Personalized Physical Stores: The Future of Retail?

Personalized Physical Stores: The Future of Retail?

The rise of e-commerce brought with it a swath of retailers who could no longer keep their brick-and-mortar businesses afloat. In a struggle to stay relevant in this environment, many retailers are trying new tactics to get shoppers back into the store. One of the latest ways to enrich the shopping experience is by offering ... Read More
 
Real-World Uses of Big Data for the Retail Industry

Real-World Uses of Big Data for the Retail Industry

 Technology has changed the way retailers and customers interact. Gone are the days when a proprietor could “hang a shingle” and wait for business to come to them — today’s consumers expect to find what they are looking for online. A customer may not ever step foot into a retail establishment and yet remain a ... Read More
 
Five Trends Shaping the Future of Retail

Five Trends Shaping the Future of Retail

If we could predict the future, we might be more likely to turn to “Back To The Future”–esque betting rather than internet research about new retail trends — but we can’t. Instead, we do the best we can with the second option. Unfortunately, the retail landscape has a billowy dynamic: It can seem calm one ... Read More
 
How Technology Is Transforming Retail

How Technology Is Transforming Retail

The retail landscape is fluid, changing in response to each new technology. Its direction is limited by more than new technologies alone, however. Established models will be slow to change, if they change at all (think about how impossible it has been to incorporate the metric system in the United States, and you’ll get an ... Read More
 
Best Practices for Success in Retail

Best Practices for Success in Retail

Many big name retailers are collapsing, others are sailing smoothly, and a few more are actually growing. The market changes, and those too slow to adapt to new demands and standards lose business. The businesses who keep pace are those that successfully utilize big data and data analytics effectively. Oftentimes, specializing in whatever Amazon does ... Read More
 
Infographic: Brick and Mortar Retail Trends for 2018

Infographic: Brick and Mortar Retail Trends for 2018

Although ecommerce is certainly leading the game in retail, brick-and-mortar stores are far from death. In fact, the National Retail Federation has found that the number of physical retail stores grew last year by 4,000 in the U.S. Check out this infographic for more details, including trends for the industry in 2018…
 
How Retailers Are Working to Compete with Amazon

How Retailers Are Working to Compete with Amazon

In the world of retail, Amazon is the pack leader sporting a visible from space target on its back. The changes Amazon has made to the retail landscape has the old guard dying off, this is highlighted by companies like J.C. Penny, Sears Holdings, and Toys R Us closing stores left and right. For those ... Read More
 
iDEXO: New co-innovation institute between startups, entrepreneurs and the corporate world reaches the market

iDEXO: New co-innovation institute between startups, entrepreneurs and the corporate world reaches the market

Today, a new initiative to promote entrepreneurship and innovation comes to market: iDEXO, a non-profit institute that aims to connect startups, entrepreneurs and developers to large companies in search of new business solutions. Created as an open innovation platform, the project aims to identify innovative ideas that have potential for adoption and exponential growth, give ... Read More