Innovate to Create Compelling Customer Experiences
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Retail Innovation
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The Digital Tidal Wave Creating Exponential eCommerce GrowtheCommerce spending increased 44% year over year in 2020, nearly tripling the 15.1% growth in 2019 and signaling the highest jump in the last two decades. This surge has continued into 2021, with nearly $1 in $5 spent on retail purchases in Q1 attributed to online orders. There’s no sign of the momentum stopping anytime soon. How Retailers Can Ride the Digital Tidal Wave? Read more on our latest blog post – The Digital Tidal Wave Creating Exponential eCommerce Growth. |
The Millennial Report
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The Gen Z Report: Don’t Give Up On Brick-and-Mortar Yet
Right now, we’re witnessing a change in consumer behavior. In 2020 alone, consumers spent $861 billion online according to Digital Commerce 360 estimates. That’s the highest annual U.S. ecommerce growth in at least two decades, and by far the biggest year-over-year jump for U.S. retail sales ever recorded! While online sales surge, you need to be prepared for success for the impending Digital Tidal Wave Creating Exponential eCommerce Growth.
But just because online sales are soaring right now, doesn’t mean we can forget about the importance of brick-and-mortar stores. Generation Z is preparing to topple the retail market as we know it. Read more on Sophie’s latest Millennial Report entry.
Read the Millennial ReportRetail Podcasts
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Upcoming Retail Events
In-person retail trade shows and events are starting to come back!
Virtual events were necessary and they’ll continue to have their place, but they can’t offer the same experience. See our list of over 70 Retail Trade Shows and start making plans to meet people.
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7/13/21 | 7/15/21 | Online | ||
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7/23/21 | 7/24/21 | Minneapolis, MN | ||
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7/27/21 | 7/28/21 | Online | ||
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8/5/21 | 8/6/21 | Minneapolis, MN | ||
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8/5/21 | 8/8/21 | Minneapolis, MN | ||
| Outdoor Retailer | 8/10/21 | 8/12/21 | Denver, CO | ||
| Digital Summit: Atlanta | 8/11/21 | 8/11/21 | Atlanta, GA | ||
| Digital Summit: Kansas | 8/17/21 | 8/18/21 | Kansas City, MO | ||
| Retail Asset Protection Conference | 8/17/21 | 8/20/21 | Orlando, FL |
Retail Webinars
Sharpen your skills and stay on top of retail innovation. Check out Sophelle’s list of hundreds of free Retail Webinars from retail expert leaders.
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Retail Sales Tracker
While COVID is wreaking havoc for many retailers, others are thriving in the crisis. The results are just now starting to come in for Q1. Below are some recent announcements. Check Sophelle’s Retail Sales Tracker for over 200 public company reports.
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