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 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

Talks You Don't Want to Miss at Shop.org 2017

Shop.org, the annual e-commerce conference for retailers, is just around the corner and we are sooo excited.

In light of the upcoming event, we highlighted some of the most interesting items on the agenda—just for you. 

Read More

Topics: data overload, customer experience, retail technology, e-commerce, in-store technology, shop.org, consumer insights

You Won't Believe How Many Stores are Opening in 2017

The great retail apocalypse. The death of retail.

All of these are phrases you’ve probably come across at one point or another in the past few years. I know I still do. However, if you’re in the retail industry then you certainly already know this is not the case. Retail isn’t going away and consumers aren’t spending any less. 

Read More

Topics: customer experience, retail technology, personalization, e-commerce, retail stores, in-store experience, brick-and-mortar retail, physical stores

3 Amazon Effects on Retail: Are Businesses Adapting?

Customer expectations are changing as a result of Amazon’s innovative technology that continues to fuel their growth. Whether it’s a shift in consumer attitudes towards order delivery (taking into consideration free shipping and delivery speed), customer experience or personalization—about 61% of retailers in a recent Total Retail and IBM survey “believe Amazon has significantly increased its position in the marketplace during the last two years.”

Read More

Topics: customer experience, retail technology, personalization, amazon, e-commerce, retail stores, in-store experience, order delivery

Ready for more?

Request a Demo