The Cost of Love: 2018 Valentine’s Day Sales Increase Online Spending

What is the cost of love?

Of course, love is priceless. But, in all seriousness, how much are people really spending on Valentine’s Day this year? 

According to NRF data, the cost of love in 2018 is $19.6 billion.

Read More

Topics: e-commerce, inventory optimization, retail spending, consumer spending, consumer trends

3 Common Misunderstandings About AI & Machine Learning in Retail

The hype surrounding AI is real. You know it, I know it, we all know it. So what exactly is the problem when it comes to adoption? Do certain misconceptions of what AI can and can’t do factor into all of this?

Read More

Topics: retail technology, artificial intelligence, inventory optimization, machine learning

How Predictive Analytics and Machine Learning Can Help Optimize Your Inventory

Imagine a world where you could see into the mind of your customer.

What if as soon as you became aware of what your customer wanted to buy, you could flip a switch and the product would be manufactured instantaneously? Then, at the flip of another switch, you could get it into your customer’s hands instantaneously? 

Read More

Topics: retail technology, artificial intelligence, inventory optimization, machine learning, NRF2018, innvoation

3 Retail Technology & Data Trends to Watch for in 2018

There’s no easy way to trulyknow how the future will pan out. We anticipate certain outcomes from what we know—like the fact the Patriots won over five Super Bowl championships or that your women's cold-shoulder sweaters sold 500 units last season.

With this historical data at hand, it would seem logical to place our bets on past performance.

And, as you know, merchants are constantly making bets.

Yet, while placing our bets for another New England Super Bowl win isn’t entirely a gamble (what can I say, we’re Boston-based ¯\_(ツ)_/¯), anticipating consumer demand for the fall or spring season six to eight months in advance is.

Read More

Topics: retail technology, e-commerce, fulfillment, artificial intelligence, online shopping, consumer trends, data

The BIG Show Countdown (NRF 2018 Must-See Sessions)

It’s almost time.

Read More

Topics: retail technology, fulfillment, artificial intelligence, brick-and-mortar retail, consumer insights, NRF2018

Ready for more?

Request a Demo