The gift store industry has experienced a remarkable surge in popularity in recent years. From boutique stores to online platforms, gift stores have become a go-to destination for individuals seeking thoughtfully curated presents for various occasions. This trend is not only a reflection of the growing consumer interest in meaningful gift-giving but also an opportunity…
In 2024, the catering industry is evolving at a rapid pace, presenting both challenges and opportunities for growth. The China Catering Industry Summit, held from April 8-10, 2024, brought together industry leaders and innovators to discuss the future of the catering industry and explore new possibilities. One of the highlights of the summit was the…
The world of store management revolves around four pillars that can greatly influence the success of a store: display, service, operation, and promotion. In the age of digitalization, these elements can be further optimized, leading to unexpected outcomes. In this article, let’s delve into the changes that digitalization can bring about in each of these areas:…
According to Deloitte’s report on Q1 2023 retailer and consumer trends, big retailers are expanding their customer base by adopting smaller, more compact brick-and-mortar stores. This strategy, rightsizing, gained traction in 2023 as retailers explore innovative ways to connect with the appropriate consumers while optimizing their physical store footprint. For instance, retail giants like Walmart…
