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  • [New] When choosing where to shop in the year ahead, 45% of consumers indicate they plan to explore more ways to save money, a level virtually unchanged from the year before. McKinsey & Company
  • [New] To succeed in 2022 (and beyond), retailers must adapt to meet consumers' evolving expectations, and the brands that do so - delivering seamless shopping experiences - will reach more ready-to-buy customers. Glossy
  • [New] With shops shuttered in key markets such as Shanghai and customers unwilling to spend on luxury goods in other cities, the country which electrified 2021 luxury goods consumption could dampen Richemont's global outlook in 2022. Reuters
  • [New] Amazon on Wednesday launched Smart Commerce, a new offering that will allow stores to create their own online storefronts and also offer in-store shopping experience to their walk - in customers. TechCrunch
  • [New] Shopping malls, department stores, and supermarkets will begin resuming in-store operations and allow customers to shop in an orderly way, while hair salons and vegetable markets will reopen with limited capacity.
  • [New] The Chinese financial and manufacturing hub of Shanghai will gradually begin reopening businesses such as shopping malls and hair salons from Monday after weeks in a strict COVID-19 lockdown. financialpost
  • [New] While most pundits agree a completely integrated metaverse is still many years away, technology research firm Gartner predicts that by 2026, 25% of people will spend at least one hour a day in the Metaverse for work, shopping, education, social media and/or entertainment. Forbes
  • [New] Non-fungible tokens, augmented reality (AR) shopping experiences and social commerce - buying and selling directly across social networks - will play significant roles over the coming years for online merchants. Raconteur
  • [New] A Levelling up and Regeneration Bill will give councils new planning powers, including to force landlords in England to let out empty shops to rejuvenate high streets. Daily Business
  • [New] Landlords in England could be forced to let empty shops in a bid to rejuvenate high streets, under government plans. BBC News
  • [New] As consumers become increasingly familiar with online shopping across its key markets of Romania, Hungary and Bulgaria, eMAG's brand has the potential to achieve further growth in the hotly contested and continually changing online retailing sector. Romania Insider
  • [New] Cashier-less shopping is expected to turn into a supermarket in 2022, as companies including Tesco also count on the efficiency of cashier-less shopping. Smart Sight Innovations
  • By 2026, one-fourth of people will spend at least one hour a day in the metaverse for work, shopping, education, social, and entertainment. Shopify Plus
  • London's city centre is changing, with working from home and online shopping leading to less demand for office and shop space than previously expected. UFHealth
  • Converting empty or underutilized strip malls and shopping centers into mixed-use residential and retail developments could help solve California's housing shortage crisis and allow stores to stay afloat amid the shift to online shopping. Smart Cities Dive
  • Online shopping, offering more choice and competitive prices, was its primary threat, forcing high streets to rethink their role in the 21st century. Vivacity Labs
  • As customer expectations for online grocery shopping grow, and as other ecommerce retailers increase their digital capabilities, Amazon will have to add to its suite of digital grocery features to avoid losing shoppers. Insider Intelligence
  • Finland-based mining technology manufacturer Metso Outotec will deliver its 100th Anode Casting Shop to PT Smelting's (PTS) copper smelter in Gresik, East Java, Indonesia. Copperbelt Katanga Mining
  • Levi's store updates in Asia will center on switching existing locations into NextGen formats, which offer an elevated shopping experience with digital tools like LED portal entry archways and LED screens streaming immersive content. Sourcing Journal
  • As people's incomes improve in Asia, they expect faster delivery of online shopping orders, necessitating automated warehouse handling to save time and rigorous temperature controls to keep goods fresh. Yahoo Finance
  • Almost 70% of consumers will browse e-commerce websites, add products to their shopping carts, and then abandon their orders. Velocitize

Last updated: 29 May 2022