Consumers change and retailers adapt
How are retailers and consumer products companies adapting to rapid shifts in consumer behavior, omnichannel pressure, and the rise of AI?
Customer expectations are changing the nature of retail. In this episode of In the Know, Regions Bank’s Barry Bobrow helps break down what to expect in this time of rapid change.
With consumers today expecting a seamless experience across stores, online and mobile, companies need to show up and compete with a clear, consistent value proposition that’s relevant to their needs.
One big part of the conversation is how artificial intelligence is accelerating this shift. From improving operations to influencing to reaching customers, AI is becoming an essential tool. Further, a divided consumer economy means higher-income shoppers are driving much of today’s spending, making customer focus and positioning more important than ever.
This ongoing uncertainty—including other factors such as tariffs and supply chain pressures—underscores the need for agility. For business leaders, the takeaway is simple: companies that adapt quickly, invest wisely and stay aligned with the right customers will be best positioned to grow.
Listen to the full podcast to explore these trends in more detail.
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