This is what stores of the future will look like
The clear theme at a forum for retail executives this week in Portland was change.
As the retail world has been continually shaken up by everything from online shopping to smartphone purchases to drone delivery, traditional retailers are struggling to keep up.
At Portland State University’s annual executive forum, hosted by the school’s Center for Retail Leadership, Michael Sansolo, former senior vice president of the Virginia-based Food Marketing Institute, kicked off the discussions by urging retailers to get ahead of the curve.
"It seems like change is happening faster and more powerfully than ever before," he said. "We know there are forms of competition out there that we don’t know about yet. … We have to be flexible and facile enough to move with the changes."
The changes, he said, can be grouped into three primary areas: economic; technological; and demographic. Those shifts will lead to the formation of a new kind of store – a store of the future. Oregonlive – Read more…
As the retail world has been continually shaken up by everything from online shopping to smartphone purchases to drone delivery, traditional retailers are struggling to keep up.
At Portland State University’s annual executive forum, hosted by the school’s Center for Retail Leadership, Michael Sansolo, former senior vice president of the Virginia-based Food Marketing Institute, kicked off the discussions by urging retailers to get ahead of the curve.
"It seems like change is happening faster and more powerfully than ever before," he said. "We know there are forms of competition out there that we don’t know about yet. … We have to be flexible and facile enough to move with the changes."
The changes, he said, can be grouped into three primary areas: economic; technological; and demographic. Those shifts will lead to the formation of a new kind of store – a store of the future. Oregonlive – Read more…
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