What’s really happening in Retail?

October 4, 2012

In our regular segment on the Future Nicole Dyer of ABC Gold Coast and I chat about the Future of Retail and go behind the hype and hysteria to see what’s really going on, and look at Retail in 2012 – trends, emerging fads, gimmicks; online shopping an unemotional true perspective; the evolution of the retail industry and the future of retail; the future of shopping in an ever changing world ; stores that recognise you and personalise the experience accordingly; in store magic mirrors at home virtual dressing rooms and mobile phone shopping apps.

All in all retail is going through a revolution the likes of which we haven’t seen in Australia for 60 years and it’s going to take us another 4 or 5 years to bed it down and become accustomed to what retail can become.

Listen now and let us know your thoughts on Retail’s evolution.

The evolution and revolution of retail

November 16, 2011

Retail is going through an evolution on the back of a revolution.

In line with the rest of the planet and on the back of the internet, retail is going through its awkward teenager like years full of pimples, self doubt and uncertainty about tomorrow and what may be ahead.

Like a typical prepubescent the 10 years prior to the economic downturn many retailers were full of self importance, saw themselves as invincible and the centre of attention.

Come the economic downturn, consumers had less to spend and became very determined to spend it wisely.

The days of spending excess are in hiatus. Retailers have to work hard now to prove their worthiness to us and many couldn’t and can’t.

Mixed into this backdrop is the evolution of online shopping; the growing number of online shopping business models, sites and opportunities and hey presto we have a new retail environment growing out of the virtual ground.

These two factors, what’s in it for the consumer and what retail might evolve into are the topic for this weeks discussion between ABC Radio Australia’s Adelaine Ng and myself as we explore the evolution and revolution of retail.

Listen now: