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How Suppliers Can Use AI To Immunize Against The Retail Apocalypse

RTP blog

By Pijush Gupta, HighRadius More than 3,800 stores are expected to shutter their brick-and-mortar retail operations this year, most notably and recently the bankruptcies of Toys ‘R’ Us and Sears Holdings. The answer isn’t pretty, depending largely on how well suppliers have immunized their business. That’s where technology steps in.

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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

Prime members can already shop with special discounts in categories like electronics, toys, home, and more. Amazon shoppers who buy from a small business before June 20 will also get a $10 Prime Day credit. Amazon’s revenue increased 35% last year despite a $4 billion loss in Q2 due to the pandemic.

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Future of Ecommerce: How Technology Will Change in 20 Years

Blue Acorn

Only time will truly tell us what technology will be in play in the year 2037, but until then it doesn’t hurt to get a little imaginative about some of the possibilities. While virtual reality and augmented reality are budding technologies now, will they become a vital component in the future? Artificial Intelligence.

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How to Turn Your Brick-and-Mortar Store into an Online Store

Ecommerce Platforms

Choose Your Payment Methods. Technology has changed a lot of things, including retail. When smaller brands try to compete, it affects their revenue because they’re not in all locations. But as a small business in your city you can deliver the same day and for free too, effectively competing with big brands within your city.

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Study: Consumers Warm to Social Commerce, But Payment Mistrust Could Hamper Growth

Retail TouchPoints

Consumers seem to still be warming up to the idea of social media platforms being shopping platforms, and the platforms themselves are still figuring out the technology to gain mainstream adoption. The Interactive Advertising Bureau reported that social media ad revenues reached $41.5 after Google, accounting for 25.2%

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Different Types of POS Systems: Quick Guide For Retail Business Owners

Korona

However, the type of POS system you choose depends on the type of business you run, the size of the business, the number of customers and employees you have, and other factors. A POS system is essential to your day-to-day operations and can help keep everything from payment processing to inventory management running smoothly.

POS 40
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Different Types of POS Systems: Quick Guide For Retail Business Owners

Korona

However, the type of POS system you choose depends on the type of business you run, the size of the business, the number of customers and employees you have, and other factors. A POS system is essential to your day-to-day operations and can help keep everything from payment processing to inventory management running smoothly.

POS 40