<\/p>\n\n\n\n
My own Top 5 predictions for the year ahead\u2026<\/p>\n\n\n\n
1. The \u2018Pureplay bubble\u2019 will continue to burst.<\/p>\n\n\n\n
2. Physical retail, in one form or another, will almost always be essential.<\/p>\n\n\n\n
3. The convenience and reliability of Click & Collect will become even more widespread as a game-changer.<\/p>\n\n\n\n
4. Traditional retailers will continue to decisively get their digital heads & houses in order.<\/p>\n\n\n\n
5. Classic customer names will establish themselves as the new, old, \u2018Guardians of Trust!\u2019<\/p>\n\n\n\n
The top of Retail Week\u2019s \u2018Christmas trading 2022 league table\u2019 had a strangely familiar feel to it, featuring the likes of JDSports, Greggs, Next, B&M, M&S, Boots, Sainsburys and Tesco.<\/p>\n\n\n\n
The \u2018Cost-of-living\u2019 crisis, of course, fuelled sales in value retailers such as Aldi, Lidl and Poundland. But value certainly does not have to be the main proposition. Well-known names such as Boots and M&S have grown their value ranges, Tesco & Sainsburys have been smart with price-locking, Halfords has created loyalty through its membership scheme.<\/p>\n\n\n\n
The importance of physical real estate is being seen everywhere, with growth from precisely located new shop concepts, and footfall driven my events, workshops and community activities.<\/p>\n\n\n\n
Click & Collect has also added new relevance, reliability and convenience to physical shops, as Argos found its commercial feet inside a myriad of Sainsbury stores, with retailers like Hobbycraft and the Perfume Shop saw double digit growth.<\/p>\n\n\n\n
In 2023, the biggest winners and \u2018retail revivals\u2019 will be driven by the digital transformation of business cultures & processes, that put customer data at the heart of their omnichannel models.<\/p>\n\n\n\n
Traditional best practices have already been supercharged in M&S and Boots, to hame but two, through digital team coordination, and end-to-end customer personalisation.<\/p>\n\n\n\n
In 2023, the brands that people always wanted to trust, will consistently deliver on their promises, through whichever touchpoint the customer wants to use. The fruits of much unseen hard work and painstaking operational re-management now coming to fruition for some of our most famous retailing brands. <\/p>\n\n\n\n
It seems that the \u2018old dogs\u2019 have been decidedly better at learning \u2018new tricks,\u2019 than many of the glossy, superficial pureplays ever gave them credit for!<\/p>\n\n\n\n
In 2023, retail gold will increasingly be found where \u2019New Thinking & Processes\u2019 are combined with \u2018Old Values & Channels.\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"
My own Top 5 predictions for the year ahead\u2026 1. The \u2018Pureplay bubble\u2019 will continue to burst. 2. Physical retail, in one form or another, will almost always be essential. 3. The convenience and reliability of Click & Collect will become even more widespread as a game-changer. 4. Traditional retailers will continue to decisively get […]<\/p>\n","protected":false},"author":1,"featured_media":21087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14,739,776,534,28,840,859,7,30,856,857,854,855,533,6,466,369],"tags":[952],"class_list":["post-7243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-branding-visual-communication","category-customer-experience","category-customer-service","category-high-street-planning","category-location-strategy","category-meaning-in-the-retail-madness","category-new-retail","category-omni-channel-retailing","category-retail-brand-heritage","category-retail-businesses","category-retail-management","category-retail-organisations","category-retail-strategy","category-retail-regeneration","category-store-experience","category-store-theatre","category-town-centre-planning","tag-omnichannel-retail-retailmeaning-retailstrategy-ms-boots-retailexperience-newretail-customerservice-storeoperations-retailtechnology-fashion"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/vmunleashed.com\/wp-content\/uploads\/2023\/01\/new-thinking-old-values.png","_links":{"self":[{"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/posts\/7243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/comments?post=7243"}],"version-history":[{"count":3,"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/posts\/7243\/revisions"}],"predecessor-version":[{"id":21088,"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/posts\/7243\/revisions\/21088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/media\/21087"}],"wp:attachment":[{"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/media?parent=7243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/categories?post=7243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vmunleashed.com\/retailmeaning\/wp-json\/wp\/v2\/tags?post=7243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}