Decoding the Future of Retail: What Does the Future Have in Store for Retailers | Infiniti Research
Aug. 22, 2018
LONDON--(BUSINESS WIRE)--Aug 22, 2018--Infiniti Research, a world-renowned market intelligence solutions provider, has announced the completion of their latest article on the predictions transforming the retail industry in 2018.
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Into the Future of Retail - What Shopping in the next Decade Will Look Like (Graphic: Business Wire)
With the retail industry’s steady relocation to platforms other than brick and mortar, and the modern developments in retail trends, it looks like the future of retail is all set to reveal a set of new tech trends. These promising innovations in technology will turn the tables for the customers’ ease of shopping and transform their whole shopping experience. The consumer retail trends are already changing rapidly and are prompting several retailers to quickly tap the changing needs and act consequently. Also, the retail industry is going through an important change as players in this sector are finding new ways to use data and intelligence.
Predictions for the future of retail:AR powered shopping decisions: With technologies like AR and VR influencing the future of retail, you wouldn’t have to leave things to your imagination anymore. Actually, AR (augmented reality) helps you use a clever mirror or screen to visualize the piece of furniture in the store in the room where you want to put it in your house. This progressive technology will also allow customers to see how clothes would look on them without having to really do multiple trials of garments. To know more about our portfolio of market intelligence solutions, Personalized store experience: Retailers are now considering ways to use beacons, IoT devices, and mobile apps to more personalized experience to users. These devices will be used to endorse and help customers to find the products that would best suit their taste and needs. This is one of the retail trends that are sure-shot at gathering increased customer loyalty and satisfaction. The use of such devices will be an important part of the future of retail. To know more about our portfolio of solutions, Robots to restock shelves: Quick restocking is one of the main issues that retailers face as it becomes hard to endlessly monitor retail shelves, particularly in the case of big retail stores. The future of retail is determined to eradicate such problems with the retail trends such as the use of robots. These robots travel through the passages checking for misplaced items and vacant shelf space. They then alert employees to order more. , to know more about the predictions transforming the retail industry in 2018
Infiniti Research is a global market intelligence company offering strategic insights to help look beyond market disruptions, study competitive activity, and develop intelligent business strategies. Listed below are the predictions transforming the retail industry in 2018.
View the complete list of the predictions transforming the retail industry in 2018:
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.
With 15+ years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.
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SOURCE: Infiniti Research
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PUB: 08/22/2018 08:36 AM/DISC: 08/22/2018 08:36 AM