Adapting to Change: Retail Sector Trends, Part Two
Jan 14, 2025•15 min•Ep. 156
Episode description
Takeaways
- 2025 is set to bring significant changes in retail.
- AI (artificial intelligence) technology is becoming increasingly integral to retail operations.
- Beauty sector growth will be driven by its affordability and wellness focus.
- E-commerce sales in the US are forecasted to reach $1.2 trillion.
- Apparel and footwear sales are expected to see moderate growth.
- Home-improvement retail is recovering from a challenging 2024.
- China's luxury market share is anticipated to rise significantly.
- The resale market for luxury goods is growing rapidly.
- Retail media networks must develop strong technical capabilities.
- Consumer preferences are shifting toward premium and sustainable products.
Chapters
00:00 Introduction to Retail 2025 Outlook
04:18 Beauty Sector Predictions for 2025
06:10 E-commerce Trends and Projections
09:30 Apparel and Footwear Market Insights
10:56 Home-Improvement Sector Analysis
13:22 Luxury Market Trends and Predictions
Read our Retail 2025 Sector Outlooks: Ebook to dive into prospects for retail in 2025.
For the best experience, listen in Metacast app for iOS or Android
Open in Metacast