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
According to this Technology Org article, “…retail’s future lies not in retreating before e-commerce but in becoming more responsive, efficient, and data-driven than digital-only channels.” With the support of IoT technologies—such as electronic shelf labels, connected sensors, and real-time data platforms—retailers can improve in-store efficiency.
The role of physical retail continues to change, by evolving into connected spaces that blend technology, operations, and human interaction. According to this Forbes article, the winners will be “…the retailers that stop treating the store as an old cost center and start running it
A recent report shows that many retailers are having a hard time adapting to fast-changing technology trends. According to this MarTech Cube article, “54% of North American retailers surveyed say they can’t keep up with the pace of technology change, while 49% say they struggle to
Many high profile retailers have recently rolled out RFID technology to improve inventory accuracy levels. According to this RetailWire article, the “[a]doption of RFID on selling floors has been increasing as costs have come down for RFID chips and readers, as well as due to mandates