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Loyalty to retailers can be fleeting. Forty percent of customers are willing to change to another retailer for day-to-day items if new technologies offering better data security and convenience of payments are available.
Nearly every product in every store in every transaction involves GS1 standards in some respect. Most commonly, it is the Universal Product Code, generally referred to as the barcode, which was first used at retail more than 40 years ago.
Mobile visual search is a trending topic. Retailers are adding the features to mobile apps; creating ad campaigns, catalogs and shoppable circulars; and promoting the technology via social media and with splashy press releases.