Retail Gets Real

As the next generation of consumers comes of age, it’s important to look at the habits of Gen Z, commonly referred to as the digital native generation. Katherine Cullen of the National Retail Federation's research team shares some recent data on what to expect from this group of young people. They are the first generation to truly grow up completely connected—not only with the internet but with smartphones and social media as well. They are ahead of the curve when it comes to adopting new technology and they are quickly becoming the experts of new tools and channels. Find out how their shopping habits—and their use of technology—affects retailers of the future.

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Gen Z and Millennials get all of the attention, but there are some interesting trends emerging in how Boomers have adjusted their shopping habits due to the pandemic. Katie Jordan from the NRF research team shares some recent data about how that generation is shopping today. Unlike millennials and Gen Z, Boomers aren’t known for being tech-savvy. But with social distancing mandates, they have been forced to move more of their lives online. This has resulted in a large boom in the use of online shopping, curbside pick-up, contactless pay, and more.

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It's back-to-school time, but not like we’re used to. Confusion about what school looks like this year also means uncertainty around back-to-class shopping. NRF’s Katherine Cullen talks about how implications of the pandemic are impacting family budgets, how retailers are adjusting their back-to-school shopping experience for online shopping and how kids are contributing to their own school shopping.

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Eric Kinariwala, the founder and CEO of Capsule shares how the business is designed to improve the pharmacy experience, how it’s growing rapidly to meet the health needs of customers, and how the pandemic has impacted its business.

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SKDKnickerbocker consultant and media strategist Bill Knapp describes how the issue of requiring face coverings became a contentious one and shares what messaging resonates best when communicating safety policies with customers.

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Ramunda and Derrick Young run MahoganyBooks, an independent bookstore specializing in African American literature that operates online and from its Washington, D.C. location. In this episode, the Youngs share how they’ve navigated the pandemic as a small business and the recent surge in demand for books about the Black experience and racism following global protests against racial inequality. Learn more at retailgetsreal.com.

Sarah Friar, CEO of the social networking platform Nextdoor, shares what retailers can learn from how people are engaging on the app, whether it's offering a helping hand, supporting a local business, or fostering community.

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How are current crises and the cultural environment impacting shopping behavior? Rachel Bonsignore, a senior consultant at GfK Consumer Life, says now is a critical time for companies to make their values clear in an authentic way as shoppers are more savvy than ever.

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Throughout the last few months, Sam's Club has been innovating at a rapid pace, offering new tools to help customers and associates fulfill their needs and maintain a high level of service during very difficult times. Eddie Garcia, senior vice president and chief product officer for Sam's Club discusses how the company is adapting to members' needs, and what he expects will continue to change when the pandemic is behind us.

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Karl Haller, the leader of IBM's Consumer Industry Center of Competence, who has been checking the consumer pulse regularly during the pandemic shares the most important things for retailers to know about consumers right now.

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