Retail Innovation Readiness
The Retail Innovation Readiness Index, powered by AEVI, offers a firsthand account of what drives retailers to invest in or forgo certain innovations. PYMNTS surveyed more than 400 retailers across nine different sectors in order to gauge innovation readiness.
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INSIDE THE OCTOBER INDEX
84.3 percent of retailers say they must innovate in order to stay competitive
61.7 percent of retailers believe innovation is necessary to increase sales
52.5 percent of retailers say they are “extremely” or “very” ready for innovation