In the context of retail digitalization, it's important to discuss retail ecosystems, as these offer a holistic approach to this transformation. A retail ecosystem is a network of companies, technologies, and processes designed to enhance the customer experience and increase efficiency in retail. Retail ecosystems enable retailers to optimize all aspects of their business processes, from sourcing to sales.  

RETAIL NXT aims to highlight the following seven aspects of retail ecosystems and address them with participants through various offerings: 

Hyperautomation:
Hyperautomation refers to the automation of business processes using technologies such as artificial intelligence and machine learning. In the retail ecosystem, hyperautomation can help automate workflows, thereby saving time and costs. Examples include automated ordering processes and automated warehouse management systems. 

Edge Ecosystems:
Edge ecosystems are a network of end devices and sensors placed near end users. In retail, edge ecosystems can help create personalized offers and thus improve the customer experience. Examples include personalized offers tailored to the customer's location or purchasing behavior. 

Supply chain security:
Supply chain security is a crucial factor for retailers. Within the retail ecosystem, the use of technologies such as blockchain and IoT can help enhance supply chain security and minimize the risk of fraud or counterfeiting. 

Retail Alliances:
Retail alliances refer to the collaboration of retailers to achieve common goals. Within the retail ecosystem, alliances can help increase negotiating power with suppliers and thus reduce costs. Furthermore, alliances can improve access to new technologies and innovations. 

End-to-End Retailing:
End-to-end retailing refers to the integration of all aspects of the retail business, from procurement to sales. Within the retail ecosystem, retailers can achieve seamless integration of their business processes by leveraging technologies such as ERP or CRM systems. 

Payment Solutions:
Digitalization has also changed consumer payment behavior. Within the retail ecosystem, retailers can improve the customer experience and increase efficiency in the payment process by offering various payment options such as mobile or contactless payments.