If 2020 and 2021 taught retailers and manufacturers anything, it’s that uncertainty is the new normal. We’ve seen uncertainty with demand, customer behavior, and the supply chain.
For retailers, the old way of dealing with demand was to buy excess inventory to fulfill stores for a given period. Now, with the impact of COVID-19 and the supply chain crisis, this strategy is unavailable. Likewise, consumer behavior has changed dramatically over the last few years, further challenging our industry’s strategies for fulfilling consumers needs.
These uncertainties within the home improvement retailing industry, however, are just scratching the surface. Now more than ever, it is essential for retailers and manufacturers to tap into the latest trends, listen to their consumers, and invest in the world of technology.
Do not miss the opportunity to participate in the 9th Global DIY-Summit 2023 and share your views on the uncertainties that are plaguing our industry.
At our event you will have the opportunity to meet with top brands and retailers, and to discuss the major trends that will be shaping our industry in 2023.