When it comes to getting what they want, consumers don’t really care what it takes for retailers to deliver it. So in modern retailing, where hyper responsiveness is becoming the norm and stores find themselves feeling the pressure to meet next- or same-day delivery demands, a streamlined supply chain is suddenly taking top billing.
What if you could spill lunch down the front of your shirt, walk through torrential rain to get back to the office and remain connected to the Internet of Things with no stains, no wetness, and no lost connections? It’s quite possible the average person could wear such a garment as textiles and technology merge more and more.
Now that everyone is filled with Halloween sugar regret, it’s time to focus on something more positive. And right now, that’s the holiday retail outlook. Both the National Retail Federation and the International Council of Shopping Centers are projecting healthy increases for the season — 3.7 percent and 3.3 percent respectively.
While kids can’t change the first day of school, it seems that unless a principal was threatening after-school detention, they weren’t rushing to finish their shopping, either. The good news for retailers is that while consumers were indeed taking their time to shop, they were actually spending more, once they got over the heat waves, late Labor Day — and saw what their friends were wearing.