Over the last few years, mergers and acquisitions have been a widespread trend among vendors, which has an impact on the retail
industry as a whole and the RIS Software LeaderBoard in particular. A favorite annual retail industry technology report.
Post Thanksgiving at Holiday sales halftime scores suggest that e-commerce is gaining share with a particularly strong reliance on mobile commerce. Retailers are also tapping into more emerging technologies, from augmented reality to robots, in an effort to win shoppers and improve profits. New Research from Bain & Co.
The key themes and takeaways uncovered in the Progressive Grocer / RIS News study include: How & why tech budgets are increasing; Identifying services & technologies that reach omnichannel shoppers & provide a competitive edge; Recommended tech purchases that improve management of labor/workforce, store systems, merchandise management, supply chain, analytics & digital commerce
As retailers begin to look at their stores as experience centers, they can feel certain that decorating their storefronts to the nines still fits into the modern holiday shopper’s schema. With nearly half of shoppers indicating that holiday in-store shopping is a tradition they will continue to perpetuate, retailers should optimize that preference as much as they can.
Signs still point to healthy spending, and Amazon once again has positioned itself to gain share. With an estimated market share of 7%–8% of Bain-defined holiday retail sales, Amazon is expected to capture about 50% of total holiday growth this season. - Bain & Company
The rapidly changing nature and scale of the risks retailers are now facing further undermines the applicability of the current ways in which losses are being defined and measured. This is particularly the case with the increasing use of new technologies and retail formats, which are generating new types of losses. A RILA sponsored by Adrian Beck..
Holiday retail spending is bucking trends this season with only one-third of holiday budgets going toward gifts. Online spending is expected to exceed in-store for the first time. In addition to gifts for others this year, spending on experiences and self-gifting increased.
The Economist paper analyses the results of the 2017 index, both overall and by each of the four categories: digital security, health security, infrastructure security, and personal security. Good report to plan global expansion. Four of top 10 in Asia.
Apparel’s annual report on RFID/IoT identifies the year’s most pertinent developments, shines the spotlight on industry leaders and offers guidance for investment decisions.
Google is the No. 1 place to work for the eighth time in 11 years. This is the twentieth anniversary of Fortune’s list, and 12 companies have made the cut every year, including Publix, REI and Goldman Sachs.
Growth has taken on a new form in the Age of You. As new dynamics emerge and change the shape of business by the minute, it demands new ways for organizations to harness and channel that change. But the world’s leading brands aren’t waiting for change to happen—they’re acting rather than reacting, growing rather than maintaining, and mastering Growth in a Changing World.
Geopolitical instability and the growing power of local & regional competition in emerging markets are forcing global retailers to rethink their strategies. From AT Kearney, a favorite annual report
E-commerce is set to be a more popular shopping channel than physical stores this holiday season, based on shopper numbers. Fully 82% of shoppers expect to buy holiday gifts online, while 77% expect to buy gifts in physical stores. The gap between planned online and in-store shopping is greater among younger age groups.
While many business pundits erroneously suggest the demise of traditional brick-and-mortar shopping, this study uncovers deeper insight from consumers – many say they miss their favorite stores and are worried too many stores will close. - RIS News & Tata
A lot has been made in the mainstream news about the death of retail. But it is fake news. The reality is retail has grown over $122b in sales in the US this year and retailers have opened thousands of stores more than they have closed. - Great IHL Services Report
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