There are many criteria that have separated the winners since the beginning of the pandemic, but there is one technology that winning retailers are rolling out in 2021 at a rate nearly 9.5x the rate of others. You would think it is a new technology like AI/ML or something specifically […]
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Driven by multiple rounds of stimulus the US retail economy is starting to hum. But where are things going to be by March of 2022? Our recent 2021 Global Consumer Study looked at the timing and growth of the world retail economy. We have shared the global numbers in a […]
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Even prior to the COVID-19 global pandemic, retailers were already moving to a future with less friction. While there are already several small format stores that are fully frictionless, for most retail environments the future involves a combination of technologies that remove friction from the purchase process, but are not completely automated. Recently we released a […]
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Over 2.4 million merchants closed their doors permanently worldwide in 2020 due to the economic repercussions of COVID-19 lockdowns, with over 97% of those closings coming from retailers, restaurants and hospitality companies with fewer than 5 locations, according to new research from IHL Group. “While the pandemic has been challenging […]
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Even prior to the COVID-19 global pandemic, retailers were already moving to a future with less friction. While there are already several small format stores that are fully frictionless, for most retail environments the future involves a combination of technologies that remove friction from the purchase process, but are not completely automated. Recently we released a […]
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Retailers and restaurants are ramping up lobbying efforts in Washington DC to fight a proposed nationwide value-add-tax (VAT) similar to those used in the European Union recently proposed by the Biden administration. The nationwide sales tax would apply to both products and services (excluding medical services) and would fund infrastructure […]
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The initial data set of our global consumer study is in and our initial views have some really interesting data. The biggest challenge in the initial presentation is going to be limiting the revealed results to a manageable number. Just a reminder, deadline for sponsors to be in the study […]
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Covid-19 has changed grocery retailing forever. Trends that were slowly moving went into hyperdrive as retailers adjusted to click and collect and local delivery options. But these are only the tip of the iceberg for changes affecting the industry as they are hitting traditional solutions and even the overall technical architecture of the store […]
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Over 300 top retail brands were surveyed in terms of who they were increasing business with, decreasing business with, who they don’t do business with, or just as important – who they won’t do business with in 2021. Unlike some other rankings out there, this survey was hidden from the […]
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FOR IMMEDIATE RELEASE NEARLY 90% OF RETAIL SALES IN 2021 TO GO THROUGH LOCAL STORES ACCORDING TO NEW RESEARCH While retailers seeing rapid increase in digital sales, store locations are still key to retail success for order fulfillment NASHVILLE – January 12, 2021 – Despite the rapid rise in digital […]
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