Recapping 2017 Unprecedented Change Dec 01, 2017 By: Margaret Core, Vice President, Industry Events, Food Marketing Institute The retail industry is experiencing unprecedented change. The decisions and investments that consumer goods and food retail businesses make will determine future winners and losers. Change is everywhere and we all can adapt. Based on PlanetRetail RNG research, consider the following: Growing at a rate that is 750 basis points faster than the global average, ecommerce in total will drive 46 percent of all chain retail growth through 2022; Digital marketplaces will account for 58 percent of global ecommerce sales in 2022, up from 51 percent in 2017; 42 percent of the population in developing markets will be younger than 20 in 2022; and More than 1.1 billion new users will access the internet by 2021. Through a promotional collaboration with PlanetRetail RNG, we have arranged for FMI members to receive a 20 percent discount to the popular PlanetRetail RNG Online End of Year Forum: 2018 Global Retail Outlook on Wednesday, December 6, 2017. The online forum will critically examine the drivers of change impacting the future of retail. As you prepare for the future, organizations are constantly evaluating how to identify opportunities sooner and how to respond and react to increased competitive forces. This discussion with address questions such as: How will your organization support emerging purchase destinations? How will your business use fulfilment to compete more effectively in categories where market share is under pressure from ecommerce growth? Through a blended learning program, we will examine critical topics including: What are the range of factors driving the need to reinvent stores and what are the challenges to the Store of the Future? How will you effectively execute ecommerce efforts to keep pace with your competitors? In what ways will your business expand its value proposition to generate brand and customer loyalty? To Reserve Your Spot, Register Today! To receive your discount, please use FMI as your promo code. Our FMI team will be online during the webinar to hear into organizational change decisions, examining ways to drive profits and build better business models for the future. If you’re unable to attend the webinar, we encourage you to register as the webcast will be available on-demand for all registrants following the live event. For more on how PlanetRetail RNG can help your organization, please contact John Seguin.