Title: Potential of Generative AI in the Retail Industry FOR IMMEDIATE RELEASE New Forecast Reveals Groundbreaking Potential of Generative AI in the Retail Industry: $9.2 Trillion Impact Expected by 2029 Generative AI technology projected to increase sales, improve product margins, and eliminate company inefficiencies. NASHVILLE, May 24, 2023 – Today, research […]
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NASHVILLE, April 27, 2023- The Mobile Point of Sale (mPOS) hardware market in North America is projected to grow by 8% in 2023, according to a recent report by IHL Group. The rise in restaurants and entertainment, as well as larger retailers looking at Mobile First for POS, are driving […]
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Everyone is excited about the opportunities of Generative AI. You have seen the data, ChatGPT is the fastest technology to hit 100m users of all time, doing in 2 months what took Facebook 4.5 years and the mobile phone 16 years to do. What you might not have considered is […]
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Title: Retail Gets Religion on Returns Introduction: In our Retail Gets Religion on Returns webinar you will uncover the complexities of retail returns and the impact of retail returns on businesses. Overview: In this webinar IHL’s Greg Buzek and Lee Holman start with an economic update, with a review of […]
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RFID is another one of those 25-year-old technologies that is now an overnight success thanks to changes to retail brought on by COVID. Where most of the energy has been focused on case-level RFID in the past, COVID changed the economics so that every unit item RFID became the greatest […]
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Title: Retail Analytics Webinar Our Retail Analytics Webinar outlines how retailers that are using predictive and prescriptive analytics are significantly outperforming retailers that are only using lower levels. This research looks at the growth in analytics, the types that are bringing the best bang for the buck and the advantages […]
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This is worth repeating as we have a lot of new people in the retail industry. I think we originally shared this in 2010, then again in 2015. Every year vendors spend thousands, even millions of dollars setting up booths, demos, and having parties around the National Retail Federation Big […]
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IHL Group is pleased to announce the publication of our Worldwide Order Management report. This is the 6th publication which began in 2016. The goal of this report is to provide the retail community with the most detailed and complete picture possible of the order management landscape. We do this […]
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Consumers say they are losing trust in their local retailers to be in stock for the items they want to buy. Around the world almost 50% of shopping has now moved online. Is that slowing down or increasing? Our latest survey results share the scary details. We will release the […]
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With rapid inflation, rising costs and new challenges from all directions, one technology stands out from our research that aligns with significantly higher sales and profitability for retailers. What technology gives the edge? Ironically, Edge Computing. IHL just began the data analysis of our latest research study of over 249 […]
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