What happened in retail in Q1?
What’s up:
🔺 AI’s popularity
🔺 Private label sales
🔺 The intensity of competition in global e-commerce
What’s down:
🔻 Store counts for certain retailers
🔻 Self-checkout love in certain stores
Overall themes include growth areas for retail technology and private label, and mixed results for retail real estate.
What Q1 trends would you add?
Sources:
AP News, Bloomberg, Business Insider, Chain Store Age, CNN, Grocery Dive, Insider Intelligence, Modern Retail, NPR, PLMA, Retail Dive, Retail Technology Innovation Hub, RetailWire, RIS News, Sourcing Journal, TechCrunch, TrendHunter, WIRED
Related:
AI in Retail
Private Label’s Global Growth
TikTok’s Meteoric Growth