APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Agile

    AI Healthcare

    Artificial Intelligence

    Aviation

    Bi and Analytics

    Big Data

    Cloud

    Cyber Security

    Digital Infrastructure

    Digital Marketing

    Digital Transformation

    Digital Twin

    Drone

    Internet of Things

    Low Code No Code

    Networking

    Remote Work

    Smart City

    Startup

    Unified Communication

    Wireless

  • E-Commerce

    Education

    FinTech

    Healthcare

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Dell

    IBM

    Microsoft

    Salesforce

    SAP

  • Cognitive

    Compliance

    Contact Center

    Corporate Finance

    Data Center

    Data Integration

    Digital Asset Management

    Full Stack Development

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Proptech

    RegTech

Menu
    • Compliance
    • IBM
    • Big Data
    • Unified Communication
    • Digital Infrastructure
    • Data Center
    • Salesforce
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Augmented Reality
    Editor's Pick (1 - 4 of 8)
    left
    In Augmented Reality, Size Matters

    Jason Blackman, CIO, Carsales.Com

    Essential Technology Elements Necessary To Enable Transformations

    Leni Kaufman, VP & CIO, Huntington Ingalls

    Taking the Right Technology Initiatives

    Jawahar Kaliani, Deputy CIO, Department of Treasury - Office of the Comptroller of the Currency

    Changing the Way we Work

    Amol Bargaje, CIO, Jenner & Block

    Dipping in a toe or Going Full Belly Flop : Incorporating Augmented and Virtual Reality into the Design Process

    Raymond Kent, Principal, Director of the Innovative Technology Design Group, DLR Group

    Simulators are the New Way to Extend Beyond Virtual Reality

    Scott Mcmillan, Manager of Technology and Innovation at Melbourne Water

    Augmented and Virtual Reality in Today’s World

    Mayank Singh, Head of Digital, Technology and Marketing Departments, Domino’s Pizza, Indonesia

    Making the Most out of AR Technology

    Stephen Witherden, Technical Fellow – Software Engineering, Beca

    right

    Key Tech Trends in Retail

    Apac CIO Outlook | Wednesday, December 30, 2020
    Tweet

    Buy online, pick-up in-store (known as BOPIS) has become a crucial way for many stores to continue to do business.

    Fremont, CA: The retail sector experienced unprecedented disruptions in 2020. No large retailers have been forced to adapt to public health legislation and restrictions as a result of the pandemic, forcing them to pivot or even close business models. Although key retailers have been able to retain their in-store experience, they have also been met with supply chain and inventory issues during the global health crisis.

    These near-constant changes have forced retailers to focus more than ever on technology, and organizations have recognized the vital role that technology can play in moving forward.

    Although not all developments introduced in 2020 will last, some of them are likely to influence the industry for years to come. These are the retail tech patterns to be observed in 2021 and beyond.

    BOPIS Is Here to Stay

    top retail tech solution companies

    Buy online, pick-up in-store (known as BOPIS) has become a crucial way for many stores to continue to do business. With social distance restrictions restricting the number of people permitted in stores at one time, an increasing number of customers have embraced BOPIS as their preferred mode of shopping, since it does not entail waiting for delivery.Half of shoppers are expecting to expand their use of contactless pickups as the holiday shopping season progresses. To address this need effectively, retailers will need integrated data analytics and mobile device management software to keep workers up-to-date and sophisticated inventory management to ensure a smooth shopping experience.

    See Also: Top Retail Solution Companies

    Retailers Need to Accommodate Varied Forms of Payment

    Just as retailers need to make contactless pick-up accommodations, they also need to accommodate new ways of payment in response to evolving consumer preferences. Contactless payment is the cornerstone to this initiative, and more shoppers are using it than ever before.

    Research by the National Retail Federation found that 1 in 5 shoppers reported making contactless payments for the first time during the pandemic, according to The Financial Brand. The same research showed that 57 percent of consumers said they would continue to make contactless payments after the pandemic ended.

    Retailers would need to have contactless point-of-sale readers as well as mobile POS systems to fulfill current consumer requirements. The convenience of these systems will allow them last until 2021 and beyond.

    tag

    inventory

    Financial

    Inventory Management

    Weekly Brief

    loading
    Top 10 Automotive Technology Companies - 2019

    Featured Vendors

    Aptiv

    Kevin Clark, President & CEO

    Ambarella

    Fermi Wang, CEO

    ON THE DECK

    Automotive 2019

    Top Vendors

    Automotive 2018

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Bridging the Digitization and Cybersecurity Gap

    Nasrin Omar, Head of Cyber Security, Tenaga Nasional Berhad

    Achieving Business Agility

    Will Artificial Intelligence Replace Humans In Future?

    Key Challenges Facing Real-time Data Processing in Data Centers

    Digital Transformation Agility

    Angela Lam, CIO Shell Australia, COG & Integrated Gas, Shell (NYSE: SHEL)

    Technology Trends Impacting Digital Infrastructure in 2022

    Loading...

    Copyright © 2022 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe |   About us

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/key-tech-trends-in-retail-nwid-7871.html