Many retailers are pushing ahead through these challenging times and planning for the future with innovative ways to offer their products and services.
Retail technology is becoming increasingly important due to a number of challenges faced by the industry, including inflation, sluggish sales, and declining margins. Shoppers may also be hesitant to return to physical stores, which means retailers must rethink their approach and implement omnichannel systems to stay competitive.
Your brand loyalty is being tested as product availability guides purchase decisions, however with the right tools you can easily pivot and capture valuable sales without interruption.
The temporary closure of brick and mortar stores has driven the popularity and necessity of online shopping to levels not seen previously, and exposed weaknesses in the supply chain.