1. Technology & Innovation

How Retail Tech Leaders Foster Innovation Within Their Organizations

Written by Posted on Less than 0 min read

Retail technologists are faced with the task of bringing innovation to their organizations. What are today’s top digital leaders doing to stay on top of the latest trends and technology in the market, and how it could positively impact their business? And how are they bringing those ideas from concept to implementation?

This video features a clip from a panel discussing emerging retail technology and trends during Total Retail Tech in Nashville earlier this fall. Speakers include Carol Schuster, technology and business information advisor, Lafayette 148 New York; Omer Iqbal, senior vice president, digital strategy and enterprise architecture, Shiseido; Alan John, vice president of AI and data, StockX; and moderator Kathy Kimple, executive director, OSF Digital. You can watch the full recording of the panel here.

View Original Article
Member since
Total Retail is the go-to source for executives looking for the latest news and analysis on the retail industry. Through various forms of content and community-building events, Total Retail serves its mission to provide retail executives with the information they need to do their jobs more effectively. https://www.mytotalretail.com
Do you like TotalRetail's articles? Follow on social!

More from Kristina Stidham

  1. Shopper & Customer

Why Your Brand Should Prioritize Security and Privacy as Part of its Customer Loyalty Strategy

Individuals expect to understand how, when and where their personal data is used and shared. But when the technical infrastructure safeguarding their data is an afterthought, the results can be damaging; consumers can have concerns over security or data use, or worse, sensitive customer information can be compromised. We know the most effective consumer engagement […]
2 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond Lines Up Funding to Avoid Bankruptcy, Closing 150 More Stores

Bed Bath & Beyond is expecting to receive more than $1 billion in equity from a stock offering it hopes will stave off bankruptcy and liquidation, reports CNBC. The beleaguered home goods retailer will receive $225 million in the offering upfront plus an additional $800 million in proceeds over time, it said. Bed Bath & Beyond also […]
2 min read
0
  1. Shopper & Customer

Top 5 E-Commerce Trends for 2023 — According to the Experts

Facing an economic downturn and reduced spending, 2022 was arguably one of the toughest year’s retail has ever faced. As the cost-of-living crisis continues, thoughts are now turning to what 2023 will have in store and how e-commerce merchants will respond to the challenges ahead. We spoke to a range of industry experts to get […]
4 min read
0
  1. ESG

Nike Accused of Greenwashing in New Lawsuit

A Nike customer is accusing the brand of greenwashing. In a complaint filed May 10 at the U.S. District Court for the Eastern District of Missouri, plaintiff Maria Guadalupe Ellis claimed that Nike uses “deceptive and misleading” statements when marketing its sustainability collection. Specifically, the suit claims that Nike “deceives consumers into believing that they’re receiving […]
2 min read
0
  1. Holiday & Events

Thanksgiving Day E-Commerce Sales Break Records

Consumers spent$5.6 billion on Thanksgiving Day (Nov. 23), up 5.5 percent year-over-year, highlighting the continued shift to more spending online. In the holiday season so far, consumers have spent$76.7 billiononline, up6.8 percent YoYin the first 23 days of November. Black Friday is expected to bring in $9.6 billion, up 5.7 percent YoY. This according to Adobe Analytics data. […]
2 min read
0
  1. Shopper & Customer

Total Retail Releases its Top 50 Tips of 2022 Report

The retail industry has been forced to confront several external challenges in 2022, including but not limited to labor shortages, supply chain disruption, rising inflation, and geo-political turmoil. These challenges have made profitable growth elusive for many organizations, particularly legacy brick-and-mortar chains. However, times of transformation and disruption such as today present an opportunity for […]
3 min read
0
  1. Shopper & Customer

Utilizing Brand Identification Solutions to Effectively Relieve In-Store Pressures

After the pandemic, customers returned to shop in-store. While this is undoubtedly great news for the industry, it does put further pressure on retailers. As a result, retailers must find innovative solutions to mitigate these effects by implementing sufficient brand identification solutions that assist in relieving in-store pressures and maximizing sales. The retail industry is […]
2 min read
0
  1. Shopper & Customer

The Inflation Crisis is Reshaping E-Commerce. Here’s What Retailers Need to Know.

From Sydney to San Francisco and everywhere in between, global shoppers are struggling to keep up with the increasing cost of living. Inflation is leading to rising costs for food, fuel and heating, leading to serious consequences for businesses and consumers alike. In the shadow of the current downturn, Mirakl aimed to understand how the […]
3 min read
0
  1. Data & Insights

How AI and Automation Will Transform E-Commerce Operations

Online retail and e-commerce providers are struggling to meet shopper expectations amidst ongoing inflation, higher costs and lingering supply chain woes. A new independent survey that queried nearly 2,000 global shoppers found that 88 percent of U.S. and 79 percent of U.K. shoppers said that online retailers delivered poor experiences at least once in the […]
4 min read
0
  1. Data & Insights

Why the Secret to Nailing Your E-Commerce Strategy Requires Lighting Up the Senses

Have you ever compared your online shopping experiences to your in-store experiences? Physical and digital retail experiences should both be inspirational and filled with entertainment and emotion. But that doesn’t change the fact that when it comes to engaging customers and eliciting sales, physical retail has a “leg up” on e-commerce because real-world shopping experiences […]
4 min read
0
  1. Retailer Media

You’ve Built a Retail Media Network … Now What?

When launching or trying to scale their media networks, retailers often neglect to build strategic marketing and communication plans to drive sales and growth. As a result, they’re losing opportunities to attract more brands, rise as a thought leader, and scale as a network. A marketing communications team (or agency) plays an essential part in […]
3 min read
0
  1. Data & Insights

New Survey Data Highlights How AI is Poised to Conquer Retailers’ Toughest CX Challenges in 2024

Nearly one year has passed since new generative artificial intelligence (AI) capabilities burst onto the scene and sparked the latest AI hype wave. Since then, businesses have envisioned how AI could help them cut costs, increase efficiency, and improve experiences for customers and employees. Yet, the palpable excitement for AI’s potential has been tempered by […]
4 min read
0
  1. Data & Insights

5 Ways Data Analytics Can Help Retail CFOs Navigate Headwinds

Faced with the highest inflation rates in more than 40 years and macroeconomic uncertainty, retailers urgently need a comprehensive and always up-to-date view of their business. To achieve this, they need in-depth, real-time insights to effectively guide and predict financial performance — and to remain competitive. For chief financial officers, one of the most powerful […]
3 min read
0
  1. Data & Insights

Chatbot Lessons for Retailers: Maintaining Excellent CX Year-Round

It happens every year. In November and December, consumers who are overjoyed with the holidays spend more than they had planned. In fact, on Black Friday 2022, consumers spent a record $9.12 billion online. This excitement continues into January, as gift cards get spent and returns are made. Then, reality strikes as the post-holiday spending slump […]
3 min read
0
  1. Media & Marketing

2023: The Dawn of Shoppable Content

Since the moment Bulova watches debuted the first television ad during a baseball game in 1941, TV advertising has had a last-mile quandary: How do brands convert the desire to purchase into actual sales? With the dawn of digital advertising and its clear path to conversion, advertisers began shifting their dollars away from TV. Now, […]
3 min read
0
  1. Technology & Innovation

Retail Tech Leaders Address Build vs. Buy Decision Making

When evaluating their tech stacks and how they can be improved upon to better serve the evolving needs of digital-savvy, omnichannel shoppers, retail technology leaders are often confronted with a common dilemma: do they build needed solutions in-house or buy them from third-party providers? Of course there’s no easy answer to this question, and there […]
3 min read
0
  1. Data & Insights

How Location Data is Helping Retailers Bounce Back From the Downturn

As economies worldwide roar back after 2022’s downturn, retailers are looking for ways to capitalize on a flurry of new consumer activity. Armed with insights from the bumpy years of the COVID-19 pandemic, many are turning to data-driven strategies to shore up their customer base and find new markets. One important tool for driving retail […]
4 min read
0
  1. Technology & Innovation

How Visual AI is Driving Sustainability in Retail

For decades, the topic of sustainability was on the back burner for brands and retailers across their business models, networks of manufacturers, and supply chains. But now, that’s starting to change. Retailers in every sector are boosting their commitment to sustainability. For some brands, being environmentally friendly has been a core element of their DNA […]
3 min read
0
  1. International

Judith McKenna Retiring as Walmart International CEO; Replacement Named

Walmart has announced major leadership changes within the company, with Judith McKenna, president and CEO of Walmart International, set to retire after 27 years with the retailer. Effective Sept. 11, Kath McLay will take over as the president and CEO of Walmart International, while Chris Nicholas will assume the role of president and CEO of Sam’s Club U.S., Walmart President and […]
< 1 min read
0
  1. Data & Insights

How Retailers Can Establish a Data Foundation for Digital Acceleration

Successful retailers in 2022 understand that digitization isn’t enough — digital acceleration is crucial. The state of digital acceleration that was sparked by mass quarantining during the COVID-19 pandemic changed how businesses operate and consumers behave. According to Gartner, 65 percent of executives say they accelerated their digital initiatives’ pace in 2021 — and this […]
3 min read
0
Next