Analyst Corner
OnDemand – Retail’s Hidden Advantage
As 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…
OnDemand – Strategic Outsourcing of Cybersecurity and IT
Midmarket companies face many challenges but often lack the resources, expertise, or time to manage their IT infrastructure andcybersecurity effectively. This is where managed services and managed security services providers…
OnDemand – Beyond Just AI – What We Learned at NRF
In this webinarJeff RosterofThird Eye AdvisoryandLee Holman, Jerry Sheldon and Greg BuzekfromIHL Groupprovide a brief holiday and economy update, then discuss Loss Prevention, RFID, Computer Vision, Self-Checkout, GS1 and the…
Retailers That Use AI Enjoy Over 2x Sales Growth and Nearly 3x Profit Growth Compared to Competitors
A new study conducted by IHL Group reveals that retailers who have already embraced Artificial Intelligence (AI) and Machine Learning (ML)are experiencing remarkable success, with sales growth rates for 2023 over…
Retail Sales Leaders Growing IT Spend 3.8x Average Retailers
Those retailers with 2023 sales growth greater than 10% are planning to increase their IT spend in 2024 by 16.2% compared to average performing retailers at 3.6% spend growth, according…
Macy’s Could See Over $7.5 Billion in Additional Business Gains from AI Through 2029
New research projects increased sales opportunities, improvements in gross margins, and lower expenses due to AI Readiness NASHVILLE, TN, US, December 1, 2023 – Department store chain Macy’s, Inc. could…
Retailers’ Top IT Priorities for 2024
The retail landscape is undergoing a significant transformation, with technology playing a pivotal role in driving growth and operational efficiency. Our recent study is titled "Winning the Race of Innovation",…
Network Speed and Reliability: Significance for Tier 3 Retailers
The retail landscape, driven by technological advancements and changing consumer expectations, is evolving at a rapid pace. As the market moves towards more cloud and AI-driven solutions, Tier 3 retailers…
Retail Innovation: A Tier 1 Priority
In the dynamic landscape of retail, innovation has emerged as a top priority for Tier 1 retailers. Clearly, retail innovation drives their competitive edge and long-term success. The year 2023…
HUGE change in Retail Data – Thank You CNBC, NRF and Affinity Solutions
Today a groundbreaking new service was announced by CNBC, NRF and Affinity Solutions to provide a near real-time view of consumer spending. If you have followed IHL at all, you…