Full Bio
Greg Buzek is the Founder, President and Principal Analyst of IHL Group and one of the Founders of the Retail Orphan Initiative (www.retailROI.org), a charitable foundation that seeks to help the 400 million orphaned and vulnerable children around the world. In 15 years, RetailROI has been involved in over 290 projects in 28 countries helping an estimated 311,000 children through clean water, education, computers, language training and care.
Noted by RIS News as one of the Top 10 Influentials in Retail and the National Retail Federation as one of “The List of People Shaping Retail’s Future“, he has a Masters Degree in Business Administration (MBA) from The Ohio State University, and 30 years of experience in retail market analysis, business planning, product development, and consulting with Fortune 500 companies. He is also a member of the Top 100 Retail Analyst Influencers from ReTHINK Retail.
Greg is frequently quoted in BusinessWeek, RIS News, CIO Information Network, Information Week, Supermarket News, Vertical Systems Reseller, Kiosk Magazine, The Wall Street Journal, Time Magazine, and the Washington Post and has been used as a retail technology analyst on NBC Nightly News, CBS News, and CNBC. In addition Greg has been a guest lecturer for the Wharton School of Business and Belmont University.
In 2011 The Congressional Coalition on Adoption Institute honored Greg with the first ever Paul Singer Award that recognizes business and governmental leaders for going above and beyond their defined roles to advocate for better adoption and foster care policies worldwide. Before founding IHL, Greg worked with NCR Corporation and Sensormatic Electronics as a marketing and development executive on hardware, software, and electronic security products for the Retail Industry.
Products & Services
Analyst Corner Articles
- OnDemand – Rethinking Self-Checkout: Can New Computer Vision Tech Reduce Shrink?
As retailers struggle to identify new technologies that will help combat the ever-increasing rates of consumer theft and shrink, many have turned to or are considering computer vision as a… Read more: OnDemand – Rethinking Self-Checkout: Can New Computer Vision Tech Reduce Shrink? - Navigating the Security Landscape: Key Challenges for Medium-Sized Retailers
Medium-sized retail businesses often find themselves in a unique position. They have outgrown the vulnerabilities typical of small enterprises but have not yet achieved the more robust security infrastructure of… Read more: Navigating the Security Landscape: Key Challenges for Medium-Sized Retailers - RFID’s Striking Impact on Sales and Profits
We (IHL Group) recently released new research that sheds light on an old technology. After interviewing 209 major brands post pandemic, RFID is showing a massive impact on the financial… Read more: RFID’s Striking Impact on Sales and Profits - OnDemand – Retail’s Hidden AdvantageAs sales growth slows and a true new normal takes hold, operational excellence is all the more critical for retailers to increase sales and improve performance. IHL data shows massive… Read more: OnDemand – Retail’s Hidden Advantage
In THe NEWS
Study Finds That Top Performing Mid-Market Companies Invest 285% More in Cybersecurity
Corsica Technologies has released an illuminating study that sheds light on the current landscape of technology outsourcing in midmarket companies. Conducted by IHL Group, a renowned market research firm, the study delves deep into the challenges faced by midmarket organizations and the strategic solutions they deploy to meet their technology needs.
3DLOOK Announces Innovative Partner Ecosystem to Revolutionize Fashion Retail and E-commerce
3DLOOK, a leader in AI-powered mobile body scanning and virtual try-on solutions, is proud to announce the launch of its new Partner Ecosystem.
Is AI the Next Frontier for Macy’s New CMO?
IHL Sees Potential for $7.5 Billion in AI-Driven Business Gains Through 2029 — Will Macy's new CMO Take This On?
Study: AI will have a $580 billion impact on Amazon and Walmart
Two retailers will account for close to 40% of an expected windfall from radical industry transformation caused by artificial intelligence (AI). According to the new Retail AI Readiness Index from analyst firm IHL Group, the top 212 North American public retailers and restaurants could see over $1.5 trillion in additional financial impact through 2029. Amazon and Walmart are expected to account for more than $580 billion, or 38.5% of the total.
Top 10 Contactless Trends to Watch in 2022
As it did with many other aspects of retail, COVID-19 gave a major boost to touchless technology applications — and enthusiasm for these solutions will continue even after the pandemic has waned, according to Greg Buzek, Founder and President of IHL Group. “The desire is still there to do touchless, but for different reasons than COVID safety,” he said during a presentation at the 2021 retailX conference in Chicago. “Retailers had wanted to do this before as a way to save on labor costs.”