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Retail innovations on the rise in 2023

By Brittney Sherman News, retail, small business, large business

Retail innovations on the rise in 2023

In the very near future, these retail innovations may become the norm according to the National Retail Federation’s “10 ideas worth stealing in 2023:”

+Co-tenancy of big box retail stores, with a focus on unexpected partnerships and stimulating experiences.

+The rise of Radio Frequency Identification Technology (RFID) for self-checkout, warehousing, and supply chain management.

+Transforming “toss-aways” into products and tripling down on sustainability and “forever products.”

+Debit card incentives that reward shoppers for paying now by giving same store discounts later.

Read the full article HERE.

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