Covid-19 has accelerated a long-term retail trend: millions more shoppers are buying online instead of istore. But while physical visitor numbers have fallen, the pandemic has created vast opportunities for retailers to rethink their brick and mortar assets.

In fact, we can already see several positive impacts:

  • Instore shopper numbers are down, but conversion and average transaction values have risen. Those visiting stores are intent to purchase.
  • Retailers are embracing new payment technologies including cardless and contactless which accelerate purchases and limit human interaction
  • Restrictions on occupancy is causing retailers to rethink store displays, payment points, and their wider physical footprint
  • Retailers are embracing new shopping journeys including Buy Online Pickup Instore, and experimenting with ways to increase basket spend and personalize journeys to increase loyalty at every touchpoint

Physical stores are a primary point of differentiation for legacy retailers. There may be fewer customers instore, but that doesn’t have to mean a fall in profits.

Read our whitepaper to see how Flooid’s wide network of innovation partners, including collaborators like Intel and the Open Retail Initiative, are helping retailers to:

  • Save the sale with endless aisle
  • Increase basket spend and average transaction values
  • Use mobile POS for queue busting and flexible checkout
  • Personalize sales
  • Attract customers instore, while allowing them to feel comfortable by limiting staff interaction and the proximity of other consumers.

Read our whitepaper to find out more

Flooid travaille avec certains des plus grands détaillants mondiaux. Si vous souhaitez en savoir plus sur les capacités de Flooid,veuillez nous contacter.

  • 5th June 2024

    The role of cash in a changing retail landscape

  • 24th May 2024

    Flooid fast-tracks collaboration in new home

    Flooid Blog - Retail Platform and Solutions

  • 15th May 2024

    Flooid opens new UK home

    Flooid Blog - Retail Platform and Solutions

  • 23rd April 2024

    Flooid and Deliverect: Innovating the way retailers serve their customers

    Flooid Blog - Retail Platform and Solutions

  • 12th April 2024

    Why retail needs to rethink SCO

    Flooid Blog - Retail Platform and Solutions

  • 25th March 2024

    Ryan Bryers Talks ROI at RTS

    Flooid Blog - Retail Platform and Solutions

  • 21st February 2024

    Flooid returns to the Retail Technology Show

    Flooid Does

  • 16th February 2024

    Flooid Announces Three-Year Partnership with PMC to Enhance Customer Support

    Flooid Blog - Retail Platform and Solutions

Want to see more?