Retail doubles down on tech …
A recent survey found retail executives expect technology investments to increase by an average of 10% this year. [Chain Store Age]
Let’s take a look at:
🛍 5 types of technology that are popular in retail this year
🛍 Which retailers and brands are adopting innovations
🛍 Why companies are investing
Overarching themes you’ll notice among the 5 retail tech trends include:
📈 Investing in growth
💰 Driving new efficiencies
🛡 Strengthening loss prevention
💡 Uncovering new operational insights and visibility
😍 Continuously improving for a superior customer experience
What retail tech trends would you add?
Sources:
Amazon.com, Chain Store Age, CNBC, CX Today, Forbes, GeekWire, Interactive Advertising Bureau (IAB), Insider Intelligence, Modern Retail, Packaging Europe, Retail Today, RIS News
Related:
AI in Retail
Social Shopping Evolution
Social Commerce is the Future of Retail
Latin America E-Commerce Explodes
Amazon’s Just Walk Out Tech Takes Off
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