Month: June 2017

InfoComm 2017 – Orlando, FL

To no one’s surprise, the number of profitable retailers across the United States seems to be in  steady decline. Over two thousand stores shut down last year alone, although that’s nothing compared to 2008 when a record 6,000 stores closed permanently. Worse, if closings for 2017 continue on their current trajectory, shut-downs will surpass even those of 2008. Although Amazon.com can’t bear all the blame in this story, the simple reality is that between 2010 and 2014 the e-commerce industry grew by an annual average of $30 billion dollars. InfoComm challenges the idea that this decline is the end of retail: in fact, during such a bad year for retailers, this commercial AV event has had its biggest showing ever. Over 44,000 attendees packed into the event (a 14% increase since last year’s gathering held in Las Vegas). This huge turnout may signal the reinvention of retail: If stores are closing at such a dramatic rate, those that remain must face the need to create new experiences for customers, increasing their competitiveness in the marketplace. …