The Future of Retail: Innovations Shaping the Shopping Experience
Listen to the Article Understanding the Essence of Retail As we delve into the current state and future trajectory of retail, it’s imperative to grasp the core reasons behind the existence of stores. The fundamental purpose of retail spaces, both digital and physical, revolves around five key psychological aspects: inspiration, convenience, education, confidence, and community. […]
Furniture Retail’s Future: 3D Commerce and AI Transformations in 2024
Listen to the Article The Rise of 3D and AR in Retail As we look ahead to 2024, retailers in the furniture industry are gearing up for a transformative year, with a significant shift towards resource-efficient and innovative customer experiences. Jostein Pedersen of Chaos highlights the increasing adoption of 3D visualisation technologies, including Augmented Reality […]
UK Consumers Tighten Belts as Inflation Bites
Listen to the Article Spending Slows Amid Rising Prices Britons are feeling the squeeze of inflation, with consumer card spending growth slowing to just 3.6% in May, a stark contrast to the soaring CPIH inflation rate of 7.8%. The tightening of purse strings has led to a noticeable dip in discretionary purchases, although the May […]