Retail
Shifting Retail Operations and Generation Z Regardless of your stance on Generation Z, there’s no denying that they have power. They decide what trends are in and what trends are out (sometimes in a matter of days), they’re redefining the workforce, and they can rally together to take a stand. But more than just social […]
Image Recognition
How Does Image Recognition AI Monitor Retail Product Placement? Nearly everyone is familiar with the three most important factors to consider when buying property: location, location, location. However, what most people don’t realize is that this adage is also relevant to retailers and in-store product placement. After all, the space on the shelves of a […]
Compliance
What is Retail Pricing? If you’re like the 43% of American shoppers, you are loyal to at least one food or beverage brand. But have you ever been at the store and bought another brand of the same item because it was on sale or part of a BOGO deal for members? If you have, […]
Merchandising
What is Perfect Retail Execution? Have you ever gone out of your way to go to your favorite grocery store? Many Americans have, whether it’s for cleanliness, availability of a certain brand, or the offering of essential non-food products. 63% of Americans say that something as simple as a loyalty program influences where they shop. […]
MarketX
Overnight, the world’s frontline workers in essential retail emerged as the heroes they are during the COVID-19 pandemic, while furloughed workers from other retail sectors joined the 30 million Americans who have filed for unemployment since mid-March. Adapting to conditions that are changing by the hour, retailers have met customers in new channels, wrestled with supply chain, […]
Retail
Digital transformation, consumer demands for convenience, and Gen Z buying power proliferation have created waves of disruption for retail. As automated technology like chatbots and blockchain permeate the industry, the demand for elevated shopping experiences and human interaction are requiring retailers to adapt and experiment with technology that allows them to thrive online and offline. […]
Retail
We’ve previously written about how the “Retail Apocalypse” is overblown in the media, but the recent numbers are hard to ignore. Even if what’s been dubbed “the end of retail as we know it” isn’t as bad as they say it is, retail performance is in decline. The number of US store closings in 2019 […]