Engaging the Modern Consumer: Dubai gets a global vote of confidence
Held under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai, and co-sponsored by the Dubai Chamber of Commerce and Industry (DCCI) and Majid Al Futtaim, the 10th edition of the Congress unfolded over three days from 12-14 April at Dubai’s Madinat Jumeirah.
From East to West and back again. How to translate a brand successfully across frontiers.
Enabling customer engagement for a Global Retail Leader
Becoming a Reinventionist
Reinventionists have a different mindset. Instead of throwing everything out, they peel everything away to reveal the true DNA of a business. They don’t do make-overs, they do think-overs. They know the rules and when to break them. They don’t argue with the facts or the feelings, they combine them to create a new argument. And they create magnetism in everything they touch. At Jackman, we are Reinventionists. We question more, discover more, and achieve more because we are never afraid to attempt more.
Doing Business in the UAE
The main objective of this Doing Business Guide is to provide you with basic knowledge on the United Arab Emirates (UAE); an overview of its economy, business culture, potential opportunities and an introduction to other relevant issues. Novice exporters, in particular, will find it a useful starting point.
Thinking Like a Customer
The retail industry is experiencing unprecedented change. Over the past decade, emergence of technology-enabled “smarter consumers” has upended traditional retail business models. The days when department stores or large discount chains targeted promotions to mass audiences according to broad-brush definitions of age, gender and income are giving way to market segments composed of single individuals
The Insight-driven revolution in retail
The world’s leading retailers now understand the promise of big data and analytics. They know competitors are finding insights and making advances, and many have seen their own pilot projects deliver measurable gains in marketing efficiency, sales or margins. Data-driven insights can create value across the business, helping managers tailor assortments at the store level, simultaneously enhancing the customer experience and improving unit economics.
Navigating the New Digital Divide
Over three years ago, we set out to explore consumers’ digital preferences – how the use of digital devices impacts in-store shopping behavior. What began as a simple exercise has led us to conclude that digital technology and easy access to digital information not only affects sales within digital channels, but also has a much broader impact on in-store sales and in-store consumer behavior – a concept we refer to as ‘digital influence.’
C&A Case Study
C&A Europe is one of the leading fashion retail businesses in Europe with 1,575 stores in 21 European countries and more than 35,000 employees. C&A Europe welcomes more than two million visitors per day with good quality fashions at affordable prices. In addition to the European stores, C&A also has a presence in Brazil, Mexico, and China.
Insights Driven Revolution in Retail
How can retailers use big data and advanced analytics to drive commercial transformations? What is the right level of sophistication for the respective systems and solutions? Where should retailers get started as they embark on a transformation journey? Paying special attention to the human factor, Periscope CEO Brian Elliott and McKinsey Partner Robert Turtle describe the success factors of insight-driven transformations in retail. Download our white paper to find out more.
Periscope for Retail, a McKinsey Solution
Learn how Periscope, a Mckinsey Solution, can support retailers’ big data journeys in a rapidly evolving environment, helping them to achieve and sustain ROS increases of up to 5 percent.
The Symphony EYC Game Changing Offering
Navigating the new digital divide: Global edition
A global summary of findings from nine countries on digital influence in retail
The global edition of this report explores the digital preferences of consumers, especially how the use of digital devices impacts in-store shopping behavior. It is based on a survey of thousands of consumers in nine different worldwide markets.
For over three years, Deloitte has been exploring the digital preferences of consumers, especially how the use of digital devices impacts in-store shopping behavior. Findings from this research show that digital technology, along with easy access to digital information, not only affects sales within digital channels, but also has a much broader impact – a “digital influence” – on in-store sales and in-store consumer behavior
The New Age of Engaged Retailing
Consumerization of IT has blurred the lines between physical and online retailers. Consequently, the focus now is on how retailers can integrate technologies like Mobility, Analytics and Social into their Omni-Channel Commerce platform. This is critical to understand customer needs at every stage of the purchase cycle more deeply and engage appropriately across channels to make a tangible impact on business results. This whitepaper examines the theme of ‘Engaged Retailing’ and relies on our experience built through partnering with retailers.
Defining a mobile strategy and Launching a mobile commerce for a Brick-n-Mortar Retailer in record time!
Omni-channel retailing: The new Normal
Increasing customer engagement, enhancing customer experience, and driving sales.
Mobile-to-Store Cross Channel Order Fulfilment
Mobile-to-Store Cross Channel Order Fulfilment Increases Customer Satisfaction and Grows Sales for a Global Retail Leader
Integrated 24×7 Retail Environment
Integrated 24×7 Retail Environment Provides Seamless Customer Experience for a Large Asian Duty Free Retailer
Thinking like a customer: Your cognitive future in the retail industry
Welcome to the age of cognitive computing, where intelligent machines simulate human brain capabilities to help solve society’s most vexing problems. For retail, cognitive computing has already arrived, and its potential to transform the industry is enormous. Cognitive systems are driving more personalized shopping experiences and helping unearth customer trends. Our research reveals that retail leaders globally are poised to embrace this groundbreaking technology more holistically and, by doing so, will redefine the future in retail. To learn more, we invite you to download this paper to explore the latest industry perspectives supported by fact-based strategic insights for senior business executives.
Enterprise Mobility Report
The deadline has passed
The Deloitte Millennial Survey 2016: Winning over the next generation of leaders
Millennials, in general, express little loyalty to their current employers and many are planning near-term exits, according to Deloitte Touche Tohmatsu Limited’s fifth annual Millennial Survey. This remarkable absence of allegiance represents a serious challenge to any business employing a large number of Millennials, especially those in markets—like the United States—where Millennials now represent the largest segment of the workforce. However, because most young professionals choose organizations that share their personal values, it’s not too late for employers to overcome this “loyalty challenge.” Deloitte surveyed nearly 7,700 Millennials from 29 countries during September and October 2015 to learn more about Millennials’ values and ambitions, drivers of job satisfaction, and their increasing representation in senior management teams.
African Powers of Retailing: New horizons for growth
Global Powers of Luxury Goods 2015: Engaging the future luxury consumer
Going global: UK retailers at the World Retail Congress
UK Trade & Investment, in partnership with the Congress, have developed a series of case studies from last years UK mission delegation. The importance of internationalising your business is increasingly important for UK retailers, particularly as the UK is the most searched-for set of retailers by the 3bn strong global digital audience
Deloitte: Navigating the new digital divide
A UK perspective
The Economy of Things: Extracting new value from the Internet of Things
Thanks to the Internet of Things (IoT), physical assets are turning into participants in real-time global digital markets. The countless types of assets around us will become as easily indexed, searched and traded as any online commodity. While some industries will be tougher to transform than others – those with physical limitations, such as manufacturing, will be harder to digitize – untold economic opportunities exist for growth and advancement. Our research shows this will create a new “Economy of Things” with significant consequences.
Risks and Rewards of Omnichannel Excellence
The proof is in the pudding! The latest RIS News survey confirms that Retailers need better labor allocation if they are to overcome omnichannel challenges and provide a consistent customer experience.
Next Generation Price Optimization
Latest solutions blend the art and science of pricing
Price optimization systems have been available to retailers since the early 2000s. Early adopters used first-generation systems to analyze ever-growing volumes of sales data and bring science to the art of retail pricing. But now, next generation price optimization solutions are revolutionizing retail operations management. Derived from advanced mathematics, statistics, and econometrics, these easy-to-use, new-era solutions are bringing the promises of the first-generation price optimization systems to fruition.
the YouBeep PILOT
RFID: Tracking a Tangible Approach to Gain Efficiencies in Food Retail
The retail food industry provides a valuable service to consumers around the world, but as a commodity market, it succeeds on razor-thin margins. Given the resource-intensive nature of grocery stores, responding to volatile market conditions while still remaining competitive can seem nearly impossible.
The Discipline of Business Experimentation
The data you already have can't tell you how customers will react to innovations. To discover if a truly novel concept will succeed, you must subject it to a rigorous experiment. In most companies, tests do not adhere to scientific and statistical principles. As a result, managers often end up interpreting statistical noise as causation--and making bad decisions. To conduct experiments that are worth the expense and effort, companies need to ask themselves several questions.
How Delhaize America Delivers Shopper-Centric Pricing
Delhaize, a global food retailer, with more than 3400 stores and €21.4 billion in revenues, wanted their North American company, Delhaize America, to offer their customers a locally differentiated shopping experience and superior value. Find out how Delhaize America was able to deliver on this promise.
Roundy’s Supermarkets Achieves Significant ROI
Faced with growing competitive pressures, particularly from Wal-Mart stores and other supercenters and conventional grocers, Roundy’s knew it needed a strong pricing strategy. Furthermore, the strategy had to be in tune with an increasingly complex, informed and empowered consumer. Find out how Roundy’s was able to boost gross margins, dollar sales and unit sales.
From multichannel to Total Retail
Shopping is increasingly impulsive and unplanned with purchases made anytime, anywhere. Total retail strategies demand a strong central brand, consistent experience across channels and customer-centric marketing.
Luxury marketing: 5 ways to market prestige brands
To be a prestige brand meant remaining veiled and mysterious – aloof from the digital world. But now the new Ueber-Brands use the digital revolution to marry culture, commerce, content and convenience, without undermining the superior status of the brand.
International intrigue: Merchants leverage data to gain share of cross-border spending
Despite its size and strong growth, retailers are facing many challenges with capturing the spending of international travelers. A big opportunity however lies in exploring data to better serve the travelers and gain predictive insights.
Case Study - Shoppers disrupted - Retailing through the noise
48% of consumers want on-demand personalized promotions. To deliver, you must understand them. Learn more in our study: Retailing through the noise. Disruption in retail prompts the question: when will there be a “new normal?”
Case study - Brand enthusiasm: More than loyalty
The rising group of “power consumers” are creating new expectations for engagement. To prepare, read our study: Brand enthusiasm. To effectively cater to consumers in today’s digital, omni-channel world, companies need to build brand enthusiasm, not just brand loyalty or repeat purchases.
Trends Shaping the Retail Industry
Changes in the retail industry are being driven by numerous factors, such as changing consumer behavior, technological advancements, and a growing focus on cost competitiveness. Companies are thus resorting to various strategies in order to negotiate this tricky terrain. These include adopting an omnichannel approach, reshoring manufacturing operations (bringing back offshored manufacturing to a country), increasing their imports from Vietnam, boosting investment in Big Data analytics, and augmenting the retail experience through mobile payments.
The Pricing Evolution
The Perfect Storm Compelling Retailers to Shift from Rules-Based to Optimized Pricing
The siren's song of rules-based pricing solutions is tempting, however business rules are only one, albeit one very important, component of a comprehensive optimized pricing strategy that enables retailers to compete in today’s complex retail environment. This paper explores the evolution of pricing that has made optimization table-stakes and has required retailers to supplement business rules with data, science, analytics and strategy in order to survive and thrive.
Deloitte: Global Powers of Luxury
Deloitte Touche Tohmatsu Limited (DTTL) is pleased to present the 2nd annual Global Powers of Luxury Goods. This report identifies the 100 largest luxury goods companies around the world based on publicly available data for the fiscal year 2013 (encompassing companies’ fiscal years ended through June 2014).
The report also provides an outlook on the global economy; an analysis of market capitalization in the luxury goods industry; a look at merger & acquisition activity in the industry; and a discussion on engaging the future luxury consumer.
MasterCard: Why Retailers Should Measure Their Loyalty Program's Effectiveness
Challenges and Benefits of Measuring the Impact of Loyalty Programs
Loyalty programs can not only improve customer satisfaction and retention but also help retailers grow revenue and improve share of wallet (SOW). One of the challenges, however, is the difficulty of measuring the impact of loyalty programs on the business. Find out more on how retailers can maximize customer loyalty with the help of better data insights here.
MasterCard: Defining the value of omnichannel shopping
Before investing in omnichannel strategy, merchants need to understand the value of this valuable shopping behavior and the opportunity it presents.
Start with the customer. Define value by measuring omnichannel spending behavior, and compare it to spending in a single channel.
Avoid the Retail“Paparazzi”
Seize the Day: Real-Time Store Execution
RIS Software LeaderBoard 2014 Highlights
Retailers Enrich The Customer Experience Through Workforce Optimization
Retail Horror Stories and Why Workforce Management Matters
Enabling The Digital Store Associate
A Jet-Setter’s Guide To Real-Time Retail
Heads up displays and GPS devices provide airplane pilots — and even everyday car drivers — instant feedback on what’s happening now and the best way to respond. Retailers can implement similar solutions to drive best practice response to sudden interruptions and current trends to improve productivity and customer engagement.
Asia's Top 40 Retailers of 2015
The Retail Asia Top 500 ranking is an accumulation of Euromonitor International’s retailing data and analysis ranking the top retailers from 14 key economies across Asia Pacific in terms of total sales, number of outlets, sales area (sqm) and sales per sqm.
Escape the Promotional Vortex: Create More Profitable Promotions
It should come as no surprise to even the most casual observer of retail trends that promotional activity has increased substantially over the past few years. Discover how the frenzy of promotions may be driving retailers into a downward spiral, and how to escape the vortex of increasing promotions and decreasing sales and margins.
Retail’s Contribution and Strategies for Job Creation and Retention
Informal and SMME Retailers in South Africa