Opinion: The retail trends you need to know to survive another decade

Carla Buzasi

You might be counting down the selling days left in 2019, but those of us in the trend forecasting world are looking ahead to the next decade and what’s in store for retailers who want to be playing the same game this time next year, and the years after that.

While rental and resale are getting their fair share of column and advice inches, there are other trends to tap into if you want to give yourself the competitive edge that’s going to be needed. And, make no mistake, 2020 and the decade that follows will be as much of a rollercoaster ride as the years we’ve just survived.

If you haven’t heard about mindful retail yet, now’s the time to pay attention. With the advent of 5G and our lives getting even faster, consumers bombarded every minute with prompts, alerts, likes and emails are seeking calm physical environments that offer a respite from busy lives.

Think that means more yoga studios or mindfulness retreats? Wrong. There’s an opportunity here for savvy retailers to reimagine their shopping spaces as escapes from the hustle and bustle of the high street.

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