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"How is technology expected to transform retail stores over the next decade?"

By 2030, ecommerce is expected to represent 60% of total retail sales in the United States, influencing 90% of all retail sales.

In-store robotic warehouses will emerge, allowing for efficient storage and retrieval of products, reducing labor costs and increasing customer satisfaction.

Contactless checkout technology will become widespread, eliminating the need for cashiers and reducing wait times.

Live personalized pricing will be implemented, using AI-driven pricing algorithms to offer customers real-time discounts and promotions.

Retailers will focus on providing hyper-customized concierge and on-demand services, integrating convenience, consumption, and entertainment, known as "consutainment".

Digital fashion NFTs will become popular, allowing customers to purchase unique digital clothing items that can be worn in virtual environments.

Physical stores will evolve into experiential hubs, with hardware disappearing and software taking center stage, prioritizing customer experiences over product sales.

Mobile apps will emerge as powerful tools for cultivating customer loyalty, offering personalized services and exclusive rewards.

Supply chains will become more resilient and nimble, using AI-driven logistics and real-time inventory management to optimize product delivery.

The "store of the future" will prioritize customer experiences, offering free yoga classes, cooking classes, and other personalized services to engage with customers beyond just selling products.

The concept of "going shopping" will become nearly obsolete, with instant shopping becoming the norm, and customers expecting rapid delivery and hyper-personalized experiences.

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