1. Retail 2022: How the Economist Intelligence Unit sees the retail landscape changing over the next decade
- Publication Date:
- 11-2012
- Content Type:
- Working Paper
- Institution:
- Economist Intelligence Unit
- Abstract:
- Markets of the future—China, India, Brazil and Russia—will become the dominant retail markets l Africa, the final frontier—as BRIC opportunities diminish retailers will look to Africa as a driver of growth l Virtual marketplace— e-commerce, m-commerce and s-commerce—will transform the global retail landscape l Bricks and mortar will fight back as traditional retailers respond to change by integrating online with physical store offerings l Convenience will be king as shopping habits evolve into a multichannel approach rather than “one-stop shopping” l UK focus: polarised shopping habits could continue even when incomes recover, leading to an even greater squeeze on mid-market retail by 2022.
- Topic:
- Economics, Emerging Markets, International Trade and Finance, Markets, Science and Technology, and Communications
- Political Geography:
- Russia, China, United Kingdom, India, and Brazil