Staying Competitive in Retail: Future Success Tied to Adoption of Innovative Tech

January 12, 2024
Gabrielle Bar

 

In the rapidly evolving retail industry, a wide array of innovative tech is reshaping the landscape, marking a significant transformation in both the shopping experience and the operational aspects of businesses.

This video from Datascan, explores a range of innovative technologies transforming the retail industry. It delves into the use of RFID for efficient inventory management, the application of Augmented Reality (AR) for virtual try-ons, the role of Artificial Intelligence (AI) in creating personalized shopping experiences, and the development of smart stores equipped for cashierless checkouts. These technological advancements are crucial for retailers to stay competitive and meet the evolving expectations of consumers in the retail sector.

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