According to this Robin Report article, “…digital end cap displays are generating 37 percent higher engagement rates than traditional signage.” The decline of the traditional end cap isn’t solely tied to technology, but has more to do with the data behind digital end caps. “These
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 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…”
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
As retailers look for faster, safer, and more reliable ways to connect their technology, 5G is emerging as a key driver of digital transformation. According to this Inseego article, “The technical superiority of 5G networks makes them ideal for the retail industry’s digital transformation.” Additionally,
Retailers are now seeing mobile point-of-sale as more than a convenience, but as a key driver for updating their in-store technology. In this Retail TouchPoints article, Nikki Baird of Aptos observed that retailers are “finally investing in
As travel retail becomes more competitive, businesses are turning to smarter technology to improve the customer experience. According to a recent Commercial Integrator article, “[i]n the fast-paced world of travel retail, every second matters. Technology can no longer be just functional. It must be useful — and
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.”