4. Smart retailers will focus on developing better mobile shopping experiences for tablet users. Although the base of tablet users is small, a third of them use their device for shopping online and they tend to be a more affluent – and profitable — consumer. Retailers will develop apps that provide a lush shopping experience, combining clear pictures of merchandise as well as lots of product information and even editorial content, and the move will pay off as mobile shopping continues to grow at a brisk pace that dwarfs the adoption of the Internet as a shopping tool.
Now to my 2011 Predictions scoring :
Overall, I'd say four out of five ain’t bad, and give myself a B.
1. Holiday 2010 modestly outpaces estimates.
Correct, although "modest" may have understated it.
2. Teen retailer shakeout.
Wrong. Despite the challenges of dealing with fickle teens and fast-fashion rivals like H&M, teen retailers are hanging in there.
3. Private equity shops the retail sector.
Yep, BJ’s Wholesale, Timberland and skate and surf lifestyle brand Volcom were all acquired by private equity firms in 2011, and the trend should continue into 2012.Page 2 of 3 | Prev Page | Next Page