Tuesday, July 16, 2019

Four Emerging Technologies in Retail Real Estate

NREI
From IoT systems to space-sharing platforms, bricks-and-mortar retail is seeing plenty of new technologies.

Ninety percent of worldwide retail sales are still done in physical stores, according to a Bloomberg Intelligence report. In addition, 43 percent of consumers are likely to spend more money shopping at a store that offers a meaningful experience, according to a 2019 Storefront retail trends report. Technology tools can often be used to enhance retail revenue or solve issues with in-store shopping. The technologies outlined below are attempting to do just that. . . . more