Envisaging the future of retail can feel confusing and potentially a waste of time. We often get stuck in today’s problems and challenges, or we go to the other end of the spectrum and consider radical science fiction ideas. But what if we step back and allow ourselves to imagine what retail, and specifically grocery, could look like in 10 years? In this episode, Oliver Banks dives into three exciting concepts from his latest collaboration with RETHINK Retail, exploring shopper-driven innovation, retail media’s potential fall, and a revolutionary approach to grocery e-commerce partnerships. Join the conversation as we speculate on the future of retail and how it could impact us all.
Listen to this podcast episode and:
- Consider how we could adopt online shopping tools into the physical store.
- Discover why we must be prepared for the rise and fall of retail media.
- Explore how the retail industry can overcome the challenges of unprofitable online operations.
Discover more about Shopper Driven Innovation
Read the report: “Shopper-Driven Innovation: The Next Wave of Grocery Trends” from RETHINK Retail, with guest authors.
Additional episodes to check out next
The grocery sector have lead the market for retail media networks. However, this is just one of the new business models which is set to revolutionise the retail sector. Discover the other business models which are transforming the future of commerce. Listen to episode 310: Beyond The Classic Retail Business Model (part 1) and episode 311: (part 2).
Creative thinking is a key skill to conceptualise the sector. Listen to episode 177: Inspiring Innovation Across Your Organisation to discover how you could unlock innovative thinking in your company.