Find in the news:
BY COUNTRY

Five Ways IoT Will Change Retail As We Know It



Here are five specific ways that the IoT will continue to change the world of retail as we know it.
It’s no secret that the world of retail is changing before our eyes. In fact, many observers feel that we haven’t even scratched the surface of what’s possible. But what exactly does that mean? For one thing, technology is leading to tremendous shifts on both the operations and consumer side. Specifically, the power of the Internet of Things is leading to some tremendous efficiencies in all facets of retail. As Forbes shares, here are five specific ways that the IoT will continue to change the world of retail as we know it. 

IOT in Retail

For starters, retailers are always looking for ways to improve in the area of omnichannel fulfillment, and the improvements nowadays are occurring at breakneck speed. The use of RFID - radio frequency identification - technology continues to grow, and that’s helping retailers make some serious headway in the always-challenging task of monitoring inventory. In today’s environment, consumers have become accustomed to purchasing or ordering what they want when they want it. The expectation from consumers is that those needs will be fulfilled pretty quickly, and the IoT is one more tool to help insure retailers aren’t losing sales to competitors due to problems in the supply chain. 

Next up, there’s been a ton of debate of late about the most efficient way to reach today’s consumers. While the proliferation of connected devices makes that a breeze, retailers that push the envelope too far risk alienating consumers that don’t appreciate being inundated with sales pitches. Expect some common ground to be found as retailers attempt to find the sweet spot. The IoT will also continue to impact the way consumers interact with employees in stores. Some high-tech solutions being implemented include a rise in in-store kiosks which can be used to summon employees as needed.

Expanding on the connecting with consumers topic, the IoT is helping retailers to offer up more personalized and localized offers to customers. The rise in mobile apps has led to an easy way for retailers to push notifications on consumers without seeming too intrusive, but care must be given to insure that there are clear opt-in and opt-out instructions. Finally, one of the most exciting things about the IoT as a whole is the possibilities it offers for retailers to expand their reach. Among the opportunities out there for retailers are increased opportunities for sales and service support, and the potential to be the preferred provider for consumer orders placed through home automation systems such as Alexa or Google Home. 



Mar 5, 2021, USA:
The release of FiftyFifty is timed to coincide with International Women's Day and is designed to challenge couples to be a frank yet casual conversation.
Mar 5, 2021, Spain:
The new buildings and renovations will result in a massive office space designed to attract new talent.
Mar 4, 2021, Spain:
Despite an earlier agreement to create new jobs, Inditex announced its intention to close more than 1,200 stores worldwide.
Mar 4, 2021, USA:

About 20 percent of the company's branded stores will close by the end of 2021 as it decides to focus more on developing online sales.
Mar 4, 2021, United Kingdom:
Shoppers will appreciate grocery shopping without cashiers and queues in the Amazon Fresh store in London.
Mar 3, 2021, USA:
The company's goal is to open new stores, renovate existing ones, and develop online retailing.
Friend
and Follow
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us