Smart Retail is driving brick-and-mortar retailers to adopt smart technologies like smart shelves, smart carts, smart cards, e-attendance, and facial recognition.
Smart Retail enables delivery of services via the web, smart phone apps, and augmented reality applications in stores.
Adoption of such technologies is enhancing productivity of store space and inventory. RFID technology is allowing the use of kiosks and self-checkout terminals, keeping track of all incoming and outgoing products. Smart Retail technologies also offer consumers personalization, with retailers able to cater to individual consumers' preferences and potentially provide more relevant product information.¹
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