Check out Cascadia's 2H-2024 Retail Technology Industry Update, packed with insightful analysis and the latest trends in the industry. From macroeconomic shifts to the impact of nascent technologies, this report offers a comprehensive look at the retail tech landscape. 🔗 Click here to download the report: https://lnkd.in/g44pZc3u Key Highlights: ----> 📈 Macroeconomic Outlook: With US interest rate cuts on the horizon, we're seeing positive signs as inflation improves and the labor market softens. ----> 🛒 Retail Market Growth: The retail technology market is set to reach a staggering $47.0B by 2030, driven by ongoing digital transformation. ----> 💻 Emerging Trends: Generative AI, shifting consumer behaviors, and increasing competition are reshaping the future of retail technology. ----> 🤝 Transaction Activity: M&A volumes rebounded in 1H 2024, with a slight uptick in capital raises—potentially signaling a market recovery. If you’re interested in discussing these trends, the current market conditions, or your business’s strategic goals, let’s connect! Reach out to Teague Collins or Nikko Hellstern.
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Unlocking the power of Artificial Intelligence Cited as one of the top 3 opportunities for Retail in 2024 by Deloitte in their Global Retail Outlook 2024 report. Providing an optimistic view of the retail sector in 2024, Deloitte highlight the transformative power of technology, especially AI, in streamlining operations and enhancing customer experiences. Despite economic challenges like inflation and labour shortages, the report predicts significant growth opportunities for retailers who embrace digital transformation and sustainability practices. Read the report:
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🚀 𝐔𝐧𝐥𝐨𝐜𝐤 𝐭𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐃𝐚𝐭𝐚-𝐃𝐫𝐢𝐯𝐞𝐧 𝐑𝐞𝐭𝐚𝐢𝐥 𝐰𝐢𝐭𝐡 𝐕𝐢𝐬𝐢𝐨𝐧𝐚𝐫𝐞𝐚❗ 🚀 In today's digital age, leveraging data is crucial for retail success. Our latest blog post explores 𝐡𝐨𝐰 𝐕𝐢𝐬𝐢𝐨𝐧𝐚𝐫𝐞𝐚❜𝐬 𝐜𝐮𝐭𝐭𝐢𝐧𝐠-𝐞𝐝𝐠𝐞 𝐩𝐞𝐨𝐩𝐥𝐞 𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐬𝐞𝐧𝐬𝐨𝐫𝐬 𝐞𝐦𝐩𝐨𝐰𝐞𝐫 𝐫𝐞𝐭𝐚𝐢𝐥𝐞𝐫𝐬 𝐭𝐨 𝐠𝐚𝐢𝐧 𝐢𝐧𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐨𝐩𝐭𝐢𝐦𝐢𝐳𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐞𝐬, 𝐚𝐧𝐝 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐚 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐞𝐝𝐠𝐞. 🔍 What's Inside? Better Understanding of Customer Behavior Process Optimization Accurate Forecasting Evidence-Based Decisions Competitive Advantage Continuous Innovation These insights are transforming the retail industry. Are you ready to harness the power of data-driven decision-making? Discover how our solutions can elevate your retail strategy and enhance customer experience. 📖 Read the full article: https://bit.ly/45PXAKS 💬 How are you using data to improve your retail operations? Share your thoughts and join the conversation! #Retail #DataDriven #CustomerExperience #Innovation #Visionarea
Data driven strategy with people counting sensor
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💡 Data: the hidden treasures revolutionising retail! When we think of digital transformation in retail, we often imagine big, spectacular innovations. But in reality, it's often the invisible advances, the small actions guided by precise data, that really change the game. I still remember an exchange with one of our customers. Before using EasyPicky, he often made decisions based on intuition and feedback from his teams. Today, every choice is informed by reliable data from the field. This is where the real power of data lies: it transforms impressions into measured actions, intuitions into certainties, data into predictive models. At EasyPicky, we believe that every piece of data collected in the field is an opportunity to understand better, act faster and perform better. Thanks to our technology, retail teams can collect and exploit this information in real time, enabling smarter and, above all, more strategic decision-making. If you'd like to find out more, here's an article on best practice for collecting and using field data effectively 👉 https://lnkd.in/dVP8TUfk #DataDriven #RetailTransformation #Data #EasyPicky #RetailInsights
Maximizing efficiency: Best practices for store audit data collection in retail
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REGISTER NOW for today's #CNwebinar "2024 Digital Retail Forecast: Opportunities, Challenges, and Strategies" at 2pm ET / 11am PT. Don’t let this opportunity slip away! 🚨🔥Secure your spot before it's too late: https://hubs.ly/Q02jk0060 Dive into the future of digital retail! Join us today to discover how generative AI, marketplace trends and ethical sustainability are reshaping the industry in 2024. 📣Speakers: • Sucharita Kodali, VP and Principal Analyst, Forrester • Simeon Siegel, CFA, Managing Director, Senior Analyst: Retail and eCommerce BMO Capital Markets • Sarah Rasmusen, Former Chief Innovation Officer, Lands' End • Mark Miller, VP, Competitive Intelligence Leader, Synchrony • Moderated by: Allan D., Co-Founder, CommerceNext #DigitalRetail2024 #RetailTrends #AIinRetail #RetailStrategies #RetailWebinar #EcommerceForecast #FutureOfRetail #RetailInsights2024
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Total Retail is excited to announce the release of its annual Retail Technology Report. The comprehensive report is based on survey insights from retail executives and technology decision-makers, and sheds light on current technology usage, future investment plans, and the critical decision-making processes that guide retailers’ tech strategies. Download the report today! #totalretail #retailtechnology #retailtech #retailtechnologyreport #futureofretail
Download the Complimentary 2024 Retail Technology Report | Available Now!
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🚨 The 2024 Retail Technology Report is here! 🚨 In today's fast-paced retail environment, technology is more than just a tool — it's essential. Total Retail's 2024 Retail Technology Report dives deep into how top retail organizations are harnessing tech to enhance operations, improve customer and employee experiences, and fuel growth. Key findings include: 📈 Retailers plan to boost tech spending by 6-10% in the next 12 months 🤖 Generative AI is set to have a major impact on retail 🛍️ Order management systems and customer data platforms are top priorities for seamless shopping 🔍 AR adoption is on the rise, with 1/3 of retailers jumping on board 🚫 Concerns over theft are slowing down automated self-checkout solutions Ready to future-proof your business? Download the report now and stay ahead of the curve! ➡️ https://bit.ly/3BqYdiZ #MyTotalRetail #TotalRetail #Retailers #RetailTech #RetailTechnology
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Do retail exects predict double-digit tech increases in 2024? In the latest SoftServe whitepaper, discover how retail executives invest in tech to enhance customer experiences, tackle supply chain disruptions, and navigate data challenges. Read a whitepaper here => https://lnkd.in/dZ5F5HsT #techinvestment #techinvesting #retail #customerexperience #digitaltransformation #digitaltrends
Retail Execs Predict Double-Digit Tech Increases for 2024
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In today’s rapidly evolving retail landscape, embracing digital transformation is no longer a luxury—it's a necessity. Retailers operating on legacy systems face significant challenges in meeting modern consumer expectations. The shift to digital isn’t just about adopting new technologies; it’s about redefining how we do business. 🔍 Why Make the Switch? Enhanced Customer Experience: Digital tools enable personalized shopping experiences, from AI-driven recommendations to seamless online/offline integration. Operational Efficiency: Automation and advanced analytics streamline operations, reducing costs and increasing productivity. Data-Driven Decisions: Real-time data insights empower retailers to make informed decisions, improving inventory management and marketing strategies. 💡 Impact on Legacy Systems: Scalability Issues: Legacy systems struggle to handle the increased data and transaction volumes of today’s digital world. Integration Challenges: Outdated systems often lack the compatibility needed to integrate with modern technologies. Security Risks: Older systems are more vulnerable to cyber threats, putting sensitive customer data at risk. Transitioning to digital platforms ensures retailers remain competitive and responsive to market changes. It’s about future-proofing your business and delivering unparalleled value to customers. #DigitalTransformation #RetailRevolution #FutureOfRetail #TechInnovation #CustomerExperience #RetailTech #Intellias
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🔮 Dive into the future of retail with our latest guide 👇 Retail is undergoing profound transformation, driven by technological advancements, changing consumer behaviours, and evolving market dynamics. 🔮 What can you expect from our Future of Retail Guide? 🚀 Insightful analysis of current industry trends 🚀 Exploration of noteworthy technological innovations reshaping the sector 🚀 Thought-provoking predictions for the future of retail From augmented reality to artificial intelligence, retail will be at the forefront of technology in a bid to enhance customer experience, optimise operations, and stay competitive in an increasingly digital world. Whether you're a retail industry veteran or a newcomer, this guide is your roadmap to understanding the forces shaping the retail landscape and staying ahead of the curve. Download your copy here: https://lnkd.in/dGXPgAT9 #futureofretail #innovation #retailtransformation #techtrends #retailindustry #digitalfuture #augmentedreality #artificialintelligence
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