Wellness as luxury. Amazon supports startups. Stores as a platform. These were some of the top trends seen by The Fung Global Retail & Technology team at the 2017 National Association of Chain Drug Stores [NACDS] Annual Conference in Scottsdale, Arizona this week. Here, the Top 10 takeaways from the event, according to Fung Global Retail & Technology:
- The store of the future will build a sense of community
- Building Social: A startup that builds on the concept of community
- Stores as a platform
- Wellness: The new luxury
- The CMO’s role is increasingly complex
- A growing senior population underpins demand for higher healthcare spending
- Amazon is curating and supporting startups with Amazon Launchpad
- Mobile is underdeveloped as a channel
- Virtual reality [VR] gains traction in 2017
- One word sums up the sentiment at NACDS: Overwhelmed
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