Accelerating retail growth in a shifting industry
A new world for retailers
While retailers have long learned to embrace disruption, navigate the ever changing landscape of customer habits, and embrace new technologies to get ahead of competition, COVID-19 has created a new set of challenges the retail industry has never seen before.
McKinsey reported that in a matter of 90 days, we jumped forward 10 years in United States e-commerce penetration.¹ U.S. online sales for September increased 43% year over year, reaching $60.4 billion, according to Adobe Analytics. With the holiday shopping season around the corner, retailers have to balance delivering unique customer experiences while modernizing IT systems to meet the rapidly changing environment. Deloitte believes that modernized IT systems can help retail and consumers thrive post-COVID-19 and offer growth opportunities to businesses that are powered by agile, modern technologies like cloud computing, analytics, and mobility.
New trends are emerging around protecting employees and customers, spurring new products and partnerships that help businesses thrive while protecting IP. Box has partnered with leading retailers and brands around the world to help drive such innovation by introducing the All New Box experience. With features, including improved UI, Collections, Annotations, a streamlined Zoom integration and more simplicity than ever, Box allows you to unleash your best work across both individuals and teams.
In the workplace, productivity is defined by efficiently completing your tasks to meet your goals. But with more files across more tools, it’s become even more difficult for users to do their jobs effectively. Whether it’s finding a file or organizing and prioritizing work, being productive often boils down to simply reducing the distractions to help you get to the information you need. In this pivotal year for retail, Box has rolled out a few key features to help retailers do their best work.