Home - retailbiz
WEBRetailbiz covers every aspect of Australia’s retail sector with a focus on the innovations and technologies that are driving the industry forward.
The trends that will define the retail industry in 2024
WEBAI adoption will increase. In 2023, artificial intelligence (AI) exploded into mainstream consciousness thanks to the prominence of ChatGPT. In 2024, that momentum will continue. In fact, by 2026, the global AI market in the retail industry is projected to grow by 70%. AI is still in the early stage of its evolution, and many retailers have yet ...
eDelivery platform set to shake-up $4.9bn industry - retailbiz
WEB21 hours ago · Founded by Carl Popovic and helmed by Jack Amies (pictured), highly experienced retail, marketing and technology experts, eDelivery combines cutting-edge AI technology and intelligent automation engines, as well as an on-demand driver network, set to disrupt the $4.9 billion courier pick-up and delivery services industry.
What the Australian retail industry should expect for 2023
WEBWith the COVID-19 pandemic, the past 36 months have been a difficult time for Australia’s retail industry, with businesses having to navigate a plethora of challenges, ranging from rising costs and supply chain disruptions to grave labour shortages.. Further adding to the pressure on retailers are rising customer expectations.
Five trends that every retailer should be adopting in 2024
WEBNov 28, 2023 · Five key trends that retailers should adopt to stay ahead of the curve in 2024: Warehouse optimisation, digitalisation and automation: The integration of digital technology and automation (including robotics, AI and machine learning tools) with space-optimising vertical or cube storage systems, enables retailers to streamline their warehouse ...
Unpacking the ‘real-time trend’ in retail loyalty programs
WEB1 day ago · Definition: Real-time redemption refers to the immediate execution of an offer at the point of sale (POS), in-store or online, so the offer or discount is instantly applied before the transaction is completed and payment is made. Example: Consider a customer who receives a coupon via a mobile app for a pre-flight drink at an airport bar.
Retail trends for 2024: It all starts with data - retailbiz
WEBDec 20, 2023 · Retail trends for 2024: It all starts with data. by Damien Mitchell December 18, 2023. . The retail world is changing at breakneck speed, thanks to digital capabilities, shifting consumer habits, and the rise of data collaboration and retail media networks. Here is what we can expect from retail in 2024.
How retailers can level up their commerce strategy through …
WEB1 day ago · by Nina Jonker-Volker October 8, 2024. . Gamification is becoming an increasingly popular strategy for brands and retailers to enhance customer interactions and boost sales. By incorporating game elements such as points, rewards, challenges, and interactive experiences, companies are finding new ways to …
What retailers should look out for in 2024 - retailbiz
WEBIt has been a challenging few years for retailers, especially as they are more likely than average to face risk, according to FIS’ Global Innovation Report.With 89% of retailers concerned about rising inflation, and 78% worried about supply chain disruption, industry norms have been flipped.
Pattern Australia shares five e-commerce predictions for 2024
WEBGlobal ecommerce and marketplace accelerator, Pattern has released its top five predictions on what will shape the Australian e-commerce landscape in 2024. “The Australian retail landscape will take an evolutionary step-forward over the coming year, driven by changing consumer expectations and the …