Summary of Retail 2022

How the Economist Intelligence Unit Sees the Retail Landscape Changing over the Next Decade

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Retail 2022 summary
Retail faces transformation as growth shifts to new markets and consumers embrace virtual shopping.

Rating

8 Overall

7 Importance

8 Innovation

8 Style

Recommendation

The Economist Intelligence Unit presents a thought-provoking picture of the global retail environment ten years from now and the challenges and opportunities these changes present. It takes stock of how retail has evolved and, through extrapolation from current trends, presents an analysis of the major sociodemographic, technological and business developments that will likely impact retailing in the future. getAbstract recommends this paper for its rigorous analysis of retail trends and insightful vision of retail’s future.

In this summary, you will learn

  • How consumer and retail growth will shift further to developing markets such as China
  • How “big box” stores and high street retailers will adapt to e-commerce, m-commerce and s-commerce
  • Why this expansion requires compromise between traditional and modern selling modes
 

Summary

By 2022, BRIC countries – Brazil, Russia, India and China – will be four of the world’s six largest retail markets. By then, the Chinese retail market alone will be worth $8.3 trillion – nearly a quarter of total global retail sales and twice the size of the United States’ $4.5 trillion retail market...
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About the Author

The Economist Intelligence Unit is an independent research and analytics organization.


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    KARYM GRIJALBA MARMOL 3 years ago
    Nos invita a pensar en las transformaciones tecnológicas para asegurar el m-commerce y el s-commerce, pero también resaltó el paso que hay que dar rápidamente en oferta y servicios complementarios. Que buen artículo!

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