Yes, store closures have indeed outpaced store openings across the US market in recent years. According to a June 2017 report with IoT investment data, IDC stated that in-store contextual marketing will be one of the fastest growing cross-industry IoT use cases between 2017 and 2021 with a 20.2 percent CAGR. It obviously will play a major role in retail as well. RETAIL INDUSTRY REPORT | Q2 2017. "We have been very pleased with the sales collection service we receive from Retail Report. For our 2021 retail industry analysis, Deloitte interviewed 50 retail executives and 15 of our retail subject-matter specialists to address what the retail world may look like with COVID-19 in the rearview mirror—and what retailers may expect as they plan for 2021 and beyond. Technology continues to change the rules of engagement, consumers are more demanding than ever, and getting them to notice your brand amid all the noise in the market is an even greater challenge. GCC Retail Industry Report January 2015. Retail as we know it is over. However, price variation between online and brick & mortar stores can challenge the retail market growth. But fast-forward a few months, and fashion’s outlook has gotten dramatically and suddenly bleaker. The report also focuses on the exhaustive trends in import/export, production and consumption data of the product, cost structures, and manufacturing processes. Discover Deloitte and learn more about our people and culture. It shows the total sales and the percentage change for that month and also reports on the percentage change in year-over-year (YOY) sales for the last 12 months. Report Overview. Industry-wide, online sales make up 10 percent of all retail … DTTL and each of its member firms are legally separate and independent entities. This inquiry report was released on 9 December 2011 and examines the Implications of globalisation for the retail industry and the appropriateness of current policy settings in this environment. It’s all retail. This message will not be visible when page is activated. This report analyses the market for hot drinks in Cambodia. Going into 2020, consumers face three key challenges: Gains in the labor market haven’t translated to strong wage growth. Understanding how political and economic factors may unfold will be instrumental to considering future investments and strategies. Additionally, supporting growth in the tourism sector and widespread country-level government-led investments in transport infrastructure are driving the region's growth. Consulting services for Retail, Wholesale & Distribution. It shows the total sales and the percentage change for that month and also reports on the percentage change in year-over-year (YOY) sales for the last 12 months. Detailing a comprehensive perspective on the retail industry, the report states major market characteristics and changing dynamics of the industry. For the second quarter of 2018, Malaysia’s retail industry reported a growth rate of 2.1% in retail sales, as compared to the same period in 2017 (Table 1). KEY FINDINGS. Retail Industry - Growth, Trends, and Forecasts (2020 - 2025), Pharmaceuticals, Luxury Goods, and Others. The retail sector continues to grow. Total retail sales (including motor vehicle and parts sealers) from 1 million retail establishments in the United States surpassed $5 trillion in 2017. The retail industry is witnessing dramatic changes with changing economic conditions. Consumer spending, which typically accounts for more than two-thirds of the GDP, has been a key indicator of the health of the retail market. 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