Content area

Abstract

* Technology and tools to facilitate decision making.

* Visual display and merchandise offer decisions.

* Consumption and engagement.

* Big data collection and usage.

* Analytics and profitability.

Retailers have embraced a variety of technologies to engage their customers. This article focuses on "The Future of Retailing" by highlighting five key areas that are moving the field forward: (1) technology and tools to facilitate decision making, (2) visual display and merchandise offer decisions, (3) consumption and engagement, (4) big data collection and usage, and (5) analytics and profitability. We also suggest numerous issues that are deserving of additional inquiry, as well as introduce important areas of emerging applicability: the internet of things, virtual reality, augmented reality, artificial intelligence, robots, drones, and driverless vehicles.

Details

Title
The Future of Retailing
Author
Grewal, Dhruv; Roggeveen, Anne L.; Nordfält, Jens
Pages
1-6
Publication year
2017
Publication date
Mar 2017
Publisher
Elsevier Limited
ISSN
00224359
e-ISSN
18733271
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
1881417820
Copyright
© 2017 The Authors