What’s going to keep people coming back to physical store locations, as comfort levels with e-commerce rise every year? Savvy retailers are fighting technology with technology, refreshing the look and feel of their stores by integrating more gadgets, and using data in a more integrated way to inform strategy.
The normally staid lighting industry is in a state of flux due to disruptive technologies, such as solid-state light sources and intelligent lighting control. Here’s a look at four metatrends that are likely to shape the future of lighting:
Damage to flooring from concrete slab moisture costs U.S. companies upwards of $1 billion each year. When we interviewed flooring industry experts, more than 70% of them reported that they experience moisture issues “often,” with 100% of those surveyed in unanimous agreement that they had experienced some moisture issues.
Local public utilities charge different rates for electricity based on energy demand at any moment: A kilowatt hour of electricity, for example, will cost more in the middle of a hot day when HVAC units are running at full blast than it will cost later that same evening.
Each year, slip, trip and fall losses cost the hospitality and retail industry millions. The mere fact that a customer falls on your premises does not necessarily create liability. Instead, the question is often whether your establishment had superior knowledge of a hazardous condition that exposed customers to an unreasonable risk of harm.
Dhiraj Jain, business development head of retail products and IP for global IT services, consulting and business solutions organization Tata Consultancy Services (TCS), recently took some time to explain exactly how the POS is evolving into a full-fledged omnichannel commerce platform.
The era of the “push” supply chain, where retailers do their best to determine consumer demand well ahead of time and offer a select assortment, is ending. E-commerce platforms that offer a nearly limitless supply of inventory, along with a high degree of digital customization, have changed consumer expectations across all channels.
Despite the large splash caused by the September 2014 launch of Apple Pay, the general consensus is that mobile payment is still in the infancy stage. But while mobile payment is growing at a tempo that is best described as “slow and low,” the overall market is getting increasingly competitive