The difference between the winners and losers in retail increasingly comes down to one factor: tech savvy.
The retail industry is undergoing significant changes in the merchandising process--at least, so says a recent survey by retail consulting firm RSR. The best of the national performers have picked up on a crucial strategy: Target your store's selection of goods to the needs and interests of specific communities. It's better for sales and for controlling costs. The savviest retailers know this and they're using technology to help give them edge.
How High-tech Has Changed the Game
According to the survey, firms that outperform...
