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Top retail technology trends to look out for in 2024

iVend

For the world of retail technology, 2024 looks set to be an exciting year. All retail processes iVend helps retailers to stay ahead of retail technology trends. Learn about our innovative integrated retail technology platform. Read more So what are the key trends for retail technology in 2024? billion in 2021 to $31.38

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Future Of Cloud-Based POS

Korona

Various industries have embraced the use of cloud POS, making legacy point of sale solutions all but obsolete. Cloud POS trends are booming, with nearly 28% of retailers planning to adopt this technology to shape the future of their sales operations and improve consumer satisfaction. from 2020 to 2028.

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Retail Tech to Make Shoppers Fall in Love with Your Store

iVend

Read more So what are the key trends for retail technology in 2024? Customers get the offers and products that they want, and the retailer increases their marketing ROI, sales and profits. Technology, like retail itself, is always moving forward, always responding to the market, and always changing. billion in 2021 to $31.38

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Convenience Store Industry Trends

Korona

The c-store industry is expected to grow at about a 5% compounded annual growth rate from 2022 through 2028. Omnichannel Sales . Keep in mind that, while using multiple channels of sales is optimal for revenue, it requires a robust point of sale and inventory management system. Then, voila!

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Affirm vs Afterpay: Which BNPL Is Best?

Ecommerce Platforms

billion by 2028, registering a CAGR of around 22.4% from 2021 to 2028, according to reports from Grand View Research. One good thing about Affirm is that many merchants have already implemented the technology into their checkout, so you can simply choose the payment option when you’re shopping as normal.

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6 POS Software Performance Metric Thrift Stores Must Track

iVend

Global sales in 2024 are at $1.046 trillion US dollars, and forecast to grow by $130 billion to $1.176 trillion by 2028. In a survey of 10,045 consumers, 95% said their ‘most used electronic device’ was their smartphone, and sales account for half of the trillion dollars revenue in 2024.

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