Las Vegas — Innovation is not just for the big boxes. And that’s the defining message that shaped the announcement of the winner of the Reimagine Retail contest, a challenge to independents to dream up a compelling future for their store.
We do have a general sense of what most retailers would improve. Polling results pointed to 87% tech, 75% employees, training and retention, 68% to store design, and 65% to new products.
To enter, retailers had to submit a 500 word (or less) essay explaining how they would improve their store with $100,000. And out of what National Hardware Show VP Rich Russo said were more than 100 entries, only one would walk away with the money to put where their mouth is.