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Innovate or Evaporate: Retailers on Alert!

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Retailers need to embrace innovation study finds
Thu, 04/18/2024

Retailers, take note! A new BCG & WRC study shows a stark contrast:

  • Innovation leaders invest 13% of revenue, see 21% ROI.
  • Lagging retailers invest 3%, see only 9% ROI.

The message? Innovate heavily or get left behind. Top priorities for innovation leaders:

  • Operational improvements
  • E-commerce
  • Big Data, AI & Analytics

Is your retail business keeping pace?

https://www.esmmagazine.com/retail/innovation-key-for-retailers-to-retain-relev…
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retail
Study
Innovation
ROI
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