For the past 11 years, Pragma as part of the Ebeltoft Group, has been tracking innovative retail concepts across the globe. The discoveries have been inspiring, creative and diverse, but the excitement comes with a warning: The pace of innovation needs to accelerate even more. Most retailers are simply moving too slowly, particularly the larger, entrenched retail companies.
Retail Innovations 11 brings optimism to the table. The speed at which old models are being reinvented is accelerating, macro-economic perspectives are a little more positive and most retailers acknowledge they have simply no choice but to innovate, or risk obsolescence. The 26 member companies of Ebeltoft Group witness this through consulting projects across all regions, formats and industries; retailers are racing to create new formats, invent new added values and explore new frontiers.
The 11th edition showcases over 45 of the best innovation cases from 22 countries and pinpoints the global innovation trends.
This year´s trends highlight a spectrum of drivers for innovation and performance:
- The Convenience
- The Customer
- The Experiance
- The Price
- The Product
- The Sustainability
- The Technology
Furthermore, the three hot trends of the year are: Pasion for Food, Low Inventory, Second-hand/ no Waste.
Download the report here: RI11