In 2025, global retail was defined by “resilience, transformation and divergence”, according to Colliers’ Global Retail: 2025 Trends & 2026 Outlook report. Across all markets, Colliers notes the emergence of three key themes: the deepening integration of digital and physical retail, the rise of value-driven shopping as consumers navigate higher costs, and the increasing influence of Gen Z in shaping brand engagement and purchase decisions.