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UK Retail Technology Trends 2023

From Cashierless Stores to AI Chatbots, Which Innovations Are Winning With Consumers?

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About This Report
The pandemic accelerated investment in CX technology to meet rapidly changing needs. But as consumer priorities shift again amid high inflation, UK retailers need to understand which technologies are hitting the mark and which are not.
Table of Contents

Report Snapshot

The pandemic ushered in a new digital age for UK retail and accelerated investment in customer experience (CX) technology to meet rapidly changing consumer needs. But shoppers have now returned to stores, and consumer priorities are shifting again amid high inflation and a cost-of-living crisis. To maintain growth in a competitive market, retailers need to understand which consumer-facing technologies are hitting the mark, and which are not.

Key Question: What do UK consumers think about emerging retail technologies, and where should retailers focus their investments?

KEY STAT: Cashierless checkout is one of the most widely adopted consumer-facing technologies, with 70.5% of UK adults either already using it or interested in it. But that drops to 57.5% of adults 55 and older.

Here’s what’s in the full report

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9charts

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Table of Contents

  1. Report Snapshot
  2. Retailers should invest in technology that delivers frictionless and personalized shopping experiences.
  3. When it comes to technology, age does matter.
  4. Immersive technology can elevate the in-store experience—but fast payment is a bigger priority.
  5. Self-service technology doesn’t always remove frictions.
  1. Cashierless technology has broad appeal—but “just walk out” stores are proving a step too far.
  2. Consumers are turning to smartphones to improve the in-store experience.
  3. AR technology is starting to catch on.
  4. Online checkout technology is helping tackle cart abandonment.
  5. AI is speeding up service and product discovery—but consumers remain cautious.
  1. What should retailers do next?
  2. Sources
  3. Media Gallery
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About This Report
The pandemic accelerated investment in CX technology to meet rapidly changing needs. But as consumer priorities shift again amid high inflation, UK retailers need to understand which technologies are hitting the mark and which are not.
Table of Contents

First Published on Jun 15, 2023

authors

Carina Perkins

Contributors

Suzy Davidkhanian
Principal Analyst, Retail & Ecommerce
Bill Fisher
Principal Analyst, UK
Angela Kim
Senior Researcher
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