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McKinsey: AI, convenience, and generational shifts to reshape retail

A new report from McKinsey & Company and ICSC highlights three key forces shaping the future of retail, emphasizing that physical stores are not obsolete but rather integrated with online channels. The report identifies the increasing role of artificial intelligence in consumer decision-making and shopping tasks as a primary driver. It also points to growing consumer expectations for convenience and transparency, alongside shifts in intergenerational spending power, as crucial factors influencing retail formats and consumer behavior. AI

影响 AI integration in shopping is expected to significantly influence consumer behavior and retail strategies.

排序理由 The cluster summarizes findings from a research report by McKinsey & Company and ICSC. [lever_c_demoted from research: ic=1 ai=0.4]

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McKinsey: AI, convenience, and generational shifts to reshape retail

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    Forces Shaping the Future of Shopping: A Behavioural Perspective With the expansion of the use of the Internet for online ordering and buying of products over t

    Forces Shaping the Future of Shopping: A Behavioural Perspective With the expansion of the use of the Internet for online ordering and buying of products over the past twenty-five years (aka e-commerce), there has been a flow of debates, discussions and projections on the economi…