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The Brutal Reality of Retail AI Economics
Remember when retail tech projects were fairly linear? You'd spend months or years selecting a new POS system, then years more implementing it. Those days are gone. The AI revolution…
The Hidden Enemy: Unmasking and Combating the Growing Threat of Retail Return Fraud
When we talk about the retail returns crisis, we're often focused on legitimate returns—the sizing issues, product dissatisfaction, or simple buyer's remorse. But lurking within those growing return rates is…
Why Your Retail Store’s Signage Is Secretly Sabotaging Your Sales (And How to Fix It)
The Hidden Sales Killer Lurking in Plain Sight You've spent thousands on inventory and marketing, but your store's signage could be silently driving customers away—here's why. Poor signage doesn't just…
80% of AI Projects Fail – Why? And What Can We Do About It?
Despite the immense hype and potential of Artificial Intelligence, Machine Learning and Generative AI, a staggering 80% of AI projects in organizations fail, according to research from Rand Corporation. As…
Lululemon, Home Depot, Chipotle, Walmart and Amazon Among Retail AI Leaders
IHL AI Readiness Index ranks public retailers and restaurants on AI readiness and potential financial Impact Artificial Intelligence is radically transforming retail as we know it today, according to new…
Where the AI Money Flows and When
Later today NVIDIA is releasing their latest financial results that should show crazy growth again. From an investment standpoint there seems to be an insatiable appetite for Investing in AI.…
The Job Market is Great, Right? Not So Fast My Friend!
You watch the news, read the reports, and the job picture is rosy… couldn’t be better. But that doesn’t jive with the reality that we all live in. What gives?…
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…