Have you ever wondered how many times and where each of us in USA is filmed by a security camera each week? A new research study has the answers. -from TDInsights Live
Livestreaming hits multiple major disruptive chords critical to the future of retail. Over the last three years this new retail ecommerce model has grown 453% and in 2020 will reach $129 billion.
Of the 253 total retail fatalities in the first half of the year, 28% were suspects, 40% were customers, 26% were associates, and 6% were law enforcement / security personnel. -from TDInsights Live
Pre-COVID-19, RFID in apparel was on a roll. Volumes finished at 10.3 billion at the end 2019, up 18% from the previous year. -from TDInsights Live
Post COVID-19 digitization will increase across harmonized retail channels. Online will need to keep searching for the human connection. Four technologies will increase in their importance.
Amazingly in just these two months, more money was spent online than the last 12 Cyber Mondays combined. What are the top 5 activities that stressed consumers miss most? -from TDInsights Live
Contrary to popular beliefs, all retail sales are NOT moving online. For USA, various forecasts have ecommerce reaching 20% to 21% of industry sales in 2020. -from TD Insights
Facial recognition is now in use in 98 countries, 12 others have approved it, and only 3 have banned it. Greater legislative scrutiny is needed in clarifying the rules and regulations of it.
In the lockdown phase, $250 billion in revenue was transferred from smaller companies that were forced to close to large companies that continued to stay open. -from TDInsights Live
As a first guest in this new video podcast produced by Tim Moore, Director of Global Loss Prevention at Swarovski, I examine the post COVID-19 "new normal".
Digital transformation is ahead that requires intensified focus on innovation, continuous learning, and stepping up your communication skills.
COVID-19 was an unexpected shock to global economic order. Much like a war, this health crisis will change how you work, go to school, have fun, and even how you shop. -from TD Insights
The future of retail was on display at the NRF Big Show in New York earlier this year. From that industry leading event, here are the top 3 disruptive innovation takeaways.
My current 3 primary emerging technology focus areas that are disrupting the future of retail. Foundational Internet-of-Things elements that will deliver a smarter more profitable retail store.
The robot revolution is here: As consumers continue to demand efficient and better-connected experiences, retailers are responding with a number of AI-driven innovation projects.
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