As competition heats up and retail activity regains momentum, how are malls and retailers reinventing themselves?
Guide
7 retail trends to watch for in 2024
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Rising consumer demand and the fast-paced tourism recovery continue to boost retail activity across the Asia Pacific region in the post-pandemic era. Amid increasing competition, shopping malls and physical stores find themselves having to switch things up to differentiate themselves and stay relevant.
Explore top seven trends below that are keeping retailers ahead of the game:
- Retail media networks emerging as a revenue stream
- Mixed-use spaces grow in popularity
- Consumerism slowdown amid sustainability concerns
- Adoption of sustainability KPIs to boost customer loyalty
- Increase in engagements that recreate physical experiences
- Strong interest in social experience at retail spaces
- Unique digital experiences needed to engage, retain customers