Food
Even though 2020 was a record-breaking year for many food retailers, the coronavirus pandemic made a lasting impression on food retail. McKinsey and EuroCommerce identify three major trends at work that are forcing supermarkets to adopt new strategies and innovate.
» Read more
Fashion
Due to the coronavirus crisis profits evaporate almost completely in the global fashion industry: McKinsey expects a decrease of 93 per cent this year. Those who were able to grow did so either online or thanks to Asia-Pacific. Also in 2021, digital will still be the superstar.
Closed stores and stock that cannot be sold: the havoc that corona will wreak in the fashion retail is becoming increasingly apparent. New studies now predict which chains will be the first to fall...
General
Technology is able to improve productivity of retailers in various sections within their operations, according to McKinsey. The options are numerous: shelf-stacking robots, back office/workflow process automation, delivery via drones and so on.
