How to be Michelangelo in Today's Retail Renaissance

Most news outlets seem to cover the changing retail landscape with near-weekly stories on store closings and bankruptcy filings. Even outside of the fact that articles with high click-rates beget other similar articles, which in the case of retail generally include household names with a significant nostalgic punch—there certainly is a dramatic change in the industry. However, we should not take stock in those with signs proclaiming “the end is near” for retail any more than we do the madman in front of the park fountain.

One of our customers’ CEOs recently told his leadership that he’s tired of hearing about “The Retail Apocalypse.” He pointed out the fact that it’s become such a ridiculously exaggerated topic, it even has its own Wikipedia page. Given the industry we’re in, this naturally made it worth a look. 

What’s interesting isn’t the fact that retail is changing, or that the general public and media have mischaracterized the evolution. What is interesting is when you look at the factors contributing to this change, understand their impact, and – most importantly — understand how to combat them in order to thrive in the face of this “New Retail” environment.

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Topics: e-commerce, inventory optimization, brick-and-mortar retail, retail renaissance, retail apocalypse

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

It’s almost time.

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

Retail M&A Surge Redefining the Game?

A sigh of relief for retailers who welcomed the new year accompanies a sense of apprehension as brands survey the unsettling waters of the retail landscape for 2018. 

What can be done differently? How can we be better? 

These pressing questions, I’m almost certain, crossed most retailer’s minds.  

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Topics: retail analytics, retail spending, brick-and-mortar retail, retail mergers and acquisitions

Top 3 Post-Christmas Holiday Spending Takeaways of 2017

The impact of the holiday season for most retailers isn’t entirely clear yet and won’t be until after the New Year. However, based on what is available so far, I’d say it’s looking pretty good for most. :)

From overall retail spend to post-Christmas opportunities, the most successful retailers are pushing through the end of an incredibly disruptive year to reach the bright light at the end of the tunnel. Here’s what we learned from the holiday season until now:

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Topics: holidays, ecommerce, retail spending, brick-and-mortar retail, consumer insights, holiday shopping, consumer spending

The Stranger Things of Retail in 2017

I think we can all agree it’s been a crazy year for retail, filled with disruption, e-commerce pressures and record store closings. Not to mention strange partnerships, major acquisitions, and numerous bankruptcies. 

As the year comes to an end, the ups AND downs in the retail industry over the past 365 days are clearly up for review. Let’s take a deeper look at what happened in 2017, along with the implications for 2018 and beyond.

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

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