According to a recent Business Journals article, “[f]uture success for retailers will be determined by the experiences they can provide customers and employees.” In addition, many IT professionals believe “[o]ne of the key enablers of these experiences is Internet of Things (IoT) technology.”
According to this SDC Executive article, “[l]abor shortage is a pressing concern for the retail industry.” However, “[b]y leveraging innovative technologies such as mobile POS and RFID, brands can significantly improve their operational efficiency and empower their staff to serve more customers in less time.”
According to this TRB article, “Retailers require creativity to be one step ahead of everyone and to survive in a dramatically changed global scenario.” In addition, “Companies that experiment with technologies to determine which ones improve operational efficiency and which improve the customer experience are
According to this Bain & Company’s article, “[t]echnology modernization is one of the hardest items on the executive to-do list in retail.” In addition, “…what differentiates tech leaders in retail is their understanding of the strategic importance of technology, which pervades their businesses.”
According to this BizTech Magazine article, “Retailers are striving to make 2024 the year for frictionless shopping.” And “[t]o do that, they must incorporate the latest technologies that people need to do their jobs…”
According to this Sourcing Journal article, “More than half of all U.S. consumers (51 percent) say convenience is a positive of shopping technology…” and “Another 46 percent say retail tech makes it easier to find the clothing they like, and…
Did you know that RFID “… is not new technology — its origins go back to World War II — but RFID has become a bigger tool in retailers’ toolboxes when it comes to merchandise visibility…” According to this ModernRetail article, “…it has become a
According to this Apparel Resources article, due to organized shoplifting and theft in retail, “Businesses have been reducing operating hours, locking up items and threatening to shutter stores completely.”
Fitting Room Technology Installations Touching, feeling, and trying-on items is the #1 driver for store traffic. Unfortunately, most stores are blind to the critical data that lies beneath this important customer behavior. Crave Retail has the solution… With Crave Retail’s smart fitting room technology, increase
According to a recent HFA article, “RFID technologies help retailers improve revenue and cost performance via better shrinkage reduction, more accurate inventory management (potentially reducing the number of out-of-stock occurrences), and lower labor costs.”
Today’s retail stores are changing fast, as new technologies reshape how people shop and how businesses operate. According to a recent article by Retail TouchPoints “[r]etail is evolving rapidly, and the integration of digital signage with the Internet of Things (IoT) is opening up new
5G technology isn’t just a buzzword anymore—it’s becoming a key driver of business success, especially in the retail industry. According to this Technology Decisions article, “[s]ince 5G first debuted in the late 2010s, it has gone from ancillary technology to a vital link that powers
