Magazine Article | November 1, 2017

The Promise (Or Peril) Of Retail

Source: Channel Executive Magazine

Are store closings a sign of a receding vertical, or are they indicative of a massive opportunity for retail solutions providers?

In this month’s “Channel Analysis” column on page 12, Nikki Baird, Principal Analyst at Retail Systems Research, shares the top tech trends in retail for 2018. These trends are tied directly to retailers’ ability to maintain the relevance of their stores, which have seen significant culling in 2017. Here’s a look at the major retail brands that have shuttered the largest number of sites through Q3 of this year, as well as those who are putting up the most new stores in spite of the rumors of retail’s demise. While the net square footage of the playing field is clearly dwindling, the tech going into new stores — and being deployed to aid the struggling — spell opportunity for the retail IT channel.