The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.Learn More
We are proud to announce that Michelle Grant, Head of Retailing Research at Euromonitor International, has been named to LinkedIn’s 2017 Top Voices in Retail list! See some of her top articles and quotes in the list below.
“Download What’s New in Retail: Emerging Global Concepts in 2017, to discover what Euromonitor International analysts identify as the top concepts seen across the globe within four categories: grocery, non-grocery, non-store and digital.”
“The partnership announced today between Google and Walmart is the strongest step yet to prevent Amazon from becoming the dominant voice platform in people’s homes. It’s a win-win for both companies: Google supplies the infrastructure while Walmart supplies the products.”
“Grocery is the largest consumer category in the US and it enjoys a high purchase frequency. Amazon has always had an eye on grocery for these reasons. It can’t be the “Everything Store” without being dominant here.”
“Online grocery, especially the purchase of food and beverage products, faces an uphill battle in the US. Consumers tend to prefer the store experience, especially to inspect the fresh products.”
“Marketplaces, digital platforms that are open to 3rd party merchants, have steadily increased their share of global digital commerce. In 2007, only 10% of digital sales went to the 3rd party merchants listed on a marketplace. Steadily, and perhaps stealthily, the figure climbed to 35% in 2016, according to Euromonitor International. Retailers around the world are now reckoning with this new normal in digital commerce.”
“This is how Amazon operates,” said Michelle Grant, head of retailing at Euromonitor, a market research firm. “It’s all about speed, speed, speed.” (New York Times)
“For example, Unilever might buy store sales data to figure out which products are in high demand and when people buy them. (Ms. Grant says that when retailers sell data, it’s anonymized and not linked to individual consumers.)” (Wall Street Journal)
Lore used to work at Amazon, which acquired an earlier business of his, Quidsi. And the 45-year-old is seen as a visionary in the field, said Michelle Grant, an analyst at Euromonitor International.
“Marc Lore is the second-smartest person in e-commerce behind Jeff Bezos,” she said. “He relishes the challenge of taking on Amazon.” (Bloomberg)
“Its move into private label signals that it’s working to make its retailing business more profitable,” says Michelle Grant, head of retailing at Euromonitor. “It’s not going to leave money on the table if it can be successful, especially when Amazon has more control over the distribution and shipping of these products.” (Financial Times)
“Certainly the social aspect of it, to be able to demonstrate to your circle of friends your own identity and creativity through a product, is very powerful,” said Michelle Grant, head of retailing at Euromonitor International. “Younger generations have grown up with that mentality of ‘be who you are, be an individual,’ which definitely translates now with technology and companies embracing that kind of openness, allowing [customers] to customize things in the way they see fit in order to stand out.” (Women’s Wear Daily)