Find in the news:
BY COUNTRY

Here’s How Retail Consumers Feel About Disruptive Tech



The Oracle Retail 2025 set out to answer those questions and others.
It seems like we hear about the next latest and greatest technology that will disrupt the retail industry pretty often these days. Quite simply, technology is evolving at the speed of light, and those technologies are being adapted to meet the needs of both consumers and retailers. While retailers have little choice but to adapt quickly or risk being left behind, users can pick and choose the ones people want to adopt. On the retail experience front, that opens up a ton of questions. 

How do consumers feel about the technologies that are disrupting the retail experience as we know it? What do customers expect to find in the store of the future? The Oracle Retail 2025 set out to answer those questions and others. As PYMNTS.com shares, there were some truly fascinating takeaways that all retailers and landlords can walk away with. 

Retail Consumers Feel About Disruptive Tech

For starters, there’s always a ton of talk about how everything is connected these days, whether that’s a result of constantly being plugged into social media or the web, but there’s also newer connections that need to be considered. That includes things such as the internet of things, wearable technologies, and even things such as drones or virtual reality. For consumers, they’d like to get to know you first before going all the way. 

“Consumers clearly indicated that they have a conservative appetite for retail technologies that requires deep personal data and make decisions on their behalf,” said Mike Webster, senior vice president and general manager at Oracle Retail and Oracle Hospitality. 

Don't inundate shoppers with the need to ‘connect’ with you - or just assume that these customers want you accessing their smartphones and devices. That comes across as invasive and intrusive, and it can be a pretty big turnoff for many buyers. 

“This signals brands to focus on building a strong foundation to win trust. Warm attitudes toward utilizing virtual reality and receiving recommendations for custom-made accessories produced with 3D printing points to consumers’ willingness to adopt new technologies if they are in control of their experience,” Webster continued. 

The report also gets to the bottom of consumer interest in some other fronts. For example, 64 percent of consumers polled like the idea of using virtual reality to help them plan out a shopping experience and make wardrobe decisions. Quick delivery times are obviously front and center in the minds of retailers and consumers, and 67 percent of respondents are entirely fine with drones delivering their products in near real-time. The rest of the results are just as fascinating, so you’ll want to check them out and keep this in your back pocket to help you sort through future tech decisions.  

More about shopping malls in the USA



YESTERDAY, USA:
It will be the most significant expansion in Sephora's history, demonstrating its confidence in the retailer's future.
YESTERDAY, USA:
Shortly, 17 Apple mini-stores will open in hypermarkets across the country. The company intends to start opening such outlets in the fall.
DAY BEFORE YESTERDAY, India:
The vast mall's construction will cost $760 million, and the project is expected to be completed in seven years.
DAY BEFORE YESTERDAY, United Kingdom:
The brand plans to close 95 stores nationwide while paying reduced rent for the remainder of the term.
Feb 24, 2021, USA:
Old Spice Barber Shop will also serve as a brand store, digital content studio, and experience lab for new product developments.
Feb 24, 2021, USA:
The company managed to retain its place as the largest retailer in the U.S., with Amazon in second place.
Friend
and Follow
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia


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