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“My business doesn’t need
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– Anonymous, 1994

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the retail sector

Upcoming Transformation In The Retail Sector

In the present era of technological advancements each sector is growing at a fast pace. Retail is one of those sectors that are transforming its face. Well, change of technology is not a comprehensive change rather these are iterations of old technologies. Few of the latest technologies that have emerged in past few years in the retail sector are drone, robotics, e-commerce anti-fraud tools, and many more. Bit coin and block chains are the major advancements appeared in the recent past years.

Few these are certain advancements in the retail sector which haven’t got worldwide acceptance by folks; actually folks are not much familiar with such technological advancements. Robotics was included more and more in software sector but slowly it created its space in the world of retail. Supply chain was one of the biggest issues in the retail sector and it was resolved effectively with the use of robotics.

Customization:

In the present era of technology, common is very uncommon, and the credit goes to the technological growth emerged in past few years. This has given a new vibe of customization, right from the manufacturing till the shopping experience of customers. Even great brands like Adidas are giving more importance to customizing their products as per the requirements of customers.

BOPIS- an amazing approach:

Earlier folks were having two options, either they can walk down to any nearby store and can buy anything where they were having limited options only, or else to buy online and wait days and days to get it delivered. But now technology has opened a by-pass of these two options. In which you can search and buy any commodity online and can pick it from the nearest available store. This gives you facilities to get your desired commodity with all the online available offers and discounts also serve you with the commodity without any delay. Most of the apparel stores are serving their customers with a better and convenient option by using this technological advancement.

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