Analyst Corner
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…
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…
Retail Innovation: A Tier 1 Priority
In the dynamic landscape of retail, innovation has emerged as a top priority for Tier 1 retailers. Clearly, retail innovation drives their competitive edge and long-term success. The year 2023…
HUGE change in Retail Data – Thank You CNBC, NRF and Affinity Solutions
Today a groundbreaking new service was announced by CNBC, NRF and Affinity Solutions to provide a near real-time view of consumer spending. If you have followed IHL at all, you…
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…
A View from the GK Software User’s Conference
I recently had the opportunity to speak at the GK Software User’s conference in Raleigh in late September. The event marked a significant milestone for GK, as it was their…
Navigating Legacy Systems Challenges for Tier 1 Retailers
In the fast-paced world of retail, Tier 1 retailers (those with annual sales of $1 Billion or more, who drive IT spending in the industry) face a unique set of…
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…