U.S. retailers see increased need for ‘digital transformation’

Approximately 75 percent of U.S. retailers say the need for digital transformation has increased since 2016, according to a new report, “A World in Motion: Retail Digital Transformation Across the Globe, and the Technology Supporting It.” The report is from Tech., a collaboration between Retail Week and the World Retail Congress.

The U.S. response rate was lower than the response from France (100 percent), Germany (90 percent) and the United Kingdom (88 percent).

Global retail-sector technology spending will jump by 3.6 percent year-on-year to reach approximately $203.6 billion in 2019.