Sunday, November 24African Digital Business Magazine

Tag: retail south africa news

South Africa News, Tech

Retail is in the midst of the biggest technology paradigm shift yet: Insights from NRF 2024 New York

By Peter Ludi, Business Development Executive at redPanda Software  While the environment for South African consumers will likely improve gradually over the course of the second half of 2024 off the back of better-than-expected inflation figures and an easing of global price pressures, consumer spend will likely remain constrained. This reality means retailers will need to stay ahead of competition to compete for valuable customer spend. As the recent National Retail Federation: Retail’s Big Trade Show held in New York recently proved, the world is entering the digital age in the true sense of the word at breakneck speed, and retailers around the world have no choice but to react, deploy and iterate. The conference, with more than 40,000 attendees, 1000 exhibitors and 450 speakers, is a...