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What will be the most significant technological advancements that will transform the retail shopping experience in physical stores in the next decade?

By 2030, physical stores will no longer be just stores, but will operate primarily through software.

The global smart retail market size is expected to grow at a CAGR of 29.1% by 2030.

In-store robotic fulfillment is expected to become a common trend in the retail store of the future.

Contactless checkout is likely to become the norm in physical stores.

Live personalized pricing will become a key aspect of the shopping experience in physical stores.

Mobile apps will emerge as the most powerful tool for brands to cultivate loyalty.

Retailers will focus on creating personalized experiences for customers.

Digital fashion will become mainstream.

Supply chain and logistics will become more resilient.

AI, AR, and robotics will be integrated into physical stores to enhance the shopping experience.

The future of retail will be tech-driven.

Physical stores will continue to evolve, with a focus on creating a more frictionless and dynamic experience.

Customers will still feel unsure about finalizing their purchase decision when making a purchase in-store.

56% of customers visit stores at least once a month to research and prepare for a purchase.

The pandemic spurred many retailers to invest in technologies like in-store robotic fulfillment, contactless checkout, and live personalized pricing.

By 2030, the main part of the sale for certain product categories will be online, with flagships only serving as "showrooming" spaces in physical retail.

In-store experiences will become more immersive, with augmented reality and virtual reality playing a bigger role.

By 2030, shopping will feel incredibly personalized, with products and services tailored to individual customers.

The retail store of the future will focus on experiential retail, with customers seeking unique and memorable experiences in physical stores.

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