The pandemic has drastically changed the tone of retailing. As a result, retailing businesses have suffered principal losses. The health crisis became a roadblock that leaves retailers, mainly medium and large, with only two options: to take a detour or injure themselves.
read moreTechnology innovation is a key parameter for innovating your business right now. KPMG, a multinational audit firm, recently illustrated a graph of three (3) options to drive retail businesses: becoming a platform, leveraging platforms, and business as usual. Remaining in BAU model despite all the shifts that are happening in the industry will lead to becoming irrelevant over time. You need to look for opportunities to innovate to respond to the modern retailing demands.
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