Tag Archives: millennials

Shopping for one? Single-person households soaring

Single-person households are soaring worldwide, with important implications for the supermarket and convenience sectors, says Euromonitor. The finding comes from the global market-research company’s white paper ‘A Look at the Future of the Family’. It reveals how socioeconomic trends are rapidly transforming the traditional definition of the family. It also …

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Recalibrate your approach to reach millennials

Retailers should reassess their business strategy and technological prowess by benchmarking their store layouts, systems and processes against shopping preferences of millennials and post-millennials, who are going to redefine the future of retail, says leading data and analytics company GlobalData. Pressed for time, millennial consumers look for convenience and flexibility, …

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