Media Center (2020)
Future Stores Miami 2020 Innovation Briefing
Re-imagination of the retail experience is now more important than ever, as we reckon with store closures happening alongside store openings. According to data from Costar Group, the number of store closures announced in the first half of 2019 has already outstripped the number of retailers announced in all of 2018. But this doesn’t tell the whole story of what is happening in retail and it is certainly not all doom and gloom for stores. In fact, despite these closures, it is indisputable that retail is growing. There are over 1 million retail establishments across the United States, and retail sales have grown almost 4 percent annually since 2010. Stores certainly aren’t being replaced by ecommerce, either. In Our Retail Innovation Briefing, we cover what top retailers are doing in order to guarantee that doors stay open at their physical locations in 2020 and beyond.
Future Stores Miami 2020 Retail Tech Briefing
The rise of new technologies in the retail space is having a domino effect. Stores everywhere are becoming smarter, more efficient, and more technologically advanced. The challenge is that stores need to discern between which shiny new tech items will both add value to the customer and stand the test of time and which will do neither. In this Retail Tech Briefing, our aim is to take you behind the scenes at a few early-stage technology startups that are (or could) intersect with store retail to create valuable experiences, foot traffic, and revenue gains.
Consumer Report: Understanding Consumer Preference When They Decide Between In-Store & Online Shopping
Retailers are investing in opportunities to improve both online and in-store shopping experiences—but how do consumers generally decide between the two options? This report investigates the ‘experiential trade-offs’ consumers encounter when they choose either online or in-store shopping. The results—by age group, by retail category, or as a whole data set—will shed light on how retailers can meet consumers on their terms, through any medium in which they choose to shop.
Case Study - Walmart's AI-Powered Store of the Future Is Nothing Like Amazon Go
The world’s biggest retailer is looking to change the nature of shopping as we know it - but by harnessing the power of AI at its Intelligent Retail Lab (IRL), Walmart isn’t seeking to replicate the Amazon Go experience.
NEC Display Solutions for Specialty Retail
In a world that’s becoming increasingly fast-paced, on-demand and interconnected, going digital is a necessary transition for today’s specialty retailer. But it’s hard to know where to begin. With so many options and so many changes in the digital marketplace, researching and deciding on the right visual display solution can cost you time and money in and of itself. Instead, you can take advantage of the knowledge and resources of NEC’s specialty retail experts, who are well equipped to tailor a display system designed specifically to meet the growing needs of this competitive industry. Using this guide, you can prepare yourself with some common questions and issues to consider when starting a conversation about digital signage systems.
Case Study: Cabela’s deploys cross-section of NEC displays to engage customers and employees
Cabela’s, based in Sidney, Nebraska, is the world’s largest direct marketer of hunting, fishing, camping and related outdoor merchandise. As a leading specialty retailer, the company also has grown into one of the most well-known outdoor recreation brands.In keeping with its tradition of high-quality products and customer service, the company strategized on how to build stronger relationships with customers while empowering employees, also known as “outfitters,” to deliver superior customer service and to realize their crucial roles in the success of the company.
District Managers: The Real MVPs of Retail
District Manager are ultimate consultants, in tune with both corporate objectives and the unique opportunities for each store to thrive. But with all of their influence, the potential of District Managers is too often untapped. Why? Their tools aren’t designed for their jobs. Improved tools give District Managers time back to do what they do best: Build relationships and solve problems for your field.
The Customer-Facing Digital Signage Market in Retail Through 2021
In 2019, a new generation of consumers has developed a preference for brick-and-mortar stores. Now, retailers are investing in smarter in-store technologies, and digital signage is at the forefront. In this report, we provide key insights into the instore competitive environment in terms of retail strategy and maturity with digital signage. Discover how retailers are realizing the future of interactivity, personalization, and dynamic content in brick-and-mortar stores.
BrightSign Media Players Drive Interactive Digital Transformation in Best Buy Canada Experience Stores
Best Buy Canada is a leading omnichannel technology retailer with a formidable presence, operating the Best Buy, Best Buy Mobile and Geek Squad brands. The company’s physical retail footprint of 134 big box Best Buy stores and an additional 49 Best Buy Mobile stores spans from coast to coast. Several years ago, Best Buy Canada anticipated the growing need to provide today’s consumer with increased interactivity and design in a physical retail experience. To that end, the company embarked on a multi-year effort to enhance approximately 30 of its premier experience store locations across Canada with new interactive digital signage.
2019 Retail Tech Briefing
The rise of new technologies in the retail space is having a domino effect. Stores everywhere are become smarter, more efficient, and more technologically advanced. The challenge is that stores need to discern between which shiny new tech items will both add value to the customer and stand the test of time and which will do neither. In this Retail Tech Briefing, our aim is to take you behind the scenes at a few early-stage technology startups that are (or could) intersect with store retail to create valuable experiences, foot traffic, and revenue gains.
Future Stores Miami 2018 Innovation Briefing
Reimagination of the retail experience is now more important than ever, as 2018 has been a particularly dramatic one for physical retail. The news headlines are constantly highlighting massive store closures and bankruptcies, reinforcing the sense that there is indeed a retail apocalypse underway.As of April, well over 90 million square feet was projected to be vacated this year, and leading commercial real estate firm, Costar Group, has projected that 2018 will be a peak year for store closures. Leading the charge on store closures are former industry behemoths like Brookstone, Toys ‘R’ Us, Sears, Claire’s, Lord & Taylor and Foot Locker.Although things are sounding gloomy, leading retailers are looking at 2018 and beyond as a time of transformation. Key partnerships, higher quality apps, and implementing tech that puts the customer’s time and interest first, have helped many retailers avoid the store closure headlines.
Want even more reading material? View whitepapers and reports from our 2019 event.2019 Media Center