Retail Development Research Articles

Luxury fashion brands in metaverse retailing – a review of literature and practice

Purpose The purposes of this study are to identify the ways that luxury fashion brands can leverage in metaverse retailing, and give insights to practitioners in the fashion industry who are planning to launch metaverse retailing. Design/methodology/approach To offer a balanced view of available evidence, this study adopted a literature review approach and attempted to collect all existing academic journal articles on the issues related to metaverse retailing and luxury fashion brands. A comprehensive literature search was conducted in electronic databases Google Scholar, Web of Science, Scopus, Pro Quest and Science Direct from January 2023 to April 2024. Based on the results of the research in literature, real-life examples of luxury fashion brands were used to explain the ways that luxury fashion brands in the metaverse retailing can be put into practice. Findings The findings have revealed that there are many ways that luxury fashion brands can leverage in the metaverse retailing. The fusion of metaverse-related technologies provides brands with a wide platform of choices that can create immersive, personalized marketing experiences for customers. Four roles of metaverse are identified: (1) enhance of immersive experience; (2) provide big data interface to smart decision-making; (3) form high-fidelity simulated space; and (4) maintenance economic system and making of identification. To further enhance the four roles of metaverse, four types of technologies and 15 components for metaverse can be adopted by luxury fashion brands. Research limitations/implications While this paper provides a literature review and real-life examples of luxury fashion brands in the metaverse retailing to explain the findings, further research is needed to evaluate the effectiveness of current efforts in the development of luxury fashion brands in the metaverse retailing through collecting both quantitative and qualitative data. Also, future studies may attempt to explore the challenges of investigating consumers in response to luxury fashion brands in the metaverse retailing. Practical implications The metaverse is turning imagination into reality through the integration of multiple technologies and is gaining momentum in tech. With technology leading the way, business leaders and brands must not only rethink retail but also bring immersive shopping experiences into the future. Metaverse has immense potential to transform the retail industry, thus the leading global and local firms must embrace innovation and new technologies, and prioritize “metaverse transformation” for their business. Based on the results of this study, some emerging practices pertaining to metaverse retailing are provided. Originality/value To the best of the authors’ knowledge, it would seem that this is the first work that conducts a literature review of the relevant academic journal articles addressed to the practitioners or managerial audiences in the area of luxury fashion industry who are concerned about the development of metaverse retailing. This paper identifies the ways that luxury fashion brands can leverage in the metaverse retailing and gives insights to practitioners in the luxury fashion industry who are planning to launch metaverse retailing.

ECONOMIC CHALLENGES AND FINANCIAL OPPORTUNITIES OF ONLINE RETAIL IN UKRAINE DURING THE WAR: ALIGNMENT WITH GLOBAL TRENDS AND INNOVATIVE PERSPECTIVES

This article serves both theoretical and practical purposes contributing to the body of knowledge, expanding our understanding of online retail development, particularly in challenging contexts, like wartime, suggesting further avenues for future studies, as well as providing practical guidance for Ukrainian online retailers, helping them improve their strategies, performance and financial capabilities, by stimulation of the innovation over emerging trends and opportunities. It explores the development and financial capabilities of online retail in Ukraine amidst the ongoing war, conducting a comparative analysis with global trends in consumer sentiments and retail business development. Retail is a fundamental pillar of any economy. It serves as a crucial intermediary between producers and consumers, ensuring the provision of essential goods for daily life. It is the main link in providing the population with everything necessary for everyday life and forming stable financial flows to replenish the country's budget. Consequently, the functionality and growth of retail are contingent upon its ability to swiftly adapt to evolving consumer behaviour, constantly finance investments in innovation, and actively seek new opportunities. The war against Ukraine is characterized by severe combat operations, including massive shelling and constant missile attacks. It has presented unprecedented challenges for retailers, including a significant shift in consumer priorities towards consumption, leisure, and future planning, resulting in a serious decline in purchasing power, disruptions to logistical routes, loss of personnel, fuel shortages, and blackouts. Despite these formidable adversities, over the 28 months of the war, retail, and particularly online retail, has demonstrated remarkable resilience, sustainable development and rapid recovery of financial capabilities.The conducted research is the outcome of a set of comprehensive analyses (trends, performance metrics, clustering) of the financial results of retail, primary challenges faced by Ukrainian retailers and the identification of effective adaptation strategies to ensure financial stability. Meta and content analysis with further synthesis of findings, could help to examine the implementation of service-oriented business models, such as marketplaces, which offer a vast array of products and competitive pricing, as a key adaptation strategy. The study also delves into the popularization of online retail and the trends in the transition to hybrid online sales like omnichannel, enabling a "seamless" customer experience through the synchronization of product, pricing, and order information across all sales channels. Additionally, retailers are actively working to enhance logistics and delivery speed through partnerships with logistics companies, establishing their own courier delivery services, and expanding their physical presence through retail outlets. A comparative analysis with international experience reveals the similarities and differences in the challenges faced by Ukrainian retailers, the factors contributing to success and the methods of transformation. It further explores the adoption of digital technologies and innovative approaches to maintain competitiveness and financial stability even under the challenging conditions of war.

An Analysis of the Impact of Digital Economy on the Innovative New Retail Models in Anhui Province

With the rapid development of the digital economy, the digital transformation of various sectors has quietly begun to take shape. Driven by the digital economy, "New Retail" has emerged, presenting both opportunities and challenges across all aspects of the retail industry. Anhui Province, actively implementing the national digital economy development strategy, is continuously advancing its new retail sector to meet the challenges posed by new business models. This paper analyzes the current status of new retail development in Anhui Province from the perspectives of instant retail operations and the integration of online and offline models, explores the role of digital economy in promoting innovative new retail models in Anhui, and offers recommendations such as strengthening infrastructure, enhancing network security, fostering professional talent, and encouraging technological innovation. The aim is to provide strategic proposals with reference value for the innovative development of Anhui's new retail industry.

The importance of retail behavior quality to maintain consumers’ loyalty: findings from Indonesian micro retail businesses

The rapid retail development has led to increasingly fierce competition, and micro retail businesses need innovation to survive and thrive. Retail innovation is reflected in the quality of consumers’ behavior in making purchase decisions. Therefore, this study aimed to analyze the role of retail behavior quality as an intervening variable on merchandise offer and store image on consumers’ loyalty in micro retail businesses. In this study, the confirmatory and explanatory methods were used, and it was conducted in Jember Regency, East Java, Indonesia with a sample size of 306 consumers of micro retail businesses. Moreover, the data were obtained through a questionnaire, and Partial Least Squares-Structural Equation Modeling analysis was used to determine the direct and indirect effects. The results showed that merchandise offer had a positive and significant effect on consumers loyalty both directly and indirectly through retail behavior quality with total effect of 50.4%. Store image had no significant direct effect on consumers loyalty. However, it had a positive and significant direct effect on consumers through retail behavior quality with total effect of 22%. In this context, retail behavior quality played an important role in increasing consumers’ loyalty to micro retail businesses. These results contributed to improved retail quality behavior oriented towards transparency in quality of goods, employee attitudes, in-store environment, product arrangement, and established good relationships with consumers to maintain loyalty. AcknowledgmentThe authors are grateful to the Muhammadiyah University of Jember for funding thisresearch.

A Comprehensive Analysis and Research on the Factors Affecting the Growth of Rural Trade in Cultural Communities

This article analyzes the elements that impact the stages of rural retailing development in the Hwange villages, namely in the areas of Jambezi, Mununa, Milonga, Ndlovu, Chikhanda, Mashake, and Monde. The study used a quantitative technique with a sample size of 400 people, recruited by stratified random sampling. The data analysis was performed using SPSS version 26.0. The survey's main findings reveal that rural residents have a preference for firms that value outstanding customer service and offer a broader range of recreational choices. Furthermore, the condition of road networks was recognized as a crucial element impacting the operational effectiveness of rural businesses. The presence of essential services such as water and electricity was discovered to have a substantial influence on the condition of the retail sector. The paper provides numerous recommendations based on the findings. The implementation of these recommendations is anticipated to stimulate economic expansion, boost living standards, and promote overall welfare in rural regions. By effectively dealing with the highlighted causes, the communities in Hwange have the opportunity to experience positive changes in their retailing industry, which will result in sustainable development and an enhanced quality of life.

RUSSIAN RETAIL TRADE IN RUSSIAN FEDERATION: CURRENT STATE

The present paper contains a description of article the current state of the retail market in the Russian Federation. The main trends of the development of retail in Russia are shown. These trends include the growth of digital retail, the emergence of new retail formats adapted to the changing purchas-ing power of the population, the entry of federal retail operators into new regional markets and the acquisition of small retail companies by large chains. A major threat to the sustainable development of retail may be a shortage of labor, which requires a revision of the policies of retail companies in the field of personnel management.

Community Group Purchasing of Next-Day Delivery: Bridging the Last Mile Delivery for Urban Residents during COVID-19

The rapid development of new retail and the impact of COVID-19 have catalyzed the blowout growth of community group purchasing. The emergence of community group purchasing collection and delivery points (CGPCDPs) has become a new way to solve the “last mile” problem of new retail delivery. Based on the point of interest (POI) data of CGPCDPs of Nansha District, Guangzhou City, this study advances our understanding by identifying unique operational models, service targets, and spatial distribution patterns of CGPCDPs, which differ significantly from traditional pick-up points (PPs). The conclusions are as follows: (1) Most CGPCDPs depend on wholesale and retail shops, and their main service targets are urban and rural communities, followed by industrial areas. (2) The distribution of CGPCDPs has apparent spatial differentiation. At the macro scale, it shows the characteristics of “central agglomeration and peripheral dispersion”. It is distributed along the “northwest-southeast” direction and presents a “dual-core multi-center” pattern. At the meso–micro scale, different built environments in developed areas of cities, villages in the city (ChengZhongCun), and rural areas show distinct distribution patterns. (3) The main influencing factors of their spatial distribution are population density, construction land, house price, supporting place, residence density, urban community, and road proximity.

Evolution of sustainable retailing and how it influences consumer behavior: a bibliometric review

ABSTRACT Over the years, sustainability has garnered much attention owing to evidence of climate change, United Nations (UN) sustainable development goals, pandemics, and the changing behavior of millennials. Retailers are one of the largest consumers of global natural and human resources. They have joined the sustainability bandwagon by pledging resources and communicating the same to their target customers for better business positioning. This study aims to analyze the conceptual structure of sustainability in the context of retail enterprises and its role in shaping consumer behavior. Therefore, it leverages bibliometric techniques to elaborate on the productivity and impact of the existing body of knowledge in this area through performance analysis and discover the knowledge clusters through science mapping. The data used for this study were sourced by querying the Scopus database for the intersection of terms related to ‘sustainability,’ ‘retail,’ and ‘consumer behavior.’ Subsequently, they were processed and illustrated using RStudio and the bibliometrix package for R to drive insights in bibliometric summaries, including tables, maps, and networks. In addition to highlighting temporal and spatial trends and dominant themes, the study suggests future research avenues in sustainable retailing.

Analysis Of Local Msme Development Strategy "Vis A Vis" The Development Of National Chain Minimarket Retail In Palembang City

The phenomenon of the proliferation of National Chain Minimarket Retail Groups has become a scourge for local MSMEs in Indonesia. Although the government continues to provide space for local MSMEs through Permendagri No. 53/M-DAG/PER/12/2008 which requires the establishment of minimarkets to pay attention to the existence of traditional markets and smaller neighborhood stalls/shops. However, some regions are actually utilizing the momentum of the existence of modern minimarkets, one of which is Yogyakarta through the Mayor's Regulation which issued a policy so that the national chain minimarket retail group empowers local MSMEs and is given a special place to market local products. Palembang, which is known for its pempek as a culinary specialty, has enormous potential for the development of local MSMEs, but MSME players who become industry players are still not ideal. This study aims to analyze how the development strategy of Local MSMEs "vis a vis" the massive development of national chain minimarket retail in Palembang City. This research uses a mixed method approach, which consists of two approaches, namely quantitative and qualitative. Mixed methods used are descriptive qualitative using SWOT analysis (strengths, weaknesses, opportunities, threats) to analyze the development strategy of local MSMEs in Palembang City. As well as quantitative descriptive using the IFAS and EFAS matrix to calculate the weighting, rating, and formulation of the development strategy position of Local MSMEs in Palembang City. The results of this study indicate that based on the results of the SWOT diagram analysis, the X and Y axes are obtained. The straight line in the diagram above shows the coordinates in quadrant 1 position. Quadrant 1 is a very favorable situation, where local wisdom MSME players can have strengths and opportunities that can be utilized so that it is suitable to use the SO (strength-opportunity) strategy to develop local wisdom MSME businesses supported by aggressive growth strategies, namely 1) Maintaining Public Interest by Optimizing Support Programs from the Government; 2) Optimizing Sales Without Limiting Target Markets both domestically and abroad; 3) Utilizing Community Expertise to Intervene Local Products to National Chain Minimarkets; and Creating Training Programs from the Association of Local Culinary Business Groups to Maintain the Authentic Taste of Products.

ЦИФРОВІ ТРАНСФОРМАЦІЇ ПРОГРАМ ЛОЯЛЬНОСТІ ПІДПРИЄМСТВ ТОРГІВЛІ

The development of retail, due to the emergence of new modern digital tools, is changing approaches to ensuring and managing consumer loyalty within the framework of the implementation of the concept of relationship marketing. Loyalty programs implemented by retail enterprises need to be transformed to ensure interaction with consumers in all available channels using the capabilities of artificial intelligence, machine learning and Big Data. The purpose of the article is to determine the prerequisites and directions of transformation of loyalty programs in accordance with the possibilities of using digital tools relevant for retail to ensure interaction with consumers within the omnichannel approach. The object of the research is loyalty programs of retail trade enterprises as a set of tools aimed at strengthening the positive experience of interaction with consumers and increasing their level of satisfaction with the offered services. The methods used in the research. Here are used methods of categorical analysis and synthesis to study theoretical approaches to determining the essence and features of omnichannel loyalty programs. In addition, the description of the transformation of loyalty programs required the use of the observation method to display market trends and vectors of their influence on the specified process, as well as specification - to highlight and characterize relevant digital tools. Research hypothesis. The development of technologies and the emergence of new digital tools in retail, along with changes in purchasing consumers’ behavior, necessitates the transformation of loyalty programs. The expediency of interacting with consumers at all possible touch points determines the relevance of an omnichannel loyalty program. Presenting main material. In order to form consumer loyalty, trade enterprises must ensure a high level of their satisfaction with the service process, which is associated with the use of influence opportunities with the help of special programs. Factors in the marketing environment change consumer requirements for loyalty programs, the use of new digital tools in retail allows for effective interaction within the scope of the omnichannel approach. The originality and practical significance of the research lies in proving the relevance of the transformation of loyalty programs using digital tools. Conclusions and perspectives of further research. The omnichannel loyalty program allows to increase the efficiency of retail trade enterprises. Digital tools implemented in omnichannel loyalty programs and the specifics of their application, in our opinion, are the subject of separate researches.

Activity mix in urban Sweden 1997–2017

ABSTRACT Contemporary urban planning is permeated by the general goal of increasing the mix of activities in urban areas and subareas. This paper argues that there are several steps between plans for increased mix and the final urban improvements expected from such plans, and that a mix of activities (reside, work, visit) is a necessity for this line of thought to make sense. However, the main aim is to present a follow-up on these planning goals in a Swedish context. An empirical examination based on register data indicates that activities are most mixed in small-town centres and immediately outside the most central areas of larger cities. During the studied period of 1997–2017, most of the urban subareas have become more mixed. Nonetheless, most towns and cities in their entireties became less mixed, due to the simultaneous net redistribution of activities to monofunctional areas. As a consequence, the final objectives of the mixed-use planning are not achieved, regardless of whether mixed-use planning is connected to activity mix. Visiting activities (e.g. out-of-town retail developments) are the primary contributor to this counter-intentional redistribution, but work activities also contribute to some extent.

Application of artificial intelligence in retail

In the context of the contemporary Industry 4.0 concept, artificial intelligence (AI) has become an integral component of human lifeʼs success, the impact of which is increa­singly difficult to overestimate today. With the advent of AI, the everyday life of individuals has noticeably transformed. Neural networks are capable of working in an algorithmic way, adapt, learn, and even generate new inven­tions within a short span of time. Since the concept of AI appeared, fervent debates have revolved around its advantages and opportu­nities for modern society, ethical frameworks of application, risks, and the negative impact of AI on various professional spheres. However, the revolutionary changes brought about by AI, enabling individuals to delegate routine tasks and freeing up time for creative endeavors, remain indisputable. Despite the high significance of previously conducted research, the state and potential opportunities of industrial application of AI remain insufficiently explored. The purpose of the study is to determine the current trends in the development of artificial intelligence, to assess the actual state of use and to justify recommendations for the future use of AI systems in the retail sector. It has been deter­mined that the introduction of AI technologies is a modern global trend and one of Ukraineʼs priorities. It has been proven that the complex realities of domestic retail development unveil opportunities for digital transformation and the intensification of AI implementation. The current state of AI development has been examined: the leading countries in artificial intelligence implementation have been identified, and the retail sector has been ranked fourth among industries with high potential for the application of advanced technologies. To gain an understanding of AI development in retail, a survey was conducted, the results of which delineated business processes where AI techno­logies are actually applied and specified the goals of their application. The priority opera­tional processes of retail enterprises for the implementation of advanced technologies have been identified and ranked by the significance of AI systems, which are most relevant to modern retail. A list of AI systems has been sorted according to their purpose and functional capa­bilities in retail.

Driving cross-sector synergies through holistic building decarbonization in Hong Kong – AIRSIDE: a landmark grade A office & retail development

Driving cross-sector synergies through holistic building decarbonization in Hong Kong – AIRSIDE: a landmark grade A office & retail development

The linkages among environmental dynamism, dynamic capability and competitive advantage: Significant implication for retail development

This study simultaneously examined the linkages among environmental dynamism, three dynamic capabilities, and the competitive advantages of retail businesses, which have not been identified before. Furthermore, this study fills the significant gaps in the literature and practical guidelines for retail development through improving retailer’s dynamic capabilities in response to environmental dynamism. The study used a quantitative approach by partial least squares SEM (PLS-SEM) to examine the hypotheses. Data were collected from 304 Vietnamese retail business managers. The results show that environmental dynamism plays a significant role in fostering the improvement of retailers’ dynamic capabilities. The findings also reveal positive linkages among the three dynamic capabilities before they significantly improve retailers’ competitive advantage. These are the valuable guidelines for retailers to nurture their dynamic capabilities, including service innovation capabilities, multi-channel integration, and brand orientation for sustaining their competitive advantages.

Advancing Social and Economic Sustainability in Urban Areas: A Methodology for Determining Architectural Programs of Shopping Centers

The surge in shopping center construction within urban areas, especially without a strategic plan, has been particularly notable in Eastern Balkan cities during the 21st century. This tendency may lead to decreased economic activity and noticeable shifts in social and cultural dynamics. The primary objective of this study is to introduce and apply the Methodology for Determining Architectural Programs (MDAP), a mathematical model designed to optimize the planning process of shopping centers. Focused on spatial disposition and internal program distribution, MDAP extends the foundational Huff model by incorporating relevant economic parameters—consumers’ purchasing power and potential investors’ costs. Examining the city of Novi Sad, Republic of Serbia, the results indicate the consistency of the MDAP’s results compared to the application of the basic Huff model. This approach could contribute to a more balanced economic distribution within cities, promoting social and cultural relations while offering investors a relevant feasibility study and preserving shopping centers’ profitability. This study underscores the significance of considering social sustainability in urban planning, emphasizing how strategic urban retail development can positively impact social dynamics alongside economic viability by maximizing the potential utilization of existing retail spaces. However, potential limitations include unforeseen social, economic, and political factors influencing shopping center location decisions, posing challenges in real-world applications relying on complex social relations.

Mengukur Citra Carrefour BG Junction Surabaya

A retail business is a business selling products and services that have been added to meet the needs of individuals, families or other end users. Retail business in Indonesia is divided into 2 groups, namely traditional retail and modern retail. Modern retail is basically a development of traditional retail. Retail business does not always have to be done in a shop, but can also be done via telephone or internet, also called retail or non-shop retail. The characteristics of a traditional retail business are simple, the place is not too large, the goods sold are not too many type, the management or management system is still simple, does not offer shopping convenience and there is still a process of haggling over prices with traders, and the products sold are not displayed openly, so customers do not know whether the retailer has the goods they are looking for or not. Meanwhile, modern retail businesses On the contrary, it offers a spacious place, there are many types of goods sold, the management system is well managed, offers shopping convenience, the selling price is fixed (fixed price), so there is no bargaining process and there is a self-service or self-service system, as well as displays products on open shelves, so customers can see, choose, and even try products first before deciding to buy. Of all the retail companies, there is one large company that also dominates the retail business currently, namely Carrefour. Carrefour is an international supermarket group, headquartered in France. Carrefour is the second largest retail group after Wal-Mart. The first Carrefour store opened on June 3, 1957, in Annecy near an intersection

Green Retail Development for Plastic Waste Prevention – Regime Trajectories and Levers for Change in Thailand’s Socio-technical System of Single-use Plastics

Thailand faces significant plastic waste management challenges. Around 2018-2019, a growing number of green retail shops started emerging in Thailand, offering products and services that eliminate or reduce the consumption of single-use plastics (SUPs). This paper intends to explore green retail as a niche in the Thai socio-technical system of SUPs. It aims to understand the socio-technical system’s current state, identify niche dynamics and momentum, illustrate key regime trajectories, and highlight policy levers. The study uses secondary data from academic articles and policy documentation, along with primary data from interviews with 20 Thai green retail founders conducted between 2020 and 2022, for thematic and content analysis. Findings suggest that the green retail niche has started establishing network, institutional and technological anchoring within the regime despite the disruptive impact of the COVID-19 crisis. Green retailers are committed to the development of their business models, but require support. The research suggests enhancing network formation and skills development within the niche, increasing access to financial resources, and establishing green financing options. It also suggests drawing links to more established niches and setting up incubation and acceleration programs for sustainability-minded small and medium enterprises (SMEs), thereby supporting their growth. Beyond the Thai context, this paper may be relevant for other countries and for evaluating sustainability niches in other sectors.

How to acquire customer loyalty in online retailing industry? An empirical study from service recovery perspective

With the rapid development of online retailing, retailers have recognized the importance of identifying service failures, improving service recovery, and retaining loyal customers. However, few studies have utilized an empirical study to measure the severity of service failure, service recovery, and customer loyalty. This study empirically investigates the impact of service failure attribution on the severity of service failure by using a survey in recent Chinese marketing. We propose hypotheses and a theoretical model, and extend our study with a questionnaire. Further discussions, theoretical implications, and practical implications are also discussed to provide managerial implications for online retailers.

Mapping the Trend of Digital Transformation in Omni-Channel Retailing: A Bibliometric Analysis

The omnichannel, a new concept in retailing, has surpassed the genre of electronic business (e-commerce) and has significantly influenced consumer thoughts and decisions. This approach refers to a retailing approach that has transformed the way customers shop, seamlessly transitioning between online and offline platforms due to the increased usage of smartphones and tablets. Presently, retailers are focusing on delivering excellent service experiences. However, despite being a prominent topic in the retail sector, bibliometric and systematic reviews exploring omni-channels are scarce. To contribute to further research collaboration and expand knowledge in this subject area, a bibliometric study was conducted to examine omni-channel research trends, including publication outputs, notable journals, top-performing authors, leading countries, and author keywords. A total of 773 articles were acquired from Scopus databases from 2013 to March 2023. The findings revealed a continuous increase in the number of omni-channel publications each year, indicating its growing relevance in the retail industry. Among the 61 countries analysed, Chile had the highest number of active paper publications, followed by Sweden and Spain. The systematic analysis conducted using VOSviewer identified 2103 keywords. This research explores focal points in research, evaluates trends in evolution, visualizes collaboration networks, and identifies a prominent topic in the field of omni-channel research. Cluster analysis revealed prominent topics of interest within the omni-channel context, including the grocery, fashion, luxury, and tourism domains. As a result, this study provides an information and implementation direction for the development of omni-channel retailing.

Продуктовий ритейл в Україні: тенденції та наслідки кризових трансформацій продовольчої системи

Sustainable transformations in some segments of the food system, which have recently occurred due to military conflicts, extreme climate events and epidemics, necessitate their in-depth study. Ensuring the population's physical and economic access to food to a certain extent depends on food retail (domestic retail trade), which, together with other components of the food system, has undergone transformation and requires an assessment of development trends. The article aims to identify development trends and transformations that occurred from 2012 to 2021 in Ukraine's food retail industry as a component of the food system. The study used general scientific and special methods: dialectical and logical to summarize the scientific basis for identifying transformations in food retail; economic-statistical – for processing and analyzing statistical data; tabular and graphical – for visualizing and summarizing the research results. The authors summarize conceptual approaches to the interpretation and essence of transformations in food systems and features of the formation of modern food policy. The differences in food retail transformations in modern and traditional food systems were revealed. Trends in the development and transformation of food retail during 2012-2021 were identified, including changes in the quantitative structure of stores and retail space, turnover volumes, profitability of trade, volumes of consumption of basic food products, consumer prices, etc. With the advent of Internet commerce, qualitative changes have occurred in serving consumers, mainly through creating online goods delivery services, mobile applications, and social networks. Using innovative food retail management technologies increases the efficiency of trade operations and improves product supply. As a result of the transformation of consumer priorities, health and sports nutrition stores and farm products have become stores with a focus on their safety and quality.