No segment has seen more change in recent years than the Grocery industry. This has led to an exponential increase in IoT solutions for the retail environment ranging from mobile devices to ESL’s to new cameras and freezer sensors. Recently Courtney Radke – Fortinet’s CISO for Retail/Hospitality and Greg Buzek – President […]
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While at the beginning of the pandemic we experienced severe shortages of some products due to panic buying and COVID shutdowns, this summer it is becoming even more critical for retailers to have supply chain visibility and know what is going to come in when. This was one of the […]
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Grocery is transforming at a rapid pace. This infographic discusses the why and the how.
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In athletics, one of the key qualitative metrics quoted about the best players is not just that they have the most goals, most touchdowns, or most sacks, but they make everyone around them better. In military discussions, leaders refer to weapons or technology that increases the efficiency and effectiveness of […]
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Desperate times call for desperate measures. The acute supply chain issues faced by US retailers has led three of the world’s largest companies to announce an unprecedented new supply chain initiative to enhance national security. The new relationship has been formed to not only share supply chain insight but includes […]
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The pandemic changed the grocery industry permanently. The good news is that the pandemic has accelerated technology investments that were long overdue. The bad news is the peak and surge exposed many issues that were hidden before. And as long as these problems are not fixed, the margin erosion […]
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For the last 12 months, US retailers have been riding the gravy train (24 months for grocery and mass merchants). Sales growth has been in the high double-digits in many sectors thanks to strong comparisons to early COVID months the year before, multiple rounds of government stimulus and consumers that […]
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Every year IHL conducts a study to see which vendors have the most momentum in retail and hospitality for 2022. This year over this included 241 retail brands in North America, with 40% of them over $1b in sales annually. We asked the respondents to tell us who they are […]
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Point-of-Sale shipments rebounded in 2021 with rapid growth of 17.3% year to year as retailers and restaurants opened and remodeled stores as the market continues to adjust to pandemic and endemic realities according to the 2022 North American Retail POS Terminal Study from IHL Group. “The new POS is more […]
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In the last two years we have seen a once-in-a-generation jump in IT spend. In fact, in our latest study showed that benchmarked IT spend grew as a percentage of revenue as much as 40% since the beginning of the pandemic. General Merchandise Retailers (GMS) reported that they plan to […]
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