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Manhattan Associates

Redefining retail

February 2023
Research parameters
Topic:
Customer experience
Countries:
US, Mexico, Brazil, UK, Germany, France, Netherlands, Belgium, Italy, Spain, Australia, New Zealand
No. of interviews:
6,000 consumers and 1,500 retail management
Methodology:
Quantitative
Respondent profile:
Consumers aged 18+ and senior management across retail stores which generate at least $100 million in annual revenue

Brief

Manhattan wanted to explore a consumer shopping experience. Consequently, this was researched by understanding consumer sentiments and attitudes towards the role of the physical store and role of store associates. A store associate is a key person who interacts and engages with customers, providing relevant product insight and helping the customer through the purchasing journey.

Additionally, the piece of research also looked into current and future fulfilment options, sustainability, inventory, convenience and more. The consumer data was compared against retail management priorities and outlooks to be able to answer the unknown; what do consumers want from their shopping experience, and what are retailers providing?

Solution

Vanson Bourne created two quantitative surveys, one asked to retail management, and one to consumers aged 18 +. There was overlap between the questions which allowed a narrative exploration of what do consumers want when shopping – advanced checkouts, real-time inventory, delivery to home address? – and how does this relate to managements priorities and outlooks over the next 12 months.

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Outcome

A global report was created with Manhattan, splitting the findings into three key sections (1) the evolving role of the store associate, (2) The Digital Store 2.0, (3) Preserving planet and pockets. Additionally, subsequent market reports were also created, and are being developed and released currently (May 2024).

Read the 2023 report

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Key findings

26%
of retailers in 2023 said upgrading technology and getting a modern point of sale (POS) system is one of the top three business priorities over the next 12 months
84%
of consumers are researching online ahead of visiting a store
89%
of consumers adapt their behaviours in response to the rising cost of living
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