APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Agile

    AI Healthcare

    Artificial Intelligence

    Aviation

    Bi and Analytics

    Big Data

    Cloud

    Cyber Security

    Digital Infrastructure

    Digital Marketing

    Digital Transformation

    Digital Twin

    Drone

    Internet of Things

    Low Code No Code

    Networking

    Remote Work

    Startup

    Unified Communication

    Wireless

  • E-Commerce

    Education

    FinTech

    Healthcare

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Dell

    IBM

    Microsoft

    Salesforce

    SAP

  • Cognitive

    Compliance

    Contact Center

    Corporate Finance

    Data Center

    Data Integration

    Digital Asset Management

    Full Stack Development

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Proptech

    RegTech

Menu
    • Compliance
    • IBM
    • Big Data
    • Unified Communication
    • Digital Infrastructure
    • Data Center
    • Salesforce
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Other

    2021 Marked the Beginning of a New Era in Retail and eCommerce

    Apac CIO Outlook | Friday, December 03, 2021
    Tweet

    Grocery shopping online is here to stay. While the early pandemic panic buying has subsided and some newly minted online grocery buyers will eventually return to physical shopping, the pandemic will have long-term consequences for grocery eCommerce.

    Fremont, CA: The year 2021 heralds the dawn of a new era in retail and eCommerce. The pandemic prompted a massive shift in almost everything digital, and while 2020 will be remembered as an outlier in terms of the frenetic pace of adoption, consumers' new behavior is here to stay. Digital activities will continue to expand from today's accelerated base over the next five years.

    The Retail Industry Witnessed Numerous Developments Since the Pandemic Began

    Many retailers have or are developing vendor partnerships with the goal of increasing supplier diversity, equity, and inclusion. The 15 Percent Pledge, which calls on major retailers to commit a minimum of 15 percent of their shelves to Black-owned businesses, was launched. Macy's created The Workshop at Macy's, a business boot camp created ten years ago to give minority and women-owned businesses the tools they need to succeed in the industry. Albertsons launched programs in June 2021 to provide diverse-owned small businesses with access to often difficult-to-acquire working capital.

    Grocery shopping online is here to stay. While the early pandemic panic buying has subsided and some newly minted online grocery buyers will eventually return to physical shopping, the pandemic will have long-term consequences for grocery eCommerce. The number of digital grocery buyers increased from 92.3 million in 2019 to 142.9 million in 2021, and this figure is expected to rise further. Online sales are not just coming from new customers; many current digital grocery shoppers plan to devote more of their budgets to eCommerce orders in the future. And, as fast delivery and click-and-collect capabilities improve, consumers' grocery choices will be influenced by price and convenience.

    Weekly Brief

    loading
    ON THE DECK

    Digital Twin 2022

    Top Vendors

    E-Commerce 2022

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Achieving Business Agility

    Key Challenges Facing Real-time Data Processing in Data Centers

    Digital Transformation Agility

    Angela Lam, CIO Shell Australia, COG & Integrated Gas, Shell (NYSE: SHEL)

    Technology Trends Impacting Digital Infrastructure in 2022

    The Benefits of Portable Solar Generators for Cities

    Agile Culture -The Path To Business Success

    Loading...

    Copyright © 2022 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe |   About us

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/2021-marked-the-beginning-of-a-new-era-in-retail-and-ecommerce-nwid-8641.html