Mobile technology is disrupting retail by influencing consumer purchasing behavior. Location-based services and mobile payments are emerging, with 70% of smartphone owners using their devices to research products and services nearby and make purchases within an hour. Retailers are learning to design mobile-optimized experiences from early adopters like Nike and Burberry. The future of retail involves frictionless mobile payment systems, location profiling of customers for contextual offers, and mobile-enabled social connectivity within brand ecosystems. Mobile is transforming how consumers discover, learn about, and purchase products anytime, anywhere.