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The Future of Retail


We’re living in a world where digital dominates every aspect of business and society, and the retail industry is no exception. Advances in science and technology, along with societal shifts, are changing the way goods are produced, shipped, shopped for and sold. And the combined nature of these advancements is causing the pace of change to accelerate – often in unexpected ways.
 
Technological breakthroughs in robotics, artificial intelligence, the internet of things, nanotechnology and quantum computing are converging to create a fourth industrial revolution. For the retail industry, these are exciting – and potentially perilous – times.
 
This insight from Tata Consultancy Services, explores the main drivers of ecosystem change that are impacting Retail. Areas considered include: 
 
  • Product
  • Food
  • Shopping Experience
  • Algorithmic Retailing











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Other Insights Contributed by Tata Consultancy Services:
Digital Readiness and COVID-19: Assessing the Impact Why Resilience Is Imperative in a Post-Pandemic World Bring on the Creative Disruption Why Purpose-Led Ecosystems are Critical to Creating Stakeholder Value Leading the Way with Artificial Intelligence A Bird's-Eye View on Innovation 3 Trends on the Future of Work Social Media is Serious Business Workplace of the Future Untangling the Web of the Future Harnessing the Power of IoT in Manufacturing Agility and Simplification Getting More Out of the IoT Risk and Finance Integration: Bridging the Gap between Ambitions and New Realities  Leveraging Digital Technologies for Effective Risk Management Is Data the New Currency? The Business of People The IoT is Here Global Trend Study How Smart, Connected Products are Transforming Competition Courting the 21st Century Customer Winning Strategies for Asia Social Media Influence Business Transformation in a Digital Age Reimagining Retail - The Digital Imperative Building a Culture of Innovation Winning in the Digital Consumer Economy A Digital Journey for Banks India Youth Survey 2014 Using Social Media in NPD

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