What are the main challenges in retail technology today?
Some key challenges include inventory management, data security, and integrating new technologies.
Can you elaborate on inventory management issues?
Sure! Retailers often struggle with overstocking or stockouts, which can lead to lost sales or increased costs.
How does data security impact retail tech?
Data security is crucial as retailers handle sensitive customer information. Breaches can damage trust and lead to legal issues.
What technologies are retailers adopting to overcome these challenges?
Retailers are increasingly using AI, IoT, and cloud computing to enhance efficiency and customer experience.
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