Future Trends in Retail Store Manager Apps: What to Expect

The retail industry is undergoing a significant transformation driven by technological advancements. One area that continues to evolve is retail store manager apps, which are instrumental in streamlining operations and improving efficiency. To stay ahead in this dynamic landscape, it is crucial to keep up with the latest trends and anticipate what the future holds.
 

In this article, we will explore the emerging trends in retail store manager apps, backed by relevant statistics, to provide insights into what businesses can expect in the coming years.

1. Mobile-First Approach: The increasing reliance on mobile devices has reshaped consumer behavior and expectations. Retail store manager apps are aligning with this trend by adopting a mobile-first approach.
   1. In 2020, mobile commerce accounted for 54.9% of all e-commerce sales worldwide. (Statista)
   2. By 2023, mobile point-of-sale (mPOS) transactions are projected to reach $2.7 trillion globally. (Juniper Research)
   3. 90% of retail store managers believe that mobile technology enhances the overall customer experience. (Zebra Technologies)

   This highlights the growing importance of mobile devices in retail, emphasizing the need for retail store manager apps to provide seamless mobile experiences for managers and employees.

2. Integration with Artificial Intelligence (AI) and Machine Learning (ML): AI and ML technologies are revolutionizing the retail industry by enabling intelligent automation and data-driven decision-making. Retail store manager apps are leveraging these technologies in various ways. Consider the following statistics:
   1. By 2025, the global AI market in the retail industry is expected to reach $19.9 billion. (Research and Markets)
   2. 85% of customer interactions in retail will be managed by AI by 2025. (Gartner)
   3. 79% of retail executives believe that AI and ML will revolutionize the way they gather information. (IBM)

   You can see the immense potential of AI and ML in retail and the growing importance of integrating these technologies into retail store manager apps. AI-powered features like demand forecasting, inventory optimization, personalized recommendations, and automated data analysis can significantly enhance store operations and decision-making processes.

3. Enhanced Data Analytics and Reporting: Data-driven insights are becoming increasingly critical for retail businesses to make informed decisions. Retail store manager apps are evolving to provide enhanced data analytics and reporting capabilities. Consider the following statistics:
   1. 79% of retailers believe that using data analytics extensively improves customer retention. (Forbes)
   2. By 2023, the global big data and business analytics market in the retail industry is projected to reach $9.5 billion. (Statista)
   3. Retailers that adopt advanced analytics are seeing profit margins increase by up to 60%. (Accenture)

   Retail store manager apps that offer robust reporting tools, real-time analytics, and actionable insights empower managers to make data-backed decisions, optimize inventory, and improve overall performance.

4. Integration with Internet of Things (IoT): The IoT is transforming the retail industry by connecting devices, sensors, and systems to enable seamless data exchange and automation. Retail store manager apps are increasingly integrating with IoT technologies.
   1. By 2025, the global IoT in retail market size is expected to reach $94.4 billion. (Grand View Research)
   2. 77% of retailers have implemented IoT in some form, with 81% of them reporting a positive return on investment. (Zebra Technologies)
   3. IoT-driven inventory management can reduce out-of-stock items by 50% and overstocking by 58%. (Microsoft)

   A powerful retail store manager app should seamlessly integrate with IoT devices and systems to enable real-time tracking, automated replenishment, and predictive maintenance.

Conclusion:

The future of retail store manager apps is promising. It is driven by mobile-first approaches, integration with AI and ML, enhanced data analytics, and IoT integration. These trends offer opportunities for businesses to streamline operations, improve decision-making, and enhance customer experiences.

 
NextBee’s Retail Store Manager App embraces these technological advancements to help retail brands stay ahead of the curve. You can leverage our retail store manager app to gain a competitive edge in the evolving retail landscape.

 
Want to see how it works? Contact us now for a free demonstration.