CIO

MARCH 31, 2023

The retail industry is transforming rapidly. Modern retailers rely heavily on automation for managing inventory, shelf design, customer service, and logistics. Technology is truly powering retail transformation, setting modern stores apart from traditional brick-and-mortar ones. Cloud Computing, Retail Industry

Retail 614

Retail Security Security Analysis 614

CIO

APRIL 20, 2023

Retail organizations face an urgent need to accelerate digital transformation efforts in response to economic insecurity, persistent inflation, and growing consumer price sensitivity. With cloud adoption, retailers have been successful and with emerging artificial intelligence (AI) capabilities on cloud, they can break the barriers.

Retail 548

Retail Intelligence Intelligence Value Chain 548

CIO

APRIL 19, 2023

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Shanthakumar, Solution Architect – IoT, Retail Business Unit, TCS.

Retail 593

Retail Value Chain Hospitals Security 593

CIO

JANUARY 12, 2023

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. The workflows are built on Nvidia’s existing AI technology platform. The first non-Amazon supermarket to use the company’s technology opened in Kansas City in December.

Retail 473

Retail Loss Sales Algorithm 473

CIO

JUNE 23, 2023

With more than two decades of experience working in global consumer and retail companies, Piyush Chowhan is passionate for transforming businesses by leveraging technology. Chowhan: I’m a retail and consumer technology evangelist who loves to enable enterprise transformation. Digital Transformation, Retail Industry

Retail 325

Retail Algorithm Globalization Technology 325

Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. Data Analyst Solomon Nyamson wrote an article on Linkedin pointing out that predictive analytics tools like Sarima have made it easier than ever to forecast retail sales due to seasonal changes. Inventory management is also key.

Retail 281

Retail Management Predictive Analytics Sales 281

CIO

OCTOBER 30, 2022

Live shopping is one of the most exciting retail experiences in a long time. As shoppers become increasingly eager to buy via live shopping on social platforms such as Instagram and TikTok, retailers face new challenges: How to capture the shoppers’ attention on social media when the urge to buy hits?

Commerce 548

Commerce Retail Sales Management 548

Intelligence Node

APRIL 17, 2024

This shift has sparked a retail revolution with dynamic, data-informed pricing strategies and cutting-edge technology. The post The Crucial Role of Price Matching in Today’s Retail Landscape appeared first on Blog. The 2024 economic climate has heightened shopper price sensitivity. This surge in price consciousness among.

Retail 104

Retail Technology Technology Information 104

Tinuiti

DECEMBER 21, 2023

When I originally wrote this post in January 2021, retail media was seeing substantial gains across big box and specialty retailers. Looking back nearly three years later—with signal loss and cookie deprecation becoming more real and impactful each day—it’s clear that the importance of retail media will only continue to climb.

Retail 203

Retail Loss IT 203

Smart Data Collective

SEPTEMBER 7, 2021

During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Big data in retail help companies understand their customers better and provide them with more personalized offers. Key advantages of big data in retail. 4 real-life examples of retailers leveraging big data.

Retail 303

Retail Technology Technology Predictive Analytics 303

Intelligence Node

FEBRUARY 13, 2024

Delivering Unparalleled Digital Shelf Optimization Intelligence Node, a global leader in retail analytics, recently announced it is expanding its work to support retailer clients and third-party (3P) sellers, starting with. The post Intelligence Node Expands to Serve Marketplace Retail Clients appeared first on Blog.

Retail 104

Retail Intelligence Intelligence Globalization 104

CIO

SEPTEMBER 6, 2022

Its constituent companies later moved into high-street retail, launched new mail-order brands selling clothing on credit, and even created a consumer financial data broker, later spun off like so many of the group’s other non-core activities.

Retail 546

Retail IT Commerce Technology 546

Tinuiti

AUGUST 31, 2022

Retail media isn’t a new concept – but as with commerce overall, it’s been reimagined for the digital age. The immediacy and contextual relevance of those promotions such as those you might see in a grocery store have been translated into new online formats representing big business opportunities for brands.

Retail 298

Retail Commerce Business 298

Smart Data Collective

JUNE 15, 2022

Consumers today want retailers they do dealings with, to provide them with simplified and personalized services. The retail industry is expanding all the time. The retail industry is expanding all the time. Did you know that retail sales in the US are expected to reach $5.94 trillion in 2024, up from roughly $5.47

Retail 234

Retail Data Analysis Analysis Travel 234

Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. Take the time to evaluate your business model carefully and prioritize the right variables when trying to grow your retail business. Targeting the Right Variables for Your Data-Driven Retail Business Model.

Retail 259

Retail Loss Sales Capital 259

CIO

NOVEMBER 6, 2020

But, are retail IT organizations ready for a stay-at-home holiday season? With Covid-19 still keeping shoppers out of stores, data-driven technology is going to be more critical than ever this year to make sure customers enjoy a seamless path to purchase.

Retail 325

Retail Technology Technology IT 325

Intelligence Node

DECEMBER 14, 2023

As we step into 2024, the retail industry is poised to witness transformative changes. The post Retail Predictions for 2024: Navigating the Future of Shopping appeared first on Blog. These are shaped by evolving technology, stiff competition, and changing consumer preferences. To stay ahead of.

Retail 118

Retail Competitive Technology Technology 118

Intelligence Node

APRIL 13, 2022

The Digital Shopper & the Evolving Retail Landscape How has retail changed in the past few years? The post Leveraging Digital Buying Signals for Retail Success appeared first on Blog. While there are multiple right answers to this question, the most obvious one.

Retail 197

Retail Business 197

CIO

APRIL 12, 2024

The rural lifestyle retailer, with more than 2,200 stores across the US, caters to the needs of rural residents with a wide variety of products on its shelves. The use of AI in the retail sector is in the experimental stage, and many retailers have gotten only as far as using AI-powered chatbots on websites, Kodali adds.

Retail 566

Retail Commerce Knowledge Innovation 566

Intelligence Node

DECEMBER 8, 2023

5 Days to Superior Data Insights with Intelligence Node The New Retail Reality In today’s dynamic retail landscape, the ability to make informed, data-driven decisions is not just an advantage; The post Why Consulting Firms Need to Harness Advanced Retail Analytics appeared first on Blog.

Retail 104

Retail Advantage Advantage Intelligence 104

Smart Data Collective

JULY 23, 2021

They offer instant assistance to customers and leads, helping retailers get more sales. The perks of using chatbots for retailers. Such innovations may come with downsides of their own, but for you as a retailer, this is a great tool. The online world opens up opportunities for retailers to reach many people across the world.

Retail 330

Retail Sales Algorithm Gaming 330

CIO

APRIL 4, 2024

Rethinking physical retail strategy On Tuesday, AWS also downsized its team responsible for developing technology for Amazon’s physical retail stores. Bezos aimed to differentiate the company in the grocery market and eliminate waiting in lines, which he considered the worst aspect of physical retail.

Retail 687

Retail Competitive Positioning Globalization Competitive 687

CIO

APRIL 17, 2024

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change.

Biotech 694

Biotech Banking Retail Innovation 694

Intelligence Node

MARCH 7, 2024

Almost every shopper’s journey begins with a search, The post Influencing Choices: How Online Product Visibility is Evolving in Retail appeared first on Blog. In the digital age, where the battleground for consumer attention is fiercer than ever, “search” has emerged as the cornerstone of eCommerce.

Retail 104

Retail 104

Intelligence Node

JANUARY 24, 2024

A new year has begun, signaling a time for re-evaluation and strategic planning in the retail sector. The post The 2024 Consumer Behavior Trends : 40 Stats for Retail Success appeared first on Blog. This period is crucial for understanding evolving consumer preferences and integrating this knowledge.

Retail 104

Retail Knowledge 104

Intelligence Node

JANUARY 24, 2024

A new year has begun, signaling a time for re-evaluation and strategic planning in the retail sector. The post The 2024 Online Retail Guide: 40 Statistics for Strategic Success appeared first on Blog. This period is crucial for understanding evolving consumer preferences and integrating this knowledge.

Retail 104

Retail Knowledge 104

Intelligence Node

MAY 30, 2023

Retail Sustainability has become an increasingly critical concern for businesses in the 21st century as consumers, especially the younger generations, are becoming more conscious of issues such as pollution and. The post Using Data to Transform Retail Sustainability appeared first on Blog.

Retail 104

Retail Business 104

Intelligence Node

JANUARY 12, 2024

The post Evolving Retail Tech Strategies in the US Alcoholic Beverages Market appeared first on Blog. As of 2023, the revenue of the US Alcoholic Beverages market amounts to US$283.80 The segment already comprises a massive portion of the overall $331 billion US beverage market.

Retail 104

Retail Marketing Marketing 104

Smart Data Collective

DECEMBER 14, 2020

Retailers are struggling to keep up with a growing demand for online purchases. As such, retailers have an even tougher job of keeping on top of supply and demand. Using big data and analytics, retailers can more easily optimize their supply chains. Another vital component of many retail businesses is picking and packing orders.

Retail 275

Retail Management Commerce Analysis 275

CIO

DECEMBER 6, 2023

Retailers are pushing their customer service and supply chain systems to new limits in anticipation of record spending this holiday season. Just a year after the release of ChatGPT, gen AI is generating value in many different industries, including retail. Faster resolution times can save retailers time and costs.

Retail 646

Retail Commerce Benchmarking Globalization 646

Intelligence Node

JANUARY 16, 2023

2022 was a landmark year for retail- making retail predictions for the year 2023 a primary focus for strategists and retailers entering the new year. The post 5 Data-driven Retail Predictions for 2023 appeared first on Blog. Technology took the spotlight as.

Retail 104

Retail Technology Technology 104

Intelligence Node

NOVEMBER 20, 2023

As we approach November, the retail world buzzes with anticipation for Black Friday and Cyber Monday—the colossal pillars of annual consumer spending. The post Cyber Week 2023: Retail Trends Dominating Black Friday & Cyber Monday appeared first on Blog. A testament to their irresistible draw for consumers.

Retail 104

Retail 104

CIO

JANUARY 25, 2024

Retail: a more human-like shopping experience Juniper Research projects that customers will be spending $72 billion using retail chatbots by 2028. The downside: When a problem arises with a purchase, only 25% of shoppers feel understood by traditional retail chatbots, according to a recent Capterra survey.

Banking 645

Banking Retail Market Research Marketing Research 645

Intelligence Node

SEPTEMBER 1, 2023

The post The Definitive Guide To Predictive Analytics in Retail appeared first on Blog. Predictive analytics is the practice of using data analysis, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. It involves creating models.

Predictive Analytics 118

Predictive Analytics Retail Algorithm Data Analysis 118

Intelligence Node

JULY 20, 2023

Market Comparison Between Two Premier Retail Giants In the original report, Intelligence Node compared two of the largest departmental stores in the US- Macy’s & Kohl’s. Both these retailers have. The post An In-Depth Data Analysis of Macy’s and Kohl’s Retail Competitiveness appeared first on Blog.

Retail 104

Retail Data Analysis Analysis Competitive 104

Intelligence Node

NOVEMBER 6, 2022

2022 has been a transformative year in retail – and a changing retail landscape means retailers and brands must step up their game if they want to thrive in 2023. The post Preparing for 2023: Retail Trends to Watch Out for appeared first on Blog.

Retail 118

Retail Gaming 118

Intelligence Node

JUNE 28, 2022

The post 7 Ways to Drive Retail Growth as Inflation Peaks in the US appeared first on Blog. The ongoing Russia-Ukrain war, supply chain issues, surging demand, rising production costs, and the disruption caused by COVID-19 have all contributed to the inflation that has hit the US market.

Retail 189

Retail Marketing Marketing 189