With the rise of online shopping, physical stores need to be reinvented to place the fitting rooms at the heart of their spaces rather than in the back corners. The fitting room is the most important store space in the new retail age.
The need for checkouts in supermarkets will be a thing of the past as major retail players like Amazon, Tesco, Alibaba, are investing in new AI (artificial intelligence) technologies for checkout-free stores.
The secondhand market is one of the fastest-growing economic sectors within the fashion industry and a growing number of famous international retailers are now testing out a resale program where they allow shoppers to sell and buy used items.
The use of artificial intelligence in retail stores is already here in Serbia! A start-up Serbian company pygmyTITAN developed the first local digital sales assistant for retail stores. One of the first retailers to welcome Igigi is the famous Serbian supermarket chain AROMA.
Redefine Meat, a company that produces 3D-printed alt meat is planning a massive European expansion mid this year. The alt meat products will first enter Israel, Germany, and Switzerland, before moving into Asian and US markets.
Delta Holding is developing the first regional online retail platform called Ananas due to launch in the first half of 2021. The platform will cater to people in the countries of former Yugoslavia, including Albania.
Paul Jean Gaultier fashion exhibition at the Museum of Modern Art in Belgrade presented talking mannequins, that responded to the movement of visitors. With the development of facial recognition and AI technology, one must wonder will dolls replace human sales staff in the future?
According to Forbes over 160 retail companies filed for bankruptcy in 2020. It is easy to assume that the pandemic destroyed these companies, but maybe their failure to adapt to changing trends has been the main cause of their troubles. Let us analyze some popular bankrupt retailers to learn from their mistakes.
It might have seemed like a slow year, but many things have changed in retail since the pandemic started. This is especially true for retail in the Balkan region, as the e-commerce market here was always underdeveloped compared to the west.
Galerija Belgrade introduced an innovative loyalty program that should inspire shopping centers across the region to use similar technology to draw in customers. The loyalty program app is like a game, that rewards shoppers with points, membership levels, and many prizes!
In 2019, retailers spent over $8 billion on influencers and by 2022 this number will increase to $15 billion, according to Mediakix data. In this article, we will explore why so much money is being spent on influencers and why they are becoming more important than ever before for the retail industry.
UŠĆE Shopping Center in Belgrade introduced an innovative shopping center trend in Serbia, with the launch of a "Personal Shopper" Service, which demonstrates how important it is now for shopping centers to start thinking outside the box and to introduce new ways to connect with their visitors.
Galerija Belgrade, the biggest regional shopping, gastro, and entertainment destination, has launched an innovative prize game called „Shop Like a Millionaire“, which will last until October 5th, 2020.
Is the retail market ready for a second wave of the pandemic? What changes should retailers and shopping centers make now? These are questions we have explored with retail and real estate professionals at a REBEC webinar.
Promenada Novi Sad, the biggest shopping center in Serbia, has opened an innovative concept "The Empty Shop" in partnership with the Red Cross Vojvodina. As its name suggests, The Empty Shop features empty shelves and hangers, which will allow the mall's visitors to fill it up with donated clothing.
Lets take a look at how the leading shopping centers across South East Europe are entertaining their visitors this summer. Here is our pick of top innovative events that took place this July within famous shopping centers in the region. We will also discuss why special seasonal events are vital for the success of shopping centers.
UŠĆE Shopping Center, the best performing shopping center development in Belgrade, has recently expanded its tenant mix with new international brands. The mall also hosted various exciting events for its visitors this May.
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Retail SEE Group is an online news and marketing platform dedicated to the retail real estate industry. We promote to a global audience: shopping centers, real estate developments, retailers and related business service providers.