CHPTA Program Partner Krunchbox have officially published their highly-anticipated 2022 Retail Trends & Disruptions Report. In this report, Krunchbox highlight new retail trends and disruptions that suppliers faced over the past year, and the measures some have taken to help mitigate risks and optimize retail sales.
Here are some highlights:
- 80% of respondents revealed that their YoY sales were either higher or stayed the same, despite shifting consumer habits and supply chain issues.
- 68% of product suppliers increased inventory levels overall in order to improve fill rates with retailers’ orders.
- 43% of respondents expect Brick & Mortar to be the highest growing channel in 2022.
If you haven’t read the report yet, here is the link: https://go.krunchbox.com/2022-retail-trends-and-disruptions
In today’s retail environment, businesses need to stay agile and make intelligent, data-driven decisions. As part of CHPTA’s ongoing effort to help members gather better data and uncover greater insights, we are pleased to have partnered with Krunchbox, a simple to use, cloud-based business intelligence tool designed to help vendors and their retailers collaborate around point-of-sale (POS) data and make more effective inventory decisions.
Click here for more information on how Krunchbox can be of benefit to your company.