Worldwide, COVID-19 is having disastrous impacts on consumer spending. IHL’s current forecast for consumer spending is a reduction of $1.6t in sales worldwide, just under 10%. And it is the smaller retailers losing the most by far. But not all segments are doing poorly. While Specialty Stores and Departments Stores […]
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A great deal of discussion has been had about the recovery curve to be expected in retail and hospitality. Will it be a V curve, an L shape or a NIKE Swoosh? Truth be told, you can make it look like whatever you want it to be to fit your […]
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Retailers are racing to complete a variety of last mile fulfillment options. Few are doing it profitably, but this is the biggest area of transformation in all of retail for 2019-2020. Solutions around helping retailers to optimize these processes are in great demand. And there is a major difference between […]
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All the mainstream press wants to say that stores are closing and stores don’t matter. But according to a recent study by IHL and RIS News of over 300 retail brands, stores will be involved in 86% of all order fulfillment in 2020 through traditional bricks and mortar retailers. Add […]
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Often used as to discuss religion, at its core the word heresy is a “truth about something that is taken to an untruthful extreme.” History is rife with examples of a principle or discovery for one thing that was then extended to an area it was never meant to be […]
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Amazon has changed retailing with Amazon Prime… how much? What percentage of the population has Prime. How do those shoppers react differently? And how must retailers respond in this new world. Click for webinar replay Download white paper Download the slides from the webinar For […]
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If you have updated your iPhone or iPad you might not have realized this change to the way the Control Center handles WI-FI and Bluetooth settings. In previous OS releases, when you turned off these settings in the Control Center, it actually turned off the radios. But the change in […]
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If you go to any trade show or look up a technology directory you see hundreds of vendors that promise that their products help increase sales for retailers. But which ones, once deployed, can actually show a correlation to increased sales? We’ve done the research. We looked at 30 categories […]
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I can confidently say that my very first exposure to artificial intelligence happened about thirty years ago. I was strolling through the computer engineering building on campus at Georgia Tech and happened onto a computer screen facing out onto the hallway. On the screen was a changing array of symbols […]
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FAKE NEWS, FAKE NEWS…. At the risk of going political on you, if you read the mainstream news after the latest US Department of Commerce report you see headlines like “Retail Apocalypse” and “Retail Death Spiral”. At best these show lazy reporting, at worst absolute fake news. Somewhere along the […]
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