January 13, 2018
Retailers plan to increase their overall Enterprise IT spending for the coming year by 5.6%, which is up from last year’s 4.5%. They expect to increase their Store IT spending by 5.8%, which is up from last year’s 4.7%. - RIS / IHL study
January 07, 2018
In 2018, an important tipping point will be reached when, for the first time, more than half of apparel and footwear sales will originate
outside of Europe and North America. McKinsey & Company
December 31, 2017
From bankruptcy filings to store closures to the most unlikely M&A deals, this year has been packed with more than a handful of surprising events and unexpected announcements. Good summary from Fung Global Retail Tech.
December 24, 2017
Welcome to the 2018 edition of Vend’s list of top retail influencers! This year, we’ve expanded the list to 100 influencers (instead of 50) to add more individuals outside of North America and to ensure that we include the most well-deserving folks in the retail industry.
December 16, 2017
Organized Retail Crime (ORC) costs retailers an average of $726,351 per every $1 billion in sales. 94.6% of retailers victim of ORC last 12 months. Latest NRF report.
December 09, 2017
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.
December 02, 2017
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.
November 25, 2017
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
November 18, 2017
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.
November 11, 2017
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
November 04, 2017
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..
October 28, 2017
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.
October 22, 2017
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.
October 15, 2017
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.
October 07, 2017
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.