Retail's next advantage isn't more technology. It's making what you already have work.
Across AI, omnichannel, personalization, supply chain, retail media and loyalty, the same pattern keeps appearing. Retailers are deploying technology faster than they are embedding it.
Our Retail trends report 2026/2027 explores where that gap is showing up, what it means for retail leaders and where execution will matter most.

The biggest gap appears after launch
Retailers have spent years building the visible layers of modern retail, from apps and AI capabilities to omnichannel journeys, loyalty platforms, automation and new digital experiences. The harder work starts when those capabilities meet real customers, real volume and real disruption.
Across the 10 trends in this report, the same pattern appears repeatedly. Technology is being deployed faster than it is embedded, connected and continuously evaluated. We call this the operationalization gap.
Closing it is becoming increasingly important to growth, margin, customer trust and resilience.
Three numbers shaping the retail agenda
90% vs. 7%
90% of retailers plan to increase AI budgets in 2026, yet only 7% have fully scaled AI across the business.
Sources: NVIDIA and McKinsey
7 in 10
Nearly 70% of retail executives see the shift toward value-seeking as permanent rather than cyclical.
Source: Deloitte
$849.9 billion
Estimated value of US retail returns in 2025, with online return rates still well above in-store.
Source: NRF
Five shifts changing where retailers compete
Across the 10 trends, five broader shifts stand out for retail leadership teams.
AI spending is racing ahead of AI scale
Investment is accelerating across personalization, associate-facing tools and agentic AI. Scaling those capabilities reliably is proving harder.
As AI moves deeper into day-to-day retail operations, strong data foundations, governance and continuous evaluation will matter as much as the models themselves.
Value-seeking has become structural
Value-conscious behavior is no longer confined to periods of high inflation or to grocery. It is showing up across apparel, beauty, electronics, resale and other categories.
Price remains important, but customers increasingly judge value through assortment, transparency, convenience and the ease of the overall experience. Competing on price alone risks eroding margin without strengthening the customer relationship.
Omnichannel failure is becoming a trust problem
Most retailers already have the major channels in place, including eCommerce, apps, stores, loyalty and multiple fulfillment options.
The harder part is making them work together consistently. Customers expect accurate stock, consistent pricing, working promotions and joined-up service regardless of channel. When those connections fail, customers do not see a systems problem. They see a retailer that did not deliver what it promised.
Retail media and loyalty are becoming data infrastructure plays
Retail media, intelligent loyalty and advanced personalization offer significant growth potential, but all depend on many of the same foundations.
Connected customer identity, accurate product information, real-time signals and measurable outcomes determine how far these models can scale. The sophistication of the customer experience can only go as far as the data underneath it.
Supply chain advantage is moving from visibility to anticipation
Retailers are managing disruption from trade policy, tariffs, logistics, weather, supplier instability and geopolitical events.
Visibility tells teams what has happened. The next step is connecting signals early enough to understand what is changing, assess the likely impact and respond before disruption reaches the customer.
What do these shifts mean for you?
Talk to our retail team about how these shifts are showing up in your organization, where the biggest operational gaps may be and what to prioritize next.
The 10 trends behind the operationalization gap
The operationalization gap takes a different form across retail. Here is what is changing, where leaders should focus and how some of these shifts are already playing out in practice.
The AI adoption gap is widening
Fraud and trust are the hidden cost of agentic AI
The value-seeking consumer is a permanent shift, not a cycle
Omnichannel is still unfinished business
Personalization at scale is still falling short of expectations
Supply chain resilience is being redesigned from scratch
Returns are still retail's unfinished journey
Retail media networks are becoming a major revenue line
Loyalty and subscription models are evolving beyond points
Physical retail is holding its own, but underinvesting in discovery
Different challenges. The same underlying problem.
In AI, the gap can show up as a model that is no longer performing as intended. In omnichannel, it appears when channels fail to work together. In loyalty, it is often fragmented customer identity. In supply chain, it is the inability to turn disconnected signals into timely action.
The specific issue changes, but the underlying challenge is consistent. Technology needs to keep delivering after launch, under real customers, real volume and real operating conditions.
A useful test is to ask two simple questions of something already live, whether that is an AI model, an omnichannel journey, a loyalty program or another digital experience.
- Does the technology continue to deliver once it is in production?
- When was it last evaluated against the outcome it was built to deliver?
Explore the full report
The Retail trends report 2026/2027 goes deeper into the research, supporting evidence and examples behind the 10 trends shaping retail into 2027.
CASE STUDIES
related insights
What comes next for your business?
If you’re looking at how to respond to these shifts, close operational gaps or get more from existing technology investments, our retail team can help. Tell us where you’re focusing next and we’ll get in touch to continue the conversation.








