There is something almost quaint about the word “marketplace.” It conjures up images of people hawking spices and fruit from busy stalls as pedestrians stroll past in a leisurely manner. Those days are almost entirely gone. Today’s consumers typically aren’t at a bazaar. Nor are they headed to a row of small shops on Main Street or driving out to the large suburban mall to window shop. Instead, an ever-increasing amount of the time, they are online.
As mobile wallets and other cash alternatives are introduced, the trend raises the very real question of whether cash needs legislative protection. In a growing number of municipalities and states the answer is yes.
Guest Column |
By Angela Myers, Market America | SHOP.COM
In the age of e-commerce, customers expect their products to be delivered quickly and with accuracy. Staying up to date on supply chain management technology can be the gap between fulfilling orders at an average rate and delivering orders at the quick pace your customers crave.
By Deborah Weinswig, Fung Global Retail & Technology
While challenges are significant and may take time to resolve, retail stands to be greatly improved by the application of blockchain technology. Particular security concerns such as the risks associated with operating centralized databases, the risk of third parties counterfeiting branded goods, and supply chain opacity all have an answer in blockchain technology. Looking further into supply chain, it can also help to resolve incompatible databases across different supply chain nodes.