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Trends and Predictions 2020: Retail
The big news in retail over the past two decades has been the rise of e-commerce which has resulted in the so-called retail apocalypse. Daphne Howland (@daphnehowland) reports any eulogies being written
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
The big news in retail over the past two decades has been the rise of e-commerce which has resulted in the so-called retail apocalypse. Daphne Howland (@daphnehowland) reports any eulogies being written
In some locales it might be turning cold outside, but holiday shopping is heating up. People often catch the holiday shopping fever in the days following Thanksgiving. Lisa Rowan reports, “The National
Although holiday shopping for many people began before Halloween, Black Friday marks the unofficial start of the holiday shopping season. Many retailers rely on brisk holiday sales to make their year profitable.
Anyone following the news knows the past few years have been difficult for bricks-and-mortar retailers. Aisha Al-Muslim (@AishaAlMuslim) reports, “The pace of retail bankruptcies and store closures in the U.S. has accelerated
The late Mohandas Karamchand (“Mahatma”) Gandhi, once stated, “A customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not
Retail Shrinkage is a serious retail challenge, especially when its causes can’t be accurately determined. Somewhere between 1.5% and 2.5% of revenue can be lost depending on the channel. For the last
An apocalypse is defined as an event involving destruction or damage on an awesome or catastrophic scale. Over the past several years, thousands of brick-and-mortar retail stores have closed in what has
The list of brick-and-mortar retail store bankruptcies continues to grow as the so-called Retail Apocalypse deepens. It has been estimated more than 20,000 storefronts have closed over the past couple of years.
By now, most people are aware of the spate of retailer bankruptcies and store closures referred to in the press as the Retail Apocalypse. “For years now,” writes Ryan Lester, Director of
I’m certain a lot retail executives wish they had the power to stare into a crystal ball and see the future. Such a gift would have spared many of their companies from
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