The Retailer’s Holiday Checklist: 4 Secrets to Success This Holiday Season
The NRF forecasts that holiday sales will hit as much as $720.89 billion this year, which promises retailers a merry holiday season. A healthy job market and buoyant economic conditions will likely contribute to [...]
What Every Retailer Needs to Know About Artificial Intelligence
What is Artificial Intelligence?Although the term artificial intelligence may evoke futuristic Hollywood-inspired images of humanoid robots and supercomputers, the actual definition of the term is quite simple. Wikipedia defines artificial intelligence (or AI) as “intelligence [...]
How can retail analytics influence the customer journey?
Do you remember when shopping online was far from being the hassle-free experience it is today? Up until the early 2000s, connecting to the web made an odd crackling sound, loading pages could take [...]
6 Interesting Facts You Didn’t Know About Retail Analytics
To give customers the personalized, attentive treatment they deserve, retailers need to gain control over the vast amounts of data they possess to put it to good use. Retailers have access to more data than [...]
What is open-to-buy planning and why does it matter?
Embracing constant change and delivering outstanding customer experiences is critically important in the face of today’s increasingly informed and fickle consumer. And one thing’s for sure, retail is not for the faint-hearted. Retailers face [...]
20 Facts You Need to Know Now about Digital Transformation and Innovation in Retail
Driven by changing consumer behaviors and expectations, disruptive technologies, and macroeconomic influences, the retail industry is currently undergoing a phenomenal renaissance. Much has been written about the struggles that traditional brick-and-mortar retailers have faced, [...]