AI/ML
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…
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",…
OnDemand – AI in Loss Prevention Webinar
AI in Loss Prevention In this webinar Greg Buzek from IHL kicks things off with a comprehensive global retail economic overview. He was joined by Brian Brinkmann, the Chief Product…
The AI Impact on Retail Sales Growth
The retail industry is undergoing a profound transformation, largely driven by the increasing adoption of AI/ML technologies. This blog post delves into the transformative impact of AI/ML on retail sales…
OnDemand – Charting the AI-Driven Transformation of Grocery
Charting the AI-Driven Transformation of Grocery The transformation of the grocery industry is no longer a future concept; it is happening now. With the convergence of technology, data, and the…
Analytics in the Retail Enterprise: Paving the Way for the Future
Retail Analytics In today's retail environment, understanding data is no longer a luxury but a necessity. The rapid growth of e-commerce, evolving customer behaviors, and the sheer amount of data…
OnDemand – The Good, The Bad, the Ugly – Inventory Distortion
Retail Inventory Distortion - Out-of-Stocks and Overstocks IHL has been tracking retail inventory distortion and the true cost of retail out-of-stocks and overstocks for 17 years. Inventory distortion worldwide is…
Data Wednesday – AI Impact in Retail Segments – Not All Are Created Equal
When it comes to the AI impact in retail segments, not all are considered equal. The economic benefits of AI/ML and Generative AI will be unequally distributed according to the…
OnDemand – Retail’s $9.2t AI Retail Revolution
Retail's $9.2t AI Retail Revolution AI is set to revolutionize the retail and hospitality industries, with IHL forecasting an astounding $9.2t AI retail revolution. This disruptive force, comparable to the…
This Changes Everything in Retail…Almost
In late March, New York Times columnist Thomas Friedman shared a fascinating conversation he had with Craig Mundie, former Chief Research and Strategy Officer at Microsoft. The topic of discussion…