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Big Data in Retail – Top 3 Trend Predictions for Retail in 2018

September 17, 2017

According to the 2017 Retail Vision Study, 70% of retailers are ready to adopt IoT technology. While some companies like IKEA have introduced Augmented Reality in their catalogs, some stores have gone even bigger. Smart mirrors, self-checkout scanners and tracking beacons can be used to understand how customers feel about store inventory. For example, frequently price-checked items that were not checked out could point to a price being mislabeled.

 

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