Trends In Retailing Research Articles

Future Trends in Multichannel and Omni-Channel Retailing: Implications for Businesses and Consumers

Future Trends in Multichannel and Omni-Channel Retailing: Implications for Businesses and Consumers

Retail on the Ground and on the Books: Vacancies and the (Mis)Match Between Retail Activity and Regulated Land Uses

Problem, research strategy, and findings Though demand for living near urban amenities has grown over the past two decades, retail vacancies continue to plague many urban areas. Are cities overzoning for retail? Can this overzoning explain the proliferation of urban retail vacancies in the past two decades? We first leveraged longitudinal data on retail leases to depict patterns of retail market activity in a sample of seven moderate to large U.S. cities. Second, we used property-level data on land use regulation to investigate whether institutional context, specifically zoning, has played a role in patterns of urban retail vacancy in the past two decades. We drilled down in New York City (NY) and Los Angeles (CA) to compare trends in retail leases with changes in regulated retail land use between 2006 and 2022. We show that in this period retail rents remained flat or declined and that the average retail space did not grow and may have shrunk. Our New York and Los Angeles microdata document that, during roughly this same period, the amount of land zoned for retail increased and that the building square footage zoned for retail grew even more rapidly. Indeed, during the same decades when retail leasing slowed and rents declined, the total amount of land and square footage regulated for retail use increased. Thus, our research indicates that, in addition to market forces, land use decisions have driven the current oversupply of retail space. This also suggests an important role for planning in solving the problem of vacancies. Takeaway for practice If macroeconomic factors drive the obsolescence of certain commercial uses, local zoning and comprehensive planning should respond accordingly. As cities emerge from the pandemic and adjust to new work–live patterns, planning for the volume and spatial distribution of retail will remain an important task for urban planners and managers.

Evolution and trends in retailing: insights from International Journal of Retail & Distribution Management

PurposeThis study aims to embark on a bibliometric journey through the International Journal of Retail & Distribution Management (IJR&DM) to delve into its rich repository of applied retailing research.Design/methodology/approach626 publications in IJR&DM between 2015 and 2023 have been retrieved from Scopus for performance analysis of the journal’s publication (productivity) and citation (impact) trends as well as a science mapping of the journal’s collaborators (contributors) and major themes (contributions).FindingsThe performance analysis highlights the growth in the productivity and impact of IJR&DM alongside its most cited publications, most prolific contributors, most relied-on journals, as well as the authors, institutions, countries, and journals that the journal has impacted the most. The co-authorship analysis reveals the collaboration (i.e., international with a high concentration in Europe and North America along with an emerging presence in Asia) of IJR&DM. Keyword co-occurrence analysis and bibliographic coupling reveal eight themes. Our exploration revealed close interconnections among various domains including retailing and adaptive strategies, channel strategies, customer experience, market innovations, operations management, relationship marketing, shopping motivation, and sustainability.Research limitations/implicationsAlthough this study delivers a state-of-the-art overview of the retail industry through the scientific contributions from IJR&DM, it remains limited to the insights from a single authoritative source of knowledge on retailing.Originality/valueNo review, to date, has been conducted for IJR&DM. This study provides the inaugural retrospective of the scientific contributions of IJR&DM, outlining publication and citation trends alongside the intellectual structure of its body of knowledge on retailing. Theoretically, this retrospective is pivotal in charting the intellectual growth and thematic nuances inherent in retail research. Practically, this study serves as a guide for practitioners, enabling them to make strategically informed decisions and craft forward-looking strategies in sync with current realities.

Emerging managerial issues in adoption of quick commerce among youngsters in India using extended UTAUT2 framework: transformative trends in retail

Emerging managerial issues in adoption of quick commerce among youngsters in India using extended UTAUT2 framework: transformative trends in retail

Digital Retail Trends: Analyzing Online Shopping Behaviour among College Level - Students in Nepal

Background: Online shopping is a pivotal component of electronic commerce, allowing consumers to purchase products or services directly from sellers over the Internet. It typically involves using a web browser to access digital storefronts hosted by retailers. Its significance continues to grow as technology evolves and consumer preferences adapt to the digital age. Objective: The main objective of this study is to examine the effect of price, convenience, and security on the online shopping behaviour of college-level students in Kathmandu. Valley. Design/methodology/Approach: The study employed an analytical research design and targeted college-level students from the different colleges of the Kathmandu Valley involving online shopping. We selected 400 respondents using a convenience sampling technique. Primary data has been collected by adopting a well-structured questionnaire mainly containing a five-point Likert scale. We applied correlation and regression approaches to analyze and interpret the data to obtain the outputs of the study. Findings: The study reveals an association between price, convenience, and security with online shopping behaviour. The result also showed that online shopping behaviour is significantly influenced by two main factors, namely convenience and price. Nevertheless, security is a relatively insignificant determinant of online shopping behaviour. However, gender does not affect all the variables. Conclusion: In summary, for college students, online shopping behaviour is significantly influenced by price and convenience, with security playing a minor role. Online shopping companies should focus on user-friendly website design and stable pricing to attract and retain customers. A well-designed marketing mix aligned with customer expectations is crucial for effective online business. Government support for network infrastructure and online business policies is also essential. Keywords: Online shopping behaviour, price, convenience, security, and students

The Current State of Digital Marketing in China's Beauty Industry and The Targeted Strategies

With the advancement of mobile internet and social media, the creation of new national beauty brands now heavily relies on digital marketing. Some of the new Chinese beauty brands that first appeared online have made online marketing their primary objective. With the aid of funding, they are able to increase their online advertising costs and increase their online sales significantly. This thesis examines the present state of the Chinese beauty business, looks at its external environment, discusses the significance of digital marketing's singularity in the beauty industry, researches new marketing channels in the new retail beauty sector, and makes some recommendations. The beauty industry must keep up with current affairs policy and vigorously develop digital marketing if it hopes to be competitive in this environment, draw in a large number of customers, and increase the value of the business. Further studies are expected to expand on this framework to forecast and investigate how digital marketing will grow in the Chinese beauty business in light of the new retail trend.

The consumers’ behavior as a driver of retail trends

Under the conditions of unprecedented war­time social and economic upheavals, restarting activities is considered not just as a factor in the development of modern trade enterprises, but as an indispensable condition for their survival in extreme reality. Adapting to new realities in the field of trade is possible only on the basis of under­standing the changes taking place in Ukrainian society. The aim of the article is to identification of determinants of consumer behavior that gene­rate key trends in retail development under war­time conditions. General scientific methods of analysis and synthesis, deduction and induction, logical generalization, systematization and com­parison, SWOT analysis were used in the paper. The state of retail development under the condi­tions of martial law in Ukraine was studied in the context of modern threats and opportunities, strengths and weaknesses. In order to form an idea of modern retail trends, consumer behavior in retail was studied from various angles and a range of problems that concern the modern consumer were outlined. The characteristics of goods for which the buyer is ready to overpay and consumer priorities in favor of purchasing domestic goods have been identified. The methods of delivery of goods acceptable to buyers and the attitude of Ukrainians to new brands have been determined. A change in the emphasis of consu­mers in favor of cheaper goods, an increase in rationality in the purchase of goods and a shift in consumer expectations from trade enterprises in the direction of socially responsible behavior were noted. The complex realities of war caused colossal damage to retail activity in Ukraine, but at the same time – opened a portal of oppor­tunities for its transformation in the direction of awareness and consideration of modern deter­minants of consumer behavior, establishment of a constructive dialogue with the consumer and effective response to current market challenges.

A study on latest retailing trends and developments and future of retail in 2023

A study on latest retailing trends and developments and future of retail in 2023

Smartly Packaged

Smartly Packaged

Advancing the marketing‐operations interface in omnichannel retail

Advancing the marketing‐operations interface in omnichannel retail

The online for offline mobile retail business strategy: sustainable multichannel services

Online for offline (O4O) e-commerce is a new multichannel strategy that is being adopted worldwide, whereby successful online companies launch offline retail stores. Despite this new retail trend, it is unclear whether this new business model is sustainable. Therefore, the purpose of this empirical study is to identify factors affecting consumers' intention to continue using online and offline channels established by successful online brands using an O4O strategy, and to test the halo effect of online stores going offline. The findings of this study confirm that utilitarian value, hedonic value, and parasocial relationships have significant effects on intention to continue visiting online and offline stores. Also, consumers' intention to continue to visit online stores strongly influences the perceived utilitarian and perceived hedonic value of the offline store. These results suggest that the perceived utilitarian and hedonic value of the online store can expand and sustain enterprises adopting the multichannel strategy.

The impact of COVID-19 pandemic restrictions on offline and online grocery shopping: New normal or old habits?

AbstractThe COVID-19 pandemic is changing future trends in retailing and e-commerce immensely. Recent research revealed a considerable increase in online grocery shopping (OGS) since the COVID-19 pandemic started. In addition, current statistics indicate a steady increase in OGS over the coming years. Despite this, less is known about whether consumers’ behavior is evolving to a ‘new normal’ or returning to ‘old habits’ after pandemic restrictions are withdrawn. To address this research gap, we operationalize and empirically analyze offline and online purchasing behavior before, during, and after pandemic restrictions. To this end, we use an extensive household panel dataset of 17,766 households reporting their purchases before, during and after the first lockdown in Germany in 2020. Our findings on offline purchase patterns show that while more than 10% of the consumers avoided brick-and-mortar retail during the lockdown, almost all of them returned afterwards. Looking at online purchase patterns, we find high volatility in OGS for both separate and combined purchase patterns. The combined analysis of purchase patterns (online and offline), reveal that households that avoided brick-and-mortar stores during the lockdown did not switch (completely) to the online channel. Based on our findings that consumers are still in reach of brick-and-mortar retailers we suggest offline retailers act now to retain their customers, e.g., by offering competitive benefits in their stores. OGS operators should urgently analyze the customer churn revealed in this analysis and derive measures to retain them. They do not seem to have succeeded in retaining their customers and keeping them loyal to the online channel during the entire observation period. Even worse, they also failed to convince consumers to use OGS who stayed at home due to the lockdown. The fact that a total of 96.75% of the observed consumers did not practice OGS at all shows that OGS in Germany was in 2020 still in its infancy. However, as current statistics forecast a further substantial increase in OGS over the coming years, our results are increasingly relevant for brand managers, brick-and-mortar retailers and OGS providers in Germany and beyond.

Lifestyle centers, the next boom and bust after shopping malls? Governance, public-private partnerships, and Guy Debord's spectacle in Dallas-Fort Worth

The boom and bust cycle of shopping malls has had profound repercussions for U.S. cities. Now, lifestyle centers are ascending, and this latest form of retail development is more costly than the development of classic suburban-style shopping malls. Concerns regarding the sustainability of lifestyle centers are highlighted in this article, which is a critical political economic assessment of how the emergence of lifestyle centers and the boom and bust cycle of shopping malls diverge and converge. This article uses qualitative methods in a case study of shopping malls and lifestyle centers in the Dallas-Fort Worth (DFW) metropolitan region, onboarding a political economic understanding of creative destruction, neoliberal governance strategies, and drawing on Guy Debord's notion of ‘the society of the spectacle.’ It is concluded that the boom and bust cycle of retail development is part of the continual production and degradation of spectacle-(re)enforcing built environments within advanced capitalism, and that stopping boom and bust retail trends requires a radical reorientation of planning, design, and policy-making toward new spatial ideologies informed by truly participatory community engagement.

Trends for U.S. catfish and swai products in retail markets

Farm-raised catfish is the largest U.S. aquaculture industry. Over the years, the ingenuity of catfish processors has made catfish products available all over the U.S. including globally competitive retail marketplaces. U.S catfish products face stiff competition from Vietnamese swai products in these diverse markets. This work elucidates the detailed nascent retail trends for U.S. catfish and swai products by evaluating weekly, store-based, AC Nielsen ScanTrack data from September 2016 through August 2021. The five-year analysis compares retail sales of U.S. catfish and swai products across national, regional, and city levels while providing key trends in product forms, quantities sold, promotional patterns, and price information. Results indicated an average annual growth rate of retail sales of 5.8% for U.S. catfish and 0.7% for swai. The South Central region had the greatest total retail sales for both U.S. catfish and swai products. Dallas/Fort Worth had the greatest total retail seafood sales for U.S. catfish products, followed by Chicago and St. Louis. Los Angeles was the most important city for retail swai sales. The 454-g U.S. catfish packs had a share of 77 and 68% in terms of volume and revenue while the same pack for swai had 48 and 28% volume and revenue shares. Frozen and refrigerated products dominated sales for both products in 2021. Swai products were characteristically priced lower than U.S. catfish products across all regions, cities, and study years, especially for larger packs. The study revealed the shift to increase at-home consumption of these two products during the pandemic years that have been reported for other seafood products.

Last-Mile Strategies for Urban Freight Delivery: A Systematic Review

Trends in retail and e-commerce have led to greater demand for urban freight and last-mile deliveries. This is a concern for urban planners, parcel carriers, and citizens as they struggle to cope with the demands that increased freight flows create in an urban context. This topic has also seen a corresponding expansion in the academic literature as researchers propose solutions to the problem of last-mile delivery. We conduct a systematic review of the literature to identify innovative last-mile delivery strategies as well as ways that those strategies are evaluated by researchers. This study will help academics as they consider directing future research as well as practitioners as they assess how delivery patterns may shift. We identify 22 last-mile delivery strategies and group them into four categories: innovative vehicles, urban goods consolidation, technological and routing advances in city logistics, and emerging planning tools and policies. We find that urban consolidation centers, freight bicycles, and collaborative logistics are the strategies that have received the most attention to date. Analyses of these options has focused on operational, environmental, social, and economic impacts with operational efficiency, emissions, and congestion being the three evaluation criteria discussed most in the literature. We propose that safety has not been adequately considered as a means for evaluating last-mile delivery strategies and should be a higher-priority focus for urban freight research going forward.

Retail Trends and Urban Regeneration in Jaffna Peninsula

Department of Agribusiness Management, Sabaragamuwa University, Belihuloya, Sri Lanka

Analysis of Competitiveness in Agri-Supply Chain Logistics Outsourcing: A B2B Contractual Framework

COVID-19 has left some permanent effects on the Regional Agri-Supply Chain (RASC). It has single-handedly accelerated the RASC’s performance through the globalization of local products and increased e-agri-business, virtual retailing trends, and smart logistics and warehousing services. The post-COVID worldwide growing demand for regional agri-products has increased the competitiveness in logistics outsourcing. Motivated by these changing notions, this paper addresses two major questions—whether the competitiveness in logistics outsourcing allows the supply chain drivers (supplier, retailer, and 3PL) to form a sustainable B2B pricing supply chain model, and what will be 3PL firms’ strategic decisions to secure sustainable profit under this competitiveness? In the light of competitive literature, this paper proposes two decision-making approaches, optimistic and pessimistic, models them using the Stackelberg game theory, and solves them using the subgame perfect Nash equilibrium. The result shows that, even after competitiveness in logistics outsourcing, the supply chain drivers agree to form a contractual supply chain. However, the competitive strategy-making of 3PL firms is a little tricky. Each focal 3PL firm must have perfect information about the peer firm’s strategic movement to choose its preferable strategy. Further, they can preferably constrain their core competencies (service price and quality level) to assure a sustainable profit.

Determinants of Bank Closures: Exploring the Relationship between Neighborhood Characteristics and Bank Branch Locations

Retail Banking in Canada has experienced significant changes perpetuated by both digital trends in retail and changes in consumer demand. These changes have resulted in significant decreases in client interactions with physical branches in favor of digital platforms (online, mobile, phone banking). As the “Big Five” Canadian banks pursue network optimization strategies focused on reinvesting savings into their digital channels, branch closures will accelerate, resulting in market gaps. Thus, the central aim of this study is to understand the relationship between neighborhood characteristics (built environment and socio-economic) and bank branch locations. Using the city of Toronto as a case study, this research addresses three objectives: (i) to identify neighborhoods underserviced by the “Big Five” Canadian banks; (ii) to examine the spatial relationship between neighborhood characteristics and branch locations; and (iii) to quantify the key neighborhood characteristics linked to branch locations. This study finds that financial exclusion continues to be associated with local dynamics of physical topography, road network, demographics, and socio-economic status. While financial exclusion is becoming a growing area of concern for policy makers, this research finds that access to affordable financial services still proves to be an issue that requires attention.

New Innovations & Its Effects in Food and Beverage Service Industry

It’s obviously true that cordiality is an area that can add to the monetary development of any nation and the travel industry is a significant part of same which incorporates number of areas like housing, catering, transportation, guest attractions, diversion and so forth Food and drink administration area is viewed as one of the significant fields which bring a serious extraordinary arrangement of benefit and fulfilling the vacationer. Food and drink administration tasks are proceeding to improve and grow, together with progresses in quality. The travel industry relies upon great nature of food and refreshments administration on the grounds that the greater part of the vacationer spends over 25% (Outlook June, 2012 / Emerging Trends in Food and Beverage Services Retailing in India) of their costs on same. In current situation individuals don’t care for ordinary assistance style for food and drink however they need some development which can be engaging, appealing and respectable even actual climate which incorporate help staff, atmosphere, table setting and lighting is additionally vital to draw in the visitors. Administration quality plays a vital situation to make the clients happy and demands them to return to the eatery. The food and drink industry is dependent upon various patterns and these patterns affect eatery business achievement or disappointment. This review centers around recent fads and advancements conceded by food and refreshment administration style and why actual climate is significant for any café.

New-Media Advertising and Retail Platform Openness

We have recently witnessed two important trends in online retailing: The advent of new media (e.g., social media and search engines) has made advertising affordable for small sellers, and large online retailers (e.g., Amazon and JD.com) have opened their platforms to allow even direct competitors to sell on their platforms. We examine how new-media advertising affects retail platform openness. We develop a game-theoretic model in which a leading retailer, who has both valuation and awareness advantages, and a third-party seller, who sells an identical product, engage in price competition. We find that the availability of relatively low-cost advertising through new media plays a critical role in influencing the leading retailer to open its platform and to form a partnership with the third-party seller, which is impossible when the cost of advertising is relatively high. Low-cost advertising can increase consumer surplus either directly via the third-party seller’s advertising or indirectly via the partnership on the leading retailer’s platform. We also find that the leading retailer has a greater incentive to open its platform and that the partnership is more likely to be formed when there are network effects, when the leading retailer can control the third-party seller’s exposure on its platform, or when the leading retailer can offer a direct advertising service to the third-party seller. Meanwhile, the constraint on the third-party seller’s advertising budget can reduce the leading retailer’s incentive to open its platform, making a partnership less likely. Our analysis offers important insights into the underlying economic incentives that help explain the emerging open retail platform trend in the era of new-media advertising.