What is the trend of omnichannel retail?

The ability to run stores on iPhone opens up opportunities for retailers to provide seamless omnichannel experiences for their customers.

What is the trend of mobile checkout?

The use of mobile tools for executing checkouts allows for faster and more convenient shopping experiences.

What is the trend of real-time inventory management?

RFID technology and NewStore apps enable real-time inventory updates, leading to improved stock control and customer satisfaction.

What are the implications for the retail industry?

The retail industry can benefit from adopting the NewStore omnichannel platform for a more integrated shopping experience.

What are the implications for the fashion industry?

Fashion brands like Outdoor Voices can leverage phone-powered retail platforms to bridge the gap between online and in-store shopping, creating a seamless customer journey.

What are the implications for the technology industry?

Technology companies specializing in mobile checkout solutions and real-time inventory management tools have the potential to disrupt the retail industry.

Phone-Powered Retail Platforms : the future of retail

Phone-Powered Retail Platforms

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Cutting-Edge Virtual Retail Platforms Image 1

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Outdoor Voices is Exploring the Future of Retail with NewStore

Laura McQuarrie — June 14, 2019 — Business

References: newstore & businesswire

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NewStore is the first of its kind to offer its omnichannel platform as a service, allowing for retailers to explore the future of retail and run their stores on iPhone. The purpose-built solution for mobile shoppers has been embraced by activewear brand Outdoor Voices, offering an experience for consumers that fills the gap between online and in-store shopping.

At nine locations, Outdoor Voices now offers a streamlined, iOS-powered shopping experience, as store associates are equipped with a variety of tools for executing mobile checkouts, inventory management and more.

The platform makes the most of RFID technology and NewStore apps for real-time inventory management, as well as customized shopper profiles and even convenient fulfillment options like buy online pickup in-store and ship from store solutions.

Trend Themes

Omnichannel Retail — The ability to run stores on iPhone opens up opportunities for retailers to provide seamless omnichannel experiences for their customers.
Mobile Checkout — The use of mobile tools for executing checkouts allows for faster and more convenient shopping experiences.
Real-time Inventory Management — RFID technology and NewStore apps enable real-time inventory updates, leading to improved stock control and customer satisfaction.

Industry Implications

Retail — The retail industry can benefit from adopting the NewStore omnichannel platform for a more integrated shopping experience.
Fashion — Fashion brands like Outdoor Voices can leverage phone-powered retail platforms to bridge the gap between online and in-store shopping, creating a seamless customer journey.
Technology — Technology companies specializing in mobile checkout solutions and real-time inventory management tools have the potential to disrupt the retail industry.

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