Technology

Predictive Analytics, Omnichannel Fulfillment Help ALDO Group Be More Profitable
July 16, 2018 at 11:08 am

With 3,000 points of sale in over 100 countries around the world, ALDO Group, a designer, manufacturer and retailer of footwear and accessories, sought a solution to help it better optimize its inventory across its online and offline sales channels. After a thorough vetting process, ALDO announced that it was partnering with Celect, a predictive…

How Virtual Reality Can Revolutionize Retail
July 11, 2018 at 10:57 am

I was asked to write about how virtual reality (VR) applies to retail about a month ago and really didn’t have much to say on the subject. Now that time has gone by, I’ve seen some exciting new things that can be used in retail. I recently connected with a company that offers credit card…

California's New Consumer Privacy Law Facing Backlash From Retailers
July 2, 2018 at 2:21 pm

California’s new consumer privacy law is facing a backlash from businesses, including retailers, across the U.S. that contend the law will hurt their businesses, according to a report in The Wall Street Journal. The California Consumer Privacy Act of 2018 grants consumers more control over and insight into the spread of their personal information online, creating one…

Embracing AI and Robotics Automation in the Supply Chain
June 29, 2018 at 11:52 am

The traditional supply chain model is being upended, shifting from one designed for relatively standardized products to one that's highly complex and data driven. These shifts demand mass product customization, more accurate supply chain planning, and faster multichannel retail responsiveness that go far beyond the abilities of the typical workforce and infrastructure. While this may…

Amazon to Help Individuals Build Their Own Delivery Companies
June 28, 2018 at 12:57 pm

Amazon.com announced today the launch of a new offering designed to help individuals build their own companies that deliver Amazon packages. With the offering, Amazon will provide an active role in helping interested entrepreneurs start, set up and manage their own delivery businesses, even with little or no logistics experience. Amazon will offer the  couriers — who…

Retail Survival of the Fittest
June 27, 2018 at 12:28 pm

With 3,000 points of sale in over 100 countries around the world, ALDO Group, a designer, manufacturer and retailer of footwear and accessories, sought a solution to help it better optimize its inventory across its online and offline sales channels. After a thorough vetting process, ALDO announced that it was partnering with Celect, a predictive […]

How AI Can Help Prevent Fraud and Save Retailers Millions
June 27, 2018 at 11:15 am

One of the most pressing concerns that keeps retail professionals up at night is how to combat fraud. Retailers could lose upwards of $71 billion from fraudulent online transactions over the next few years, yet some executives feel that publicly acknowledging a fraud issue would harm their brand. As a result, there's a lack of…

POS Buyer’s Guide: Choose the Right Point of Sale System for Your Business
June 26, 2018 at 12:50 pm

With 3,000 points of sale in over 100 countries around the world, ALDO Group, a designer, manufacturer and retailer of footwear and accessories, sought a solution to help it better optimize its inventory across its online and offline sales channels. After a thorough vetting process, ALDO announced that it was partnering with Celect, a predictive […]

Retail Trends Impacting Customer Experience in 2018 and Beyond
June 26, 2018 at 11:25 am

The retail landscape continues to change in dramatic ways, and retailers that want to stay relevant must evolve quickly. For guidance, just look back at the course of the past year to how shoppers’ expectations and engagement preferences are transforming. In March 2018, retail sales totaled $494.6 billion, according to the U.S. Census Bureau. This was…

Truth, Trust and the Future of Commerce
June 20, 2018 at 10:48 am

This report examines how the activities traditionally associated with commerce are being disrupted and transformed by innovations that will redefine how we produce, distribute, market and consume products and services. Our analysis points to a redefinition and upgrade of commerce practices around rapid technological, operational and societal shifts that are already disrupting how we experience reality as well as what and who we trust. It offers a view into the future of commerce.