Retail and Wholesale Industry Overview
Consumer preferences and behaviors have been reshaping the retail market while retailers and wholesalers try to increase speed of delivery and reduce supply chain costs. At the same time retailers are trying to provide the customers with as much ‘touch’ as possible. Driving traffic in stores has become a big challenge for retailers. At the macro level store-based retail sales are not growing; most of the growth in consumer spending is being captured by e-commerce, and retailers and wholesalers are finding it difficult to evolve the store’s role and functions.
The Business Research Company helps leading retailers confront these challenges by identifying trusted suppliers, identifying and understanding customer groups and developing your digital and physical brand strategy.