Over the years, the retail industry has been lush for an overhaul, specifically, E-commerce and online shopping. Even before the Corona pandemic hit, the retail space was continuously evolving and revolutionizing its operations. The pandemic revved up the move to digital shopping by around five years. Potential customers now favor the convenience of online shopping over … [Read more...] about Virtual and Augmented Reality Will Reshape Retail
retailers
Itemised Data – a Rare Resource with Powerful Assets
Living standards have taken an enormous hit amid the cost-of-living crisis - in Britain, they are set for the biggest fall in over 60 years, according to the OBR. Reversing more than a decade of recovery from the last global recession, household incomes are set to plummet by a daunting 7% through 2025, coupled with significant inflationary pressures and massive hikes in utility … [Read more...] about Itemised Data – a Rare Resource with Powerful Assets
The Future Of IoT In The Retail Industry
The sudden change from last year till this moment has been an unprepared revolution for every business including the retail sector. And the probability that your business will survive now and in the future depends on how you can quickly adapt and flow with the new trend in technology. Globally retailing is facing severe changes which can be partly explained by the events … [Read more...] about The Future Of IoT In The Retail Industry
How To Leverage Digital Price Tags In Your Retail Stores?
The immense popularity of online shopping and e-commerce has significantly challenged offline retail stores to quickly adapt to the evolved shopping benchmarks in a pandemic-hit world. Consequently, brick-and-mortar retail stores are revitalizing themselves with sophisticated technologies and adopting tools such as digital price tags, also known as electronic shelf labels … [Read more...] about How To Leverage Digital Price Tags In Your Retail Stores?
A Tech reboot: why are fashion companies building their in-house analytics competencies?
Unless you are the Kardashians, you understand your family better than an outsider. You know exactly what the business needs at a given time as opposed to a hired hand. When an activity is outsourced to an expert' outside the organization, they tend to make decisions without taking the business context into account. For example, a particular store might have lower sales … [Read more...] about A Tech reboot: why are fashion companies building their in-house analytics competencies?
