The Startup Launchpad Summit returns in October with a focus on the Future of Retail. The talks at the event will cover several industry verticals and revolve around two main topics: Investment in retail tech and emerging retail technologies and their real-world applications. These themes will run through two days of talks.
Retail is changing fast and with technological advancements and changing consumer demands, retailers need to innovate to stay alive and relevant. The Future of Retail Summit invites 30+ pioneering retailers, investors and startups, driving innovation in creating consumer experiences to share their knowledge of how to navigate the future of retail.
The global retail industry is in a period of renewal and reinvention.
- A major demographic swing is underway, with Millennials replacing Baby Boomers as the dominant consumer generation, bringing new preferences for shopping experiences.
- The boom of new technologies provides stores with data, analytics and solutions, which helps offline retailers get access to the same key data and analytics available to e-commerce retailers.
- Online sales continue to grow but are slowing. Offline retail has more business opportunities as offline and online retail merge.
These trends are coalescing into an emerging new era of retail. This smart retail world combining new technologies and solutions has already arrived. Retailers and brands need to seize this moment to make the most of future retail.