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Considering the above, it’s clear that retailers will be best positioned to fulfill the needs of the new post-COVID consumer with a hybrid approach to physical and virtual space. To remain competitive, a virtual storefront needs to be engaging: professional images, streamlined checkout experiences and an extension of a retailer’s brand.
AI-Powered Theft Prevention & Seamless Checkout The UltimateShopper Plus features cutting-edge AI-driven loss prevention technology, combining integrated weighing cells with AI-powered cameras to detect suspicious activity in real time. Additionally, Geck has developed a new picking trolley, designed for Click & Collect orders.
On one hand, personal safety and security are still top-of-mind for consumers, driving changes in everything from online shopping to brick-and-mortar storelayouts and delivery models. Unfortunately, many retailers fall short at checkout. This leads to friction, frustration and, more often than not, abandoned shopping carts.
For instance, in eCommerce, AI-powered tools can analyse online shelf performance, tracking competitors and identifying opportunities. “In physical stores, Computer Vision is transforming operations and providing new revenue streams. Glancing ahead to the future, Cherri believes AI will fundamentally reshape the retail landscape.
The new store concept’s features include: Immersive Shopping Journey: A modern and streamlined approach to storelayout via an intuitive shopping journey that encourages discovery and easy navigation.
The refurbished stores feature an “enhanced look and feel, easier navigation through the store and other design improvements, including increased store flexibility and operational efficiencies” It said the programme had delivered above its target 10% sales uplift and as such, set a new blueprint for future stores and refits.
Demand-based warehouse fulfillment. Advanced analytics can determine shopper activities in-store, including what merchandise and product displays are being engaged with, as well as shopper and employee interactions. Also in-store, beacons are helping retailers incorporate IoT in smart stores in a big way.
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