This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
-
Marketplaces
Popular Marketplaces
New Marketplaces
-
From the explosive growth of e-commerce to heightened pressure to meet consumer expectations of relaxed return policies to increased buyer remorse, the retail sector continues to remain volatile and unpredictable. As we’ve seen this year with the closure of BHS, even the largest retailers are not safe, whilst the fluctuating value of the pound following the EU referendum has put extra strain on the industry. Howard Rosenberg, CEO of B-Stock Solutions reveals his predictions for the retail sector in 2017.
1) E-commerce will take centre stage
One of the most noticeable trends from 2016 has been the continued growth of e-commerce, which is set to gather pace in 2017: online sales are expected to rise 15 per cent. This growth reflects how consumer attitudes to retail are shifting: consumers are moving away from the need to touch and try products on before they buy in favour of the convenience and autonomy of the 24/7 shopping experience.
More from the B-Stock Blog
‘Tis the Season for Secondhand Gift-giving
The official start of the holiday shopping season is upon us with the bulk of spending set to take place over the Thanksgiving holiday as consumers and retailers look to capitalize off of Grey Thursday, Black Friday, Small Business Saturday,…
Discount Retail Chains’ Struggles Highlight Need for Diversified Secondary Market Strategies
Within the last few months, Big Lots, Channel Control Merchants, and American Freight have each announced bankruptcy. The immediate future looks different for each of these organizations, and while these developments were somewhat expected to those in the know, they’re…
