How do you think major stores such as walmart will change

Reference no: EM133499681

Case Study: Retail is changing faster than ever and its going beyond just online shopping. Amazon and Nike have recently debuted store concepts that maximize speed and convenience by combining digital offerings with a physical retail location. The advent of tech-focused physical stores proves that brick-and-mortar retail isn't going anywhere soon.

Key Points

In what Deloitte is calling a "retail renaissance", the companies that are having the most success are those that are combining physical and digital shopping into one experience that aligns with consumer needs.
Consumers can use Nike Live's stores to access multiple convenience-oriented advanced features like road-side pick-up and scanners to find out information about each product and whether the store has it in stock
Amazon opened its first cashier-less store in late January 2018 that uses cameras and sensors to track what you put into your basket and then charges it to your Amazon account

DISCUSSION QUESTIONS

How do you think major stores such as Walmart will change in the future under this new retail renaissance?
What are some changes that you would suggest in traditional retail stores to attract more consumers moving into the future?
What is the relationship between information technology and Amazon and Nike's business model?
Are any ethical and social issues raised by e-comerce and its business model?

Reference no: EM133499681

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