{"id":832786,"date":"2023-06-01T10:22:17","date_gmt":"2023-06-01T09:22:17","guid":{"rendered":"https:\/\/pulse.microsoft.com\/?p=832786"},"modified":"2023-06-01T10:22:19","modified_gmt":"2023-06-01T09:22:19","slug":"fa2-the-road-to-business-resilience-what-it-is-and-why-it-matters-to-retailers","status":"publish","type":"post","link":"https:\/\/pulse.microsoft.com\/en\/transform-en\/retail-en\/fa2-the-road-to-business-resilience-what-it-is-and-why-it-matters-to-retailers\/","title":{"rendered":"The road to business resilience: What it is and why it matters to retailers"},"content":{"rendered":"<h2>I think most of us are familiar with the saying of &#8220;fall seven times &#8211; rise up eight&#8221;. Not only is it applicable to life itself but also to the perseverance and resilience that the last couple of years has brought to all types businesses around the world.<\/h2>\n<p><span data-contrast=\"auto\">Let\u2019s recap some of the challenges the retail world has faced. During the pandemic, eCommerce soared and while it is still important, people have rediscovered physical shops. Staffing challenges &#8211; including high employee turnover rates &#8211; negatively impact the customer experience. Meanwhile, the business outlook is under pressure due to rising interest rates and increased inflation, which affect the purchasing power of your customers. Furthermore, the pace of innovation keeps accelerating.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">When you\u2019re figuring out how to respond to this VUCA-world (that\u2019s volatility, uncertainty, complexity, and ambiguity), a good place to start is by understanding that data is your greatest asset. Combined with the right technology, your data will help you join the dots between physical and online retail, so that your customers get seamless and consistent experiences. It will help you develop meaningful personalized services, differentiate your offer, and increase your competitiveness \u2013 from the supply chain to the store.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Ombori<\/span><\/b><span data-contrast=\"auto\"> is working with fashion retailer <\/span><b><span data-contrast=\"auto\">H&amp;M<\/span><\/b><span data-contrast=\"auto\">: their solution <\/span><strong>Ombori Grid SaaS<\/strong><span data-contrast=\"auto\"> creates standout digital experiences in the stores. Innovations like the Voice Interactive Mirror inspires H&amp;M customers to \u201cshop the look\u201d, a mobile experience that helps them to navigate the store and discover special offers.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">AiFi<\/span><\/b><span data-contrast=\"auto\"> is helping <\/span><b><span data-contrast=\"auto\">Zabka Polska<\/span><\/b><span data-contrast=\"auto\">, the largest chain of autonomous convenience stores in Europe. They use <\/span><strong>AiFi Autonomous Shopping<\/strong><span data-contrast=\"auto\">, a flexible AI platform for retailers to scale autonomous shopping solutions. The smart store analytics delivers a checkout-free shopping experience and insights on shopper movements throughout the store, helping inform decisions about where to place offers or high-ticket items.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">With all this innovation at our fingertips, we are living in an exciting time where anything is possible in retail, but we also need to be mindful and learn from the past. That way we can put resilience front and center so that we are in the best shape to handle whatever comes next.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I think most of us are familiar with the saying of &#8220;fall seven times &#8211; rise up eight&#8221;. Not only is it applicable to life itself but also to the perseverance and resilience that the last couple of years has brought to all types businesses around the world. Let\u2019s recap some of the challenges the [&hellip;]<\/p>\n","protected":false},"author":665,"featured_media":834180,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1804,1911,1751],"class_list":["post-832786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customer-stories-en","category-digital-transformation-en","category-tips-en","specials-transform-en","verticalIndustries-retail-en","stories-business-optimization-en","stories-how-can-i-optimize-and-improve-my-business","stories-how-can-i-use-the-cloud","stories-how-do-i-make-sure-that-i-dont-lose-my-data-en","businessPriorities-digital-transformation"],"_links":{"self":[{"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/posts\/832786"}],"collection":[{"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/comments?post=832786"}],"version-history":[{"count":7,"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/posts\/832786\/revisions"}],"predecessor-version":[{"id":834691,"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/posts\/832786\/revisions\/834691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/media\/834180"}],"wp:attachment":[{"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/media?parent=832786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pulse.microsoft.com\/en\/wp-json\/wp\/v2\/categories?post=832786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}