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- New concept Health   Beauty Express store opens at Cairns Airport ...
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Consumers accept bags of bloom and adorableness brands to accept from, and that basin has alone developed beyond as the all-around abridgement expands. To accumulate up with the competition, merchants admit the charge to innovate both online and in their concrete stores.

What’s more, 61 percent of bloom and adorableness merchants declared that “they would not survive” after innovation, according to the latest adaptation of the Retail Addition Address Index. However, alone about 35 percent of merchants say they’re able for it.

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To accessory up for innovation, abounding are axis to acute POS systems and added technologies to enhance the in-store experience, and deploying consumer-facing applications and accoutrement for online.

For merchants beyond three audible categories of bloom and beauty, about 62 percent of merchants said chump adherence was the acumen they were innovating. However, merchants charge to attempt for the accomplished aptitude and the assets bare to bolster innovation, which can leave some straggling abaft their competition.

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In this copy of the Retail Addition Address Index, an AEVI collaboration, we barometer 18 capital factors that accomplish or breach bloom and adorableness consumers’ arcade experience, and admeasurement how able merchants are to innovate and able to absorb chump loyalty. 

Key Takeaways from the Index

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About the Tracker

The Retail Addition Address Index, powered by AEVI, aims to action a immediate annual of what drives retailers to advance in or abandon assertive innovations. PYMNTS surveyed added than 600 retailers beyond three altered sectors to barometer addition readiness.

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