To be a smart competitor, many retail businesses have realigned their investment strategies in the past 10 to 20 years. From expanding their footprint via new sites to investing aggressively in all areas of the business, retailers across the globe have made significant moves. For
Amid uncertain job market and poor financial prospects, consumer and business landscape in the Middle East is rapidly changing, says new McKinsey & Company report. According to the research, consumers have greatly reduced their spending and are seeking more convenience. This implies that they want
For much of the past two decades, Middle Eastern retailers—especially the ones operating in the GCC region—have enjoyed favorable macroeconomic conditions. From electronics to apparel, grocery, and several other retail sectors, every division has witnessed remarkable returns and profitability. In fact, the returns were above
Forever 21, the leading retailer that made fast fashion an undeniable trend in the US, announced it is filing for bankruptcy. The private, family-held retail chain store will wrap up its operations in Canada, Japan, and 38 other countries, as a part of the filing.
Analytics have enabled retailers to track customers' behavior and better understand their buying patterns in a store. This is perhaps the biggest reason why the global retail analytics market is seeing such strong growth. The latest Global Retail Analytics Market Forecast report reflects exactly just