More on the State of Store Retailing in 2017

Here is an informative infographic on the state of store retailing in 2017 that is not all gloom and doom.

According to Kevin Flanagan, director of content marketing for TimeTrade:

“In our third-annual State of Retail survey, TimeTrade asked consumers what they like — and don’t like — about shopping in stores. As in prior surveys, the popularity of in-store shopping remains strong, with 84 percent of respondents indicating they would do as much, if not more, of their total non-grocery shopping in stores this year. The main reason for the continuing popularity of in-store shopping is consumers like to touch and feel products before they purchase. So until virtual reality makes that possible from home while wearing a headset, brick-and-mortar stores continue to have a strong pull for shoppers.”

“But there are plenty of areas where stores can up their game in order to make consumers’ shopping experiences even more pleasant — and lucrative for retailers. Take a look at this State of Retail 2017 infographic to see exactly where stores are performing well and where they have room for improvement, as they continue to battle online sellers for the minds, hearts and dollars of increasingly choosy consumers.”

To download the full report, click here. [Note: a free signup is required.]
 

 

This entry was posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer and tagged , , , , , . Bookmark the permalink.

One Response to More on the State of Store Retailing in 2017

  1. Pingback: The Reality of Retailing in 2017 | Retailing: From A to Z by Joel Evans

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