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.”
Escaping Technology Complexity in Retail
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.”
The Technology Retailers Need…
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…”
Buying Digital Signage Hardware
When it comes to digital signage, the options are endless, which can complicate decision-making for IT professionals. According to this Digital Signage Today article, “the sheer volume of hardware options can be overwhelming.” And, “The variety of LED or projection displays, combined with the variety of player options (system on a chip and cloud-based or […]
Customer Communication and IT Best Practices…
According to this Tech Republic article, “On Feb. 22, more than 73,000 AT&T customers in the U.S. reported a network outage lasting more than eight hours.” So, what can IT professional learn from their network outage? “The AT&T outage emphasizes the importance of testing backups, redundant systems and emergency preparedness plans.”…
Digital-Signage: The Future of Retail…
It’s no secret, digital signage has garnered a lot of popularity over the past few years. But, why are so many companies suddenly depending on it? According to this Innovation & Tech Today article, “Digital signage is not just another blip on the tech radar; it’s reshaping how businesses and customers dance together…”
Loss Prevention Driving Retail…
According to this Retail Customer Experience article, “92% of retailers say improving loss prevention is an important driver of their store technology strategy, up from 52% just a year ago.” And that “Almost all (98%) of business executives and 85% of IT executives cite loss prevention as the most important outcome for investments in store […]
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.”
Store Design Trends…
According to this Retail Innovation Conference & Expo article, “…consumers have been clamoring for immersive and engaging physical brand experiences.” But, “…brick-and-mortar strategy requires careful thought and attention to detail.”
