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Cornerstone Blog In ‘new era’, hyperlocal retail to be future, finds Bain study

In ‘new era’, hyperlocal retail to be future, finds Bain study

June 16, 2021 by Cornerstone International Group Leave a Comment

Hyperlocal retail-location-based omnichannel sales of goods-

is to become brands’ new battleground to win and retain customers over the next decade, said global consultancy Bain & Co.

With e-commerce penetration rates already high in large parts of China,

the retail game has evolved from one of acquisition of customers to one of winning the share of consumer spending,

according to the Hyperlocal Retail Brand Growth White Paper that Bain released with Alibaba Group.

Read the full article here

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Filed Under: Cornerstone Blog Tagged With: #retail, future

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