Inevitable Change for Retail

I’ve spoken about it before but we are now more then ever immersed by technology, how we go about our every day business is completely different to how we would of done it a decade ago. We are forever changing and adapting especially for the young generation. The article Change for the Better is a perfect example of how traditional retail shops need to keep up with the change around them.

One thing that is changing in retail is more shopping is done online, I know for myself that I shop more online then do in stores. I have a few reason why I do this. 1. I want things that I can’t get in Australia. 2. Most sites have free shipping. 3. The Aussie dollar is pretty good at the moment. 4. Generally its cheaper for me to buy internationally even if I have to pay for shipping (take for example my pair of J brand Jeans – I can buy them in Sydney at David Jones for nearly double the price then I can get them on Shopbop for with free shipping). There are other reason why I shop online but the main ones I listed.

The article is great as it compares The OrotonGroup and David Jones. The OrotonGroup is a perfect example of moving forward and not letting the inevitable change of competition and technology disadvantage it. David Jones however is making excuses for not doing well – my belief is move on, except that change is unavoidable and how we shop is different. Take action and make ways to improve and get people into your stores if business is slowing down.

The New Retail Blog is simple and straightforward. The article is set out nicely and is easy to read. I would like to see some links on the page to the suggested articles that the author read if they were available online. The article is very relevant to what’s going on right now. There has been constant talk on the news about the change of traditional retail stores. Its great to see people commenting on this topic because it will gradually start retails to change and compete with online stores. I know that if Australia stores lowered prices to that of the same as online retails I would buy it in the store.

What is your opinion on this? How do you shop?

Online News Article:

http://www.newretailblog.com/change-for-the-better/

Other interesting Articles:

http://www.newretailblog.com/the-fun-theory-changing-peoples-behaviour/

http://www.thefuntheory.com/