The future of retail is all about scale.
In the UK 70% of retail sales are captured by only 8 retail companies in the UK.
We see the same trend to consolidation in manufacturing, wholesale, retail supply chains, logistics and fast moving consumer goods, white goods etc.
Megastores, supermarket chains, global fashion outlets, discount stores, shopping malls.
Consumers will see less choice in future but lower prices in many emerging markets as a result of increasing scale by retailers and in their retail brands, retail marketing.
Future trends in retail - keynote speaker Patrick Dixon speaking at Seminarium in Chile.
* "How AI Will Change Your Life - A Futurist's Guide to a Super-Smart World" - Patrick Dixon's latest book on AI is published in September 2024 by Profile Books. It contains 38 chapters on the impact of AI across different industries, government and our wider world, including chapters on the future impact of AI on retail, AI in marketing, and AI for better supply chain management.
Futurist keynote speaker and author of 19 books. Thirty years forecasting global trends for more than 400 clients, in every industry.
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