The takeaways

Why do big players like Amazon fail in the Chinese market? Where does a human workforce create added value for customers? How can stationary retail continue to function in the future? - These were questions asked by retail experts at GDI’s 69th International Retail Summit.

takeaways from GDI’s 69th International Retail Summit

![GDI’s 69th International Retail Summit TAKEAWAYS

The theme: More Retailing, Less Retailers: New purpose in a new ecosystem

The mechanics of retail are simple: procure goods cheaply and place them on the shelves with a decent margin. But the ecosystem of consumption and value add are being reconfigured, and roles are changing. Fewer retailers are needed, and time comes before space in the always-on world; the right product must be available in the right place both faster and more agile. This means retailers must acquire new skills or enter into innovative partnerships. An entrepreneurial – not managerial – attitude is required. The retail world of tomorrow belongs to those who take initiative.

The 69th International Retail Summit at GDI will tackle the following questions:

• Convenience and sustainability: full stomach or morals first?
• How can we create customer relationships in an era of total digital transparency?
• What do fragmentation, niches and small volume mean for traditional retail?
• What will brands provide in the new ecosystem?
• Location, location, geolocation – what role does physical location play?
• Which technology trends are actually relevant?
• ... and, once again: what exactly will we need retail for in the future?
• The power play between retail and industry is replaced by cooperation.

more information on 69th International Retail Summit