The retail industry is one of the largest sectors in the world. The process of buying and selling goods has been around since the concept of money was introduced to mankind. Until now, the retail sector has not seen much change in the way trade is conducted. But in the coming years it may start bearing a new look resembling scenes from old science fiction movies. Bitcoin will also be included in this change, indicates a recent survey.
The survey was conducted by the research firm Infomentum in the United Kingdom. As part of the survey, employees working in the country’s retail sector were asked to participate in a poll where they were asked questions about the current and future outlook of the sector and the changes they are expecting in the future. responses from the participants were collected, analysed and published in the survey report titled “Beyond Digital”.
According to the report, people are expecting the face of the retail sector to change in the next 3-4 years. These changes are expected to be in the form of alternative payment methods, displaying and showcasing the products, mode of delivery and on-demand custom products.