of FEMSA and BCG’s Nathan Shenck.
- See how peers are performing in different markets and narrow the lens on key metrics.
- Smart retailers are reimagining everything.
- Analyze shifting market dynamics, optimize your product portfolio, understand evolving customer behavior and measure channel performance — even in hard-to-track spaces — all in one place.
- We help you refine your brand strategy, so you tell the right story, to the right people, in the right places.
Submit your information below to receive communications on the latest publications, reports, webcasts and events. Hear from our client, Whataburger, on why they chose to work with KPMG and Workday to help transform their operations. KPMG is helping a global footwear leader expand its AI capabilities and develop powerful new applications How KPMG used advanced data and analytics to optimize a complex distribution network and deliver on demand
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In this report, we explore how LLMs are changing the role of retailers and how companies can navigate this new era of online shopping. In Q3 2024, the retail and consumer products industries are navigating significant shifts driven by technological, economic, and consumer behavior changes. The retail and consumer products industries are navigating significant shifts driven by economic and consumer behavior changes. As the trade landscape shifts with the introduction of new tariffs, retail and consumer goods businesses may face uncertainty related to cost, profit margins, and growing complexity across global supply chains. Traditional retailers are gaining strength by investing heavily in data-driven business platforms that enhance the consumer experience and drive strong financial performance. Developed by a team of experts from the National http://web-promotion-services.net/DigitalAdvertising/ppc-google Retail Federation, Affinity Solutions and Pyxis by Bain & Company, the Consumer Insights Studio delivers a robust data suite designed for retailers to support smarter decision-making and drive business growth.
September 2026 U.S. Retail Sales
Emerging from the isolation of the past 15 months, US consumers express optimism—some cautiously and others confidently—about resuming their pre-pandemic activities. BCG Consultant Nomava Zanazo shares what companies need to know to succeed on the continent. International businesses are missing out by underestimating Africans, making costly assumptions about diversity, preferences, and buying power. Dirk Van de Put of Mondelēz and BCG’s Rich Lesser discuss delivering value through transformation and the role that AI can play. In today’s market, some highly sought secondhand models may sell for more than their listed retail value, making them an attractive investment.
Focus on what matters most to your business.
- To create value and spur growth, retail companies must digitize their operations and take a customer-centric approach to transformation.
- Channels, margins, loyalty, trust—everything is in motion.
- Check back for our latest insights to help you navigate the rapidly evolving retail industry.
- In Q3 2024, the retail and consumer products industries are navigating significant shifts driven by technological, economic, and consumer behavior changes.
- In this report, we explore how LLMs are changing the role of retailers and how companies can navigate this new era of online shopping.
- As the trade landscape shifts with the introduction of new tariffs, retail and consumer goods businesses may face uncertainty related to cost, profit margins, and growing complexity across global supply chains.
Synthetic, GenAI-based tools let companies test concepts, pricing, and other factors, with results that are nearly as insightful and accurate as if they came from real people. BCG’s new book offers a playbook for capturing your share of this personalization prize in the retail industry. Staying agile can help you identify, adapt, and respond to the short- and long-term changes your business needs to sustain growth, today and tomorrow.
