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What is the Future for your Local Shop?

Will they become showrooms for products whisked to your door, or will they shut down and become restaurants?

As the might of online shopping platforms such as Amazon and Alibaba grows, how can shops in your local mall compete? Will they become showrooms for products whisked to your door, or will they shut down and become restaurants?

The Βι¶ΉΤΌΕΔ's Ed Butler visited Hangzhou and London's Oxford Street to find out. Doug Stevens, a retail expert explain the challenges, as does Will Higham, founder of analytics firm The Next Big Thing, which advises the likes of Amazon on future shopping trends. Angela Wang from the Boston Consulting Group says one of the latest big things in online retailing in China is speed of delivery.

(Picture: Christmas decorations outside a shopping mall in Hong Kong; Credit: Philippe Lopez/AFP/Getty Images)

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18 minutes

Last on

Mon 9 Apr 2018 07:32GMT

Broadcast

  • Mon 9 Apr 2018 07:32GMT

Podcast