Retail is undergoing a period of rapid evolution, and much of that change is being introduced by new players in the market. Check out these 10 retail startups RIS believes are having the greatest impact on the industry thanks to their unique business models and/or novel use of technology.
A consumer survey conducted by Radial shows that e-commerce marketplaces are impacting global online shopping trends. Sixty percent of shoppers report that purchasing products at the lowest price is most important and over half now expect free shipping.
What’s possible for true transformation to the smart, connected store of the future? It’s a culture that combines investing in the cloud, innovating the customer experience and driving results through data.
Customer’s thirst for instant gratification, mixed with the convenience of online shopping has given rise to buy online, pickup in-store. By implementing smart pickup lockers, retailers can take the service to the next level and further differentiate from the competition.
Disruptive change was the clear focus of the just concluded GroceryShop event in Las Vegas, where grocers and food brands caught up with the latest innovations in artificial intelligence, computer vision, robotics, machine learning, voice command and autonomous delivery.
By building and centralizing its data platform, Gap can now apply advanced analytics and machine learning to gain a comprehensive understanding of customers across channels, and deliver personalized merchandising, marketing and customer service.
The nation’s largest provider of hospital gift shop solutions has selected Mi9 Retail for merchandising, business intelligence, and customer engagement to support its retail technology transformation initiative.