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Future fantasies: a social change perspective of retailing in the 21 century
Authors:Stacy L Wood
Institution:a University of South Carolina, Division of Marketing, Columbia, SC 29208, USA
Abstract:Experts expect great retailing changes in the next ten years. What do consumers expect? With increasing innovation in retail technology and the large-scale implementation of e-commerce formats, shifts in consumer behavior can be categorized as social change. Sociologists have long studied the interaction of social change and technology, focusing on society members’ characteristics to help predict the future. One characteristic of enduring influence is age. In this research note, we consider consumer expectations regarding the evolution of retailing, with an emphasis on expectations of social change and the variance of such expectations by age cohort.
Keywords:Consumer expectations  Social change  Cohort effects
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