Between now and the time you finish reading this article, 120 truckloads of apparel will have been burned or buried in a landfill.The fashion industry contributes significantly to greenhouse gas emissions and creates massive amounts of waste. One study found that the footwear industry alone is responsible for 1.4% of ...
2023 is the year for retail media networks to take off, writes Lindell Bennett, chief revenue officer at Cooler Screens, a retail media tech partner for Kroger, Walgreens and others. As 2022 came to a close, the conversation in retail media centered around the opportunity for growth and evolution, particularly in digital. As we ...
Retailers have become accustomed to hearing that their industry is in a permanent state of flux. That doesn’t make it any less true. Or any easier to deal with.For business leaders in retail, the list of priorities keeps stacking up. Right at the top, there’s the need to kick-start the ...
Introduction Artificial Intelligence (AI) and Predictive Analytics are two of the most revolutionary tools in the retail industry today. AI is a term that describes computer systems that can learn, reason, and act like humans. Predictive analytics is the process of using data to predict future outcomes and trends. Together, these ...
While there is no certainty in retail, it's vital to know what to expect this year.There's been a global effort to get things back to "normal" as we recover from the COVID-19 pandemic. People are both hopeful and worried about the state of retail and the economy as we enter ...
A 2022 report suggests that the unified endpoint management (UEM) market is poised to reach $38 billion by 2028. This makes a compelling case for the adoption of UEM transforming any industry. The retail industry, in particular, has more cross-industry connections (logistics, warehousing, supply chain) than others. The number of endpoints ...
As consumer demand slows, the return of high-profile retailers in financial distress is a reminder of how vital trade credit is to the health and even viability of many store chains. It also shines a light on the financial threats of a flailing retailer to its suppliers.But the question of ...
Businesses that once thrived on e-commerce only are stepping into physical retail to keep shoppers loyal.Direct-to-consumer brands are going omnichannel.While e-commerce sales surged during the height of the pandemic, in-store shopping is officially back. Today, more than half (54 percent) of U.S. consumers say they prefer stores to websites, according ...
From artificial intelligence (AI) and machine learning (ML) to cryptocurrency payments, retailers are taking advantage of trending technologies to streamline operations, increase sales, and create a better customer experience.The world is turning the page and rewriting retail. After a tumultuous few years, the industry is moving from recovery mode to ...
Get in touch to get a free personalized curation.