Future of retail hub launched at Sharjah Innovation Park

  • Date: 27-Apr-2021
  • Source: Gulf Today
  • Sector:Retail
  • Country:UAE
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Future of retail hub launched at Sharjah Innovation Park

Future of retail hub launched at Sharjah Innovation Park

3 hours ago

SRTI Park and PLM partnership is aimed at bringing together the best in the industry.

With industry disruption and innovation at the forefront, the Sharjah Research Technology and Innovation Park (SRTI Park) and PLM, a global design and technology company, has launched Retail R&D Experience Studio, a partnership for innovation in retail, aimed at bringing together the best in the industry.

"The future of retail will feature a high level of digital competition. Suppliers will boost direct-to-consumer relationships while traditional retailers need to cope with the market transformation to better serve their customers. Technology will continue to grow and shape business transactions as well as consumer behaviour. Those who can differentiate themselves will continue to survive and thrive,“ Hussain Al Mahmoudi, CEO of SRTI Park, highlighted at the launch of R&D Experience Studio.

Al Mahmoudi also invited business leaders and retail industry stakeholders to visit the Retail R&D (research and development) Experience Studio located inside SRTI Park for an interactive study on how the industry responds to the ever-changing wants and needs of consumers.

"The prevalence of technology will continue to grow and shape the business. We are glad to launch the Retail R&D