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.
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
Retail transactions are some of the oldest human activities. To spur trade and create wealth, explorers have plied the world’s oceans and have traversed the globe’s landmasses. The next arena of exploration
Brick-and-mortar retailers continue to declare bankruptcy at an alarming rate. Ben Unglesbee (@Ben_RetailDive) and Cara Salpini (@CaraSalpini) bluntly write, “Last year was a dismal one for certain retailers. Those ‘certain’ retailers include
If you live in the United States, you know that today is Black Friday. Black Friday always falls the day after Thanksgiving and traditionally marks the beginning of the holiday shopping season.
“A decade ago,” writes Stephanie Strom (@ssstrom), “C. K. Prahalad, a University of Michigan business professor, in his book ‘The Fortune at the Bottom of the Pyramid,’ detailed the potential [of low-income
In Part 1 of this two-part series, I discussed some new tactics being tried by brick-and-mortar retailers to halt the erosion of their sales to online retailers. At the end of yesterday’s
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