Tech: IoT

  1. Technology & Innovation
In an era where technology is the foundation of business growth, Vodworks emerges as a pivotal player in the realm of software and product engineering services. Specialising in consulting, outsourcing, and augmented team solutions, Vodworks is the strategic partner for businesses seeking to navigate and conquer their most complex technical challenges. This article explores how […]
  1. Technology & Innovation
We’re pleased to announce the shortlist for the 2023 RTIH Innovation Awards Supply Chain category. We received a record number of submissions this year and many fantastic examples of the continued resilience and dynamism of the retail space during hugely challenging times. Our winners will be revealed at the 2023 RTIH Innovation Awards ceremony, which […]
  1. Retail Operations
For several years now, retailers have been deploying creative digital marketing tactics and transforming how consumers engage with them online. But what if they’ve been doing it all backward? A recent digital experience benchmark report found 85 percent of consumers are unhappy with their online shopping experience, so there’s room for improvement. Companies looking to […]
  1. Technology & Innovation
In an era when technology has become an integral part of our daily lives, all industries must evolve to keep up with the rapidly changing landscape. The retail industry is no exception, and one of the most significant developments within this sector is the evolution of the chief technology officer (CTO). Once considered a secondary […]
  1. Technology & Innovation
With the rise of online shopping, omnichannel merchandising, and “customer experience,” it’s easy to forget that one of the biggest disruptions in retail is more than 150 years old: the price tag. When introduced by retail pioneer John Wannamaker in the 1860s, price tags upended the common practice of haggling. Suddenly, there was no back […]
  1. Operations & Supply Chain
There’s a maintenance strategy for every major purchase you’ve made. You know when your car needs an oil change. You know when the filters on your appliances should be swapped. You know when your pick process needs to be reviewed … you don’t, do you? Do You Have a Warehouse Management Maintenance Schedule Ahead of […]
  1. Technology & Innovation
With new technologies emerging by the day, the retail industry is continually evolving and businesses need to keep tabs on the latest trends. In 2020 alone, over $40.2 billion in investment and funds were put into retail tech deals across various industries. As such, businesses in 2023 must stay on top of the current technological […]
  1. Technology & Innovation
Sensors are integral to the Internet of Things (IoT). They measure, track, and transmit data from machines, monitoring changes in pressure, motion, temperature, light and sound. Sensors allow companies to run predictive maintenance on machinery, stopping operational shutdowns before they occur.
  1. Technology & Innovation
Any retail expert worth their salt knows that personalization is the one true key to profitability. This is only becoming more important as the market grows saturated and customer expectations keep getting more demanding. But how will artificial intelligence technology change the ever-evolving retail landscape? Personalization is all about providing engaging customer experiences, which is […]
  1. Technology & Innovation
Ambient IoT data platform specialist Wiliot reports that Frank Yiannas, the former Deputy Commissioner of Food Policy & Response of the Food & Drug Administration (FDA), has joined the company as a strategic advisor. Yiannas will help advise the food and retail markets on the ways in which the ambient IoT, and the real-time, item […]
  1. Technology & Innovation
Check out the RTIH articles that caught your fancy last week, including Under Armour, Lacoste, Dsquared2, Ikea, Ocado Group, Co-op, Sweaty Betty, and Mars. RELEX Solutions helps Getir ‘reap benefits of autonomous, adaptive, and unified supply chain planning’ Rapid grocery delivery firm, Getir, is partnering with RELEX Solutions. This will see it gain an integrated […]
  1. Technology & Innovation
Blockchain: a new era in real estate The advent of blockchain technology has brought about a paradigm shift in various industries, and real estate is no exception. Known for its traditional and often cumbersome processes, the real estate sector is now witnessing a wave of innovation driven by blockchain. This technology, renowned for powering cryptocurrencies, […]
  1. Technology & Innovation
Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research, the global IoT retail market was valued at $42.38 billion in 2022 and is expected to grow at a CAGR of 28.4% from 2023 to 2030. […]
  1. Data & Insights
That the future is digital, connected, and omnichannel are by now common refrains in the retail industry, made even more common by the challenges of the last many years.  The idea is simple: by bringing the advantages of eCommerce’s algorithmically-powered personalization to the immediacy and experientialism of brick-and-mortar, physical storefronts can continue competing with eCommerce’s […]
  1. Technology & Innovation
The integrated use of IoT sensing and monitoring devices across the food retail supply chain has opened a myriad of new opportunities for organizations to minimize loss and enhance operational agility – both of which were strenuous pain points in the past. Connectivity is worth its weight in gold in an era of uncertainty where […]
  1. Technology & Innovation
Adobe has announced the latest iteration of its partnership with Asprey to strengthen its digital storefront and luxury e-commerce offering. This involves the use of Adobe Commerce and Adobe Experience Manager to relaunch Asprey’s new website. Aidan Connor, Chief Technology Officer at Asprey, says: “The retail world has drastically shifted because of the pandemic and […]
  1. Technology & Innovation
Technological advancement continues to disrupt retail strategies, altering customers’ behavior and, consequently, retail businesses. New technologies influence customers as they switch between channels for research and shopping. Companies must focus on managing the numerous customer touchpoints available simultaneously. Omnichannel has become an appealing medium for retailers to interact with customers and sell their products and […]
  1. Data & Insights
If one were to dig deep enough into the Library of Congress’s old audiovisual vaults, one would find a wealth of content from the 1950s and 60s about the ‘home,’ ‘city’ or even ‘highways’ of the future. For all of the myriad social problems of that period, it was also a period of intense economic […]
  1. Shopper & Customer
This year, a perfect storm of economic, social and technological headwinds are buffeting the retail industry. Despite analysts’ fears of a 2023 recession, consumers have switched from online to in-store sales in such large numbers, analysts describe the trend as “boomerang” shopping. Even so, researchers are finding that inflation is eating away their purchasing power by […]
  1. Technology & Innovation
For all of the problems of the mid-century period in America, one of the ways in which it remains compelling is the sense of optimism society at large once seemed to have for the future, specifically the way in which technology would drive us into the future.  Whether companies, scientists, futurists, or science fiction writers, […]
  1. Data & Insights
Traditional retail has long been dominated by experienced managers and other decision leaders, but also gut instinct, intuition, and even plain old luck. Why? There just wasn’t always a lot of data or readily available information to go off of. How exactly do you know what customers are interested in other than by simply asking […]
  1. Corporate Finance
Kroger will improve networking support for in-store experiences, benefiting both shoppers and associates, by deploying the ExtremeCloud IQ cloud management and WiFi 6E access points across its brick-and-mortar fleet. In addition to supporting services such as scan-as-you-go, inventory location and temperature sensing applications, the solution from Extreme Networks will provide Kroger with a single view […]
  1. Technology & Innovation
Over the past several years, the retail industry has seen no shortage of challenges. There are some bright spots, however, especially when it comes to new innovations in remote shopping experiences, digital investments, and online capabilities that have enabled retailers to stay ahead as consumer shopping behavior evolved. But while these expanded digital capabilities allowed […]
  1. Data & Insights
The National Retail Federation (NRF) and the Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC) are teaming up to improve retail cybersecurity. The two industry-leading organizations will be combining their efforts in intelligence and threat monitoring. The goals of this partnership, announced in January 2023, include enhancing access to cybersecurity news, guidance, education and […]
  1. Data & Insights
In today’s drive to provide a premium online shopping experience, retailers handle more customer data, including shipping and contact information, shopping preferences, and purchase history, than ever before. In 2022, the retail industry experienced 629 incidents, of which 241 involved confirmed data breaches, according to Verizon’s 2022 Data Breach Investigations Report. The primary goal of […]
  1. Technology & Innovation
The retail industry continues to experience unprecedented and unpredictable changes. Challenges such as talent acquisition and evolving consumer appetites leave leaders with little control over what happens next. With the state of the current landscape, retail stakeholders must create a business environment that’s both dependable and adaptable. One area in which this is possible is […]
  1. International
Connected product experiences require so much more than a QR code and call to action. Brands need detailed insight into audience interests and expectations, robust technology to bridge the gap between physical products and digital experiences and, of course, powerful storytelling forged by a genuine connection established between customers, brands and products.  With a highly […]
  1. Technology & Innovation
People may not realize that retail enterprises have long been among the early adopters of new technology applications in their fight to stay ahead of the competition. In recent years, retailers flocked to Internet of Things (IoT) systems to optimize operations in the face of ever-changing pandemic protocols and to combat ongoing concerns about shrink […]
Note: Requires ChatGPT Plus
Advertisement

Trending Topics

Editor’s Choice

  1. Trends & External Forces
  2. Channel: Mass
  3. Department: Consumer Durables
  4. Department: Nonfood
  5. Corporate Strategy
  6. Corporate Finance
  7. Partnerships & Alt Profit
  8. Media & Marketing
  9. Agencies & Vendors
  10. Data & Insights
  11. Technology & Innovation
  12. Trends & External Forces
  13. Stores & Formats
The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […]

Trending

Advertisement