How Smart Products Will Solve the Retail…

How Smart Products Will Solve the Retail Apocalypse | EVRYTHNG IoT Smart Products Platform

How Smart Products Will Solve the Retail…

Some of the world’s biggest department stores are facing branch closures in what reports are referring to as “the retail apocalypse.” Yet amidst this darkness is a new dawn: the rise of Internet of Things-enabled smart products, helping brands and retailers better compete. Shopocalypse Now According to Bloomberg, more than 3,500 stores are expected to close in the coming year, with many of the outlets belonging to huge household names like JCPenney, Macy’s, Sears and Kmart, along with smaller chains such as Crocs, Abercrombie & Fitch and Guess. When you consider the performance of retail stocks over the past few years it’s hardly surprising. Stocktwits reports that Macy’s is not only trading at its lowest levels since just after the…Read More


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