In-Store Technology
Modern retail consumers expect brick-and-mortar stores to provide a level of service and technological sophistication commensurate with their online counterparts. However, delivering this level of service requires significant IT infrastructure to support key functions and business processes. Customer-facing technologies such as integrated point of sale/CRM, frictionless returns and exchanges, and rewards programs have become mainstream;โฆ
Weโre already into April and retailers are shelving their spring collection items fast. As the temperatures start to warm up, and as COVID-19 restrictions continue to loosen across the U.S., retailers should be preparing for a surge in in-store shopping once more. Akin to the โrevenge shoppingโ trend that weโve seen emerge during the warmerโฆ
There are few in retail circles who would argue that the role of the store is the same as it was at the start of 2020, with the retail industry (like every other on the planet) undeniably changed as a result of the global pandemic. Where once upon a time retail business models had theโฆ
Walmart and its big-box warehouse subsidiary Samโs Club are suing rival retailer BJโs Wholesale Club, accusing BJ's of stealing technology that powers a popular self-checkout option in the Samโs Club mobile app. The lawsuit, filed in federal court this week, claims Walmart worked for years to develop Scan & Go, a feature that lets Samโs Clubโฆ
On Tuesday, Whole Foods opened its first store that allows customers to skip the register entirely. The store, located in Washington, D.C., uses Amazon.com's "Just Walk Out" technology. (Whole Foods is owned by Amazon.) Customers scan their Whole Foods app, credit card or Amazon app when they enter; sensors and cameras detect what items the customerโฆ
Retail organizations must view the in-store experience as an essential investment, ranking in importance alongside cash registers, security cameras, and product inventory. In fact, Ernst & Young (EY) argues that the customer experience is the most challenging feature of retail, but also the most important. Our State of the In-Store Experience (2021) report leads usโฆ
As frictionless commerce continues to grow in popularity, retailers are identifying how to integrate the innovative technology into their overall business strategy. To do so, they must determine whether to evolve existing solutions or revolutionize existing processes to keep up with competition. While there are benefits to both approaches, there are three key considerations retailersโฆ
If the last two years have taught retailers anything, it might be that workforce trends can be just as unpredictable as consumer trends. The industry has always faced challenges in hiring and retaining talent, but the current labor shortage is nearly unprecedented. Workforce struggles paired with customers who are generally more finicky and impatient areโฆ
There were a host of difficulties plaguing retailers this past holiday season, including inventory shortages, production issues and shipping constraints, to name a few. The most notable shortage, however, was on the labor front. As of July 2021, the number of retail job openings peaked at 1.2 million, compared to 876,000 during the same periodโฆ
Kick off the holiday season with Sensormaticโs annual retailer holiday guide which reveals how consumers will shop this holiday season.