Businesses keep evolving. This is evident across all sectors and retailers have not been left behind. For example, retail stores as we know them today did not exist in the past and are unlikely to exist in the future. Globally, the retail sector continues to advance. It is a sector that is expected to have a bright future given its important role in the life of every human being. In Kenya, the retail sector has made major milestones. Unfortunately, the sector has also failed to live up to expectations. We have witnessed the leading retailers come down crumbling. Will there be a new dawn for the retail sector in Kenya? Here are key trends that are influencing the retail globally and which will play a key role in determining the future of retail in Kenya. Smaller Neighbourhood Stores When mega stores were introduced, they were a big hit. Customers could shop for everything needed under one…
robertSeptember 29, 2017