Optimism Reigns in Retail

OPTIMISM REIGNS IN RETAIL Retail insight and trends from RSR Research and SPS Commerce GROWTH Everyone expects sales growth in 2014. retailers 79% suppliers 86% logistics firms 89% 46% increasing budgets Budgets reflect the industry's bullish nature. Only 14% decreasing budgets МOBILE Mobile sales are on the rise. For 26% of retailers, at least 1 in 10 sales is through the mobile channel today. This is expected to increase in 2014. $$$$$$$$$$ 33% of RETAILERS 29% of predict mobile will be SUPPLIERS expect mobile will > 10% of sales in 2014. be > 10% of sales in 2014. ••.• PRIORITIES The priorities are clear. STORE INVENTORY E-COMMERCE TRAFFIC ΜΑNAGEM ENT SALES ... But misalignment of investment strategies highlights future challenges. RETAILERS SUPPLIERS FOCUS ON EFFICIENCIES FOCUS ON E-COMMERCE Inventory { 28% 26% } Expanded product management assortment Supply chain visibility 25% 20%} E-commerce advancement Warehouse Inventory 24% 18%} improvements management TAKE ACTION Retail is at a reset moment. Here's what you must do in 2014: Remember the consumer is Be mobile. driving change. Be social. Be anywhere the consumer is. Use data to Collaborate build a nimble with trading partners. supply chain. SOURCE "Retail Insight: The Impact of Omni-Channel Trends for 2014 and Beyond" An industry benchmark report published annually by RSR SPS COMMERCE Retail Systems Research in cooperation with SPS Commerce. INFINITE RETAIL POWER" fl You in ube Download the full report here: http://go.spscommerce.com/inforsr2014