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New report: The State of Innovation in Retail 2023
A brand new report by Found.ation for the Retail Innovation Hub by Cardlink explores the latest trends and future priorities for the industry.
Get a good glimpse into the present and the future of the retail industry in our latest report, created on behalf of the Retail Innovation Hub by Cardlink. Spanning more than 60 pages, it will help you explore how technology and startups are revolutionizing the industry, focusing especially on the Greek market.
The retail industry is constantly changing due to shifts in consumer behavior, preferences, and technological advancements. This was more than obvious in the last three years due to the COVID-19 pandemic, which led to an unprecedented surge in online shopping. As consumers flock back to brick-and-mortar stores, the retail sector is reassessing its premises. Customers have grown more discerning about their online choices, and a fresh demographic with unique expectations for their retail encounters is emerging. Concurrently, the shift towards a post-pandemic reality has introduced geopolitical and economic obstacles that intensify disruption instead of alleviating it. To overcome these hurdles, brands and retailers must capitalize on cutting-edge technologies that reduce expenses and enhance efficiency while proactively and confidently addressing their customers’ needs.
Who is this report for?
Retailers, brands, and industry stakeholders need to stay informed about these changes and adapt their strategies accordingly. This report is essential for helping them maintain a competitive edge, and drive growth through collaboration and sustainable practices. By keeping a close eye on emerging trends and disruptive innovations, retailers can better anticipate future challenges and opportunities, stay ahead of the curve, adapt their business models, and remain relevant in an ever-evolving market.
To offer a comprehensive perspective on the ever-evolving dynamics of the industry, we have compiled a report that explores these trends and their implications for the retail environment, presenting insights into how retailers and brands can successfully maneuver the current landscape.
What you will read:
A well-researched report that provides valuable insights and data-driven analysis, helping retailers and brands make informed decisions about their operations, investments, and strategies. Think of it as as a guide to navigate the complexities of the retail landscape. More specifically, contents of the report include:
- The latest shifts in consumer behavior and how they affect delivery, returns, the omnichannel experience and ESG practices
- The characteristics of the next generation of consumers
- Facts, figures and statistics for the Greek and the global market
- The impact of new technologies from last-mile delivery and drones to cashierless stores, the Metaverse and Artificial Intelligence
- Why should retailers follow these trends and what is required to adopt some of these technologies?
- How startups drive innovation for retailers and brands, with examples of companies from the Greek but also the global scene that develop solutions targeting the key sectors of the retail industry.
A wider effort to empower innovation in the retail sector
“The State of Innovation in Retail 2023” report is part of the Retail Innovation Hub, a Cardlink initiative powered by Found.ation that aims to support all participants in the retail ecosystem, be they retailers or startups, and assist them in devising valuable solutions and collaborations. It is the third in a series of reports prepared by the Found.ation team and we are more than grateful for the opportunity Cardlink gives us to highlight the role of startups and new technologies in the industry. By showcasing successful examples of collaboration between established retailers and innovative startups, the report can inspire more businesses to explore partnerships that drive growth and create value for both parties.
Navigate through the Retail Innovation Hub by Cardlink website to learn more about the initiative and the planned activities, and see if you can also be a part of it.
Download your complimentary copy of the report and share it freely!
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