Food Retailers to Boost IT Spending 3.1%: IDC

Spending on information technology by food stores worldwide will increase by 3.1% to $15.6 billion this year, according to a new report from IDC Global Retail Insights here.

FRAMINGHAM, Mass. — Spending on information technology by food stores worldwide will increase by 3.1% to $15.6 billion this year, according to a new report from IDC Global Retail Insights here.

“Grocers will need to continue to innovate to meet consumers’ needs,” said Leslie Hand, research director for IDC Retail Insights and a co-author of the report, “Worldwide Retail Industry 2010, Top 10 Predictions.”

Overall, the report predicts that despite the sluggish economy, “

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