The Future of In-Store Technology for Retail…
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 more likely to succeed.”
Retail Technology Predictions for 2024…
According to this Forbes article, “…this will be the most tech-forward year yet in retail—but only if retailers take advantage of what’s out there.” It’s evident that in-store retail technologies are steadily advancing each year. From the expansion of in-store digital technologies and hyper-personalization in customer service to advanced payment methods and virtual fitting room […]
Verkada Helix Combats Fraud for Retailers…
Retailers, did you know there is a new way to help prevent fraudulent chargeback? Well, according this Verkada blog, “[w]ith video evidence supporting transaction records, businesses are in a much stronger position to dispute fraudulent chargebacks.” In addition, Verkada Helix “…offers physical retail spaces a number of proof points in chargeback investigations and proactive defense.”
Takeaways From NRF 2024…
Based on observations at NRF 2024, artificial intelligence, autonomous platforms, and loss prevention advancements are among the solutions that will pave the way for seamless retail operations, according to a recent Convenience Store News article.
Technologies Bringing Retail into 2024
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…
RFID Technology, Touted by Retailers and Vendors…
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 tried-and-true way to understand loss in stores.”
Verkada Command Incident Management
Verkada recently released Incident Management, a new tool in Verkada Command, designed to streamline investigations and simplify reporting. Verkada’s blog states that it allows users to consolidate incident-related footage, quickly extract key information, automate incident reporting, and more.
Retail Predictions for 2024…
Over the past few years you’ve probably heard retail tech terms like “…buy-online-pickup-in-store, personalization, and contactless payments.” However, going into 2024, there are new technology predictions for the retail industry.
Retail Technology Innovations…
According to this International Supermarket News article, “…innovations are poised to shape the shopping experience in 2023 and beyond,” and “Retailers that embrace these technologies will not only meet the changing demands of consumers but also…
Retailers Rely on LP Technology…
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.”
4 Ways IoT is Helping Retail…
According to this BizTech Magazine article, “A lag in supply chain innovation can lead to costly delays and stock shortages, but the Internet of Things provides retailers with a potential solution.”…
The Future of Retail: Top 6 Retail Technology Trends…
Apparel Retailers: Contemplating a digital fitting room? According to this G2 article, “[s]hoppers can scan the tags in fitting rooms and get product details like size and available colors on a smart screen.” See how forward-looking retailers are…
