According to the findings of a survey conducted in June 2022, around a third of grocery retailers in the United States and the United Kingdom believed that their customers would opt for other merchants if they did not make digital price tags or smart shelf tags available to the consumers. This opinion had a similar share among convenience store and pharmacy retailers.
Share of U.S. and UK retailers that think consumers would switch merchants if they did not offer digital price tags or smart shelf tags as of 2022, by retailer type
Characteristic
Share of retailers
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* Survey sample includes 151 retailers in the United States and 149 retailers in the United Kingdom with at least 50 store locations representing the general retail, grocery retail, pharmacy and convenience retail and new or used automobile sales segments. The merchants in the U.S. had at least 1 billion U.S. dollars in annual revenues and those in the UK had at least 100 million British pounds (127 million U.S. dollars)
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PYMNTS. (October 4, 2022). Share of U.S. and UK retailers that think consumers would switch merchants if they did not offer digital price tags or smart shelf tags as of 2022, by retailer type [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1356413/retailers-opinion-on-offering-smart-tags/
PYMNTS. "Share of U.S. and UK retailers that think consumers would switch merchants if they did not offer digital price tags or smart shelf tags as of 2022, by retailer type." Chart. October 4, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1356413/retailers-opinion-on-offering-smart-tags/
PYMNTS. (2022). Share of U.S. and UK retailers that think consumers would switch merchants if they did not offer digital price tags or smart shelf tags as of 2022, by retailer type. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1356413/retailers-opinion-on-offering-smart-tags/
PYMNTS. "Share of U.S. and Uk Retailers That Think Consumers Would Switch Merchants If They Did Not Offer Digital Price Tags or Smart Shelf Tags as of 2022, by Retailer Type." Statista, Statista Inc., 4 Oct 2022, https://www.statista.com/statistics/1356413/retailers-opinion-on-offering-smart-tags/
PYMNTS, Share of U.S. and UK retailers that think consumers would switch merchants if they did not offer digital price tags or smart shelf tags as of 2022, by retailer type Statista, https://www.statista.com/statistics/1356413/retailers-opinion-on-offering-smart-tags/ (last visited August 25, 2024)
Share of U.S. and UK retailers that think consumers would switch merchants if they did not offer digital price tags or smart shelf tags as of 2022, by retailer type [Graph], PYMNTS, October 4, 2022. [Online]. Available: https://www.statista.com/statistics/1356413/retailers-opinion-on-offering-smart-tags/