Inventory Visibility Key to Retail Success In Post-Pandemic Environment

SML RFID has launched its “State of Retail Insight Report Part 1: Adapting to a Post-Pandemic Retail Environment” to examine the impact of the COVID-19 pandemic on the apparel retail industry, while also looking at the sector’s growth and challenges. Researchers at the company found that over one-third of retailers said they “feel confident in their business’ ability to grow within the next year, but recovery from the pandemic still remains a concern.” The report was based on a survey of over 500 industry executives in the U.S. and U.K. Dean Frew, chief technology officer and senior vice president of RFID Solutions at SML Group, said the impacts and changes “that have come about from the pandemic on retail are clear to see by now. However, as recovery from COVID-19 continues, it’s important that retailers continue to strive to understand the ever-changing needs of their customers and invest in the solutions that help to provide the best customer experience and returns for shareholders possible.” The company said that the 18 months have “proven to be a significant challenge for the retail industry, having been impacted heavily by the COVID-19 pandemic. During this time, these organizations were forced to adapt to shifting consumer demands as

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