Data will enable retailers to dynamically price their products and offer promotions in real time. To demonstrate how, Kurt Salmon’s Al Sambar took CNBC on a tour of the 1:1 Retailing Lab that Kurt Salmon created in partnership with Tyco Retail Solutions and Mobispoke (now Kurt Salmon Digital). The lab showcases technologies such as data-powered RFID tags, geofencing and iBeacons that, together, make the in-store experience more personalized than ever before.