AI-powered stores are now the future of shopping, the ultimate benefit being to save costs on staff, reduce unnecessary discounts, reduce waste, and encourage further sales. But what is the impact of such efficiencies on shoppers – and are these changes always welcome from a customer’s perspective?
Festival season is a buyer’s market for fashion-forward Indian consumers, with much of the spending on textiles, garments, and jewellry. International brands are taking notice of the growing appetite of India’s affluent classes for luxury and responding with collections to satisfy their tastes.
Lunar New Year has varied celebrations across Southeast Asia, though a focus on food, reunions, and prosperity traditions are common. E-commerce plays a vital role in shopping surges, with Gen Z emerging as a pivotal market in the region, leading the evolution of consumer behaviour.
New data from the Bank of England shows that UK consumer credit borrowing grew at the fastest rate for five years in November. Elsewhere, there is evidence that more Britons are turning to credit cards to pay for essentials such as food. What’s behind this uptick in borrowing?
Despite the omnipresence of online retail, where everything can be purchased in a couple of clicks, people continue gravitating to brick-and-mortar locations for certain products. Canvas8 spoke to seven people across the US about what encourages them to take a trip to the store.
Despite online shopping proliferating in people's lives, many Britons are being drawn back to brick-and-mortar stores for a more sensory and considered shopping experience. Canvas8 spoke to six people across the UK about why they prefer IRL retail during the cost of living crisis.