The popularity of retail parks in Serbia continues to grow. Last year we have seen the opening of four new retail parks across the country, acquisitions of six existing retail parks, and the announcement of new retail park developments for 2021.
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.
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.
Retailers are losing thousands of euros every year due to poor management of salespeople. This article will discuss ways you can improve your retail business by investing more time and effort into your sales team.
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