The Future of Physical Retail Will Be Intelligent and Innovative

The retail industry is among the most valuable businesses in the world but the rise of e-commerce in recent years has delivered a blow to physical retail. Smart transformation of traditional retail has become a definite trend. According to Deloitte’s 2019 Global Powers of Retailing and Retail Industry Outlook reports, 2019 is a year of transition for the global retail industry. Retailers need to leverage technology to grab preemptive opportunities and boost competitive edge.