Remove Checkout Remove Consumer Remove Inventory Management Remove Loss Prevention
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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

With increasing popularity among consumers, BOPIS ‘success last year just accelerated what was already happening. At checkout, the shopper would have multiple fulfillment options to select from – including BOPIS. BOPIS allows consumers to collect more information so they can make better decisions.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

Online Retail: Personalization, Chatbots, and Predictive Analytics In the e-commerce landscape, AI has played a pivotal role in creating personalized shopping experiences for consumers. Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

According to Digital Commerce 360 , American consumer online spending in 2020 increased 44% to $861 billion. While pandemic-era safety concerns contributed to this growth, the selection and convenience that online shopping offers to consumers are the primary drivers. Online sales now account for more than 20% of total retail sales.