|
Retail Forward Intelligence System
2005 Strategic Outlook Conference
Retailing 2010: Five Years Survived, Five Left to Thrive
Consumer
2010
Retailers and suppliers intent on thriving throughout the remainder
of this decade must build from a solid foundation of relevant consumer
insight. Keen consumer insight requires understanding the most critical
changes under way in the consumer's shopping mindset, shopping behavior,
lifestyle and demographics. This session explores these changes,
with an emphasis on identifying emerging opportunities and challenges
they will provide retailers and suppliers.
The
Surging Growth of Private Brands
Private brands are not new; they have been around nearly as long
as retailing itself. But the convergence of optimal consumer, category
and channel conditions has positioned private brands to thrive.
As big as private brands are now, their imminent expansion across
all categories, lines of retail trade and countries will cut even
further into the sales of traditional branded goods. This penetration
of private brands will cause a seismic shift in channel power. This
session explores retailers' private brand strategy alternatives.
Brands
Battle Back
The advantages of private brands for retailers are well-documented,
yet many branded goods manufacturers remain in denial about the
threat private brands pose. Once manufacturers recognize the threat,
they have two choices: Fight them or join them. This session examines
what suppliers can do to combat the threat of private brands.
A
Future Vision of Multi-Channel Retailing
Shoppers increasingly view Web sites, catalogs and stores as part
of the same shopping excursion, yet retailers still struggle to
use their customer touch points to create a true multi-channel retail
experience. As pressure from low-cost leaders like Wal-Mart forces
retailers to differentiate, the world of channel integration offers
a virtual greenfield of opportunity for new leaders in customer
experience. This session examines what retail leaders are doing
today to create a multi-channel future and explores what that future
will look like.
Retail Innovation
There has never been a greater need for retail innovation than in
today's cluttered marketplace, nor a period of greater opportunity.
Significant and rapid demographic, economic, social and technological
shifts are creating a fertile environment for new ideas to better
serve consumers, steal market share and re-invent entire industries.
This session reviews past patterns of retail innovation and focuses
on the most promising areas and concepts for the next five years.
Wal-Mart 2010
Wal-Mart will be even more successful by 2010. While the world waits
for Wal-Mart to collapse under its own weight, Wal-Mart waits for
no one. Demonstrating a remarkable capacity to manage the retail
lifecycle, Wal-Mart keeps rolling on. If you thought Wal-Mart was
an impetus for change during the past five years, watch out for
the next five! Wal-Mart's strategy of innovation is not about creating
incremental change. It is about creating new businesses that disrupt
traditional businesses. How big can Wal-Mart get? What categories
will it dominate? What moves must competitors and suppliers make
to survive? This session provides the answers.
|