Quick Glossary: Retailtech
Retail technology, a.k.a. retailtech, continues to be the driving force behind the changing retail landscape today. Some of the newest developments include scan-and-go checkouts, visual outfitting software and digital price tags.
While these retailtech developments are exciting, the entire sector is also filled with jargon and acronyms that are difficult to decipher.
This glossary, written by Kara Sherrer for TechRepublic Premium, presents more than 90 key retail tech concepts to help your understanding.
Featured definition from the glossary:
Drop shipping
Term that describes a retailer who transfers an order to a manufacturer, and then the manufacturer ships the goods directly to the customer. The retailer never keeps the actual products in stock in their own warehouses and essentially acts as an e-commerce portal middleman.
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