Retailers Catch Up with Technology Investments
India, Jan. 10 -- Next week, retailers will converge on New York City for the National Retail Federation Big Show. But in spite of years of talk about a "retail apocalypse" in which brick-and-mortar stores were driven out of business by digital native competitors, a lackluster recovery from a major recession in 2008, the impact of mobile phone-wielding customers, and the more recent news about retail icon Sears being on the brink of collapse, there's a lot of positive buzz in the retail industry this year.
"Finally in 2018 we've proven that there wasn't really a retail apocalypse," said Robert Hetu, VP analyst at Gartner. "Sears wasn't the latest victim of the retail apocalypse. Sears was a victim of Sears."
Research firm Gartner said t...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.