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Best Practice
Transform Your In-Store Retail Performance With Technology and Innovation
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Transforming In-Store Retail Performance with Technology and Innovation - Best Practices Guide
Best Practice

Transform Your In-Store Retail Performance With Technology and Innovation

Read this best practices guide to learn how to enable loss prevention through smart spaces. See how Hitachi Vantara helps retailers to gain insights, employ Customer 360 analytics, and enable a omnichannel approach for improved customer experience.

Overview

Adapt to the New Retail Reality With Sophisticated In-Store Insights

The continued growth of e-commerce adoption has forced a major change in the retail business. Not only are retailers challenged to compete with the convenience, variety and high degree of personalization that e-commerce offers, they also need to deal with rapidly changing business models, automation, and competitive landscape.

Over 12,000 stores closed in the US in 2018, and over 50% of shopping malls are expected to close by 2023, which is a result of the continued growth of e-commerce adoption that has forced major change in the retail business. In the face of these challenges, retailers must embrace new technologies to stay relevant and meet high customer expectations. Download the best practices guide to learn the outcomes that video, IoT and analytics can deliver to help retailers survive and thrive, such as:

  • Optimize store space and staffing
  • Improve safety and loss prevention in store
  • Personalize and connect on and offline retail experiences ('O2O')

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