Tech: IoT

  1. Trends & External Forces
The global fitness equipment market is projected to reach $18.4 billion by 2033, growing at a CAGR of 3.02% from 2024 to 2033, according to Allied Market Research. Key drivers include the integration of Internet of Things (IoT) technology in fitness devices and the rise of corporate wellness programs. IoT-enabled equipment captures workout metrics in […]
  1. Technology & Innovation
Key Takeaways: IT risk consulting strengthens a retail business’s cybersecurity posture by evaluating vulnerabilities, setting up advanced security protocols, and creating incident response strategies. Consultants provide regulatory compliance guidance, ensuring data management practices adhere to standards like GDPR, HIPAA, and PCI-DSS, reducing the risk of costly penalties. By aligning IT strategies with business goals and […]
  1. Data & Insights
Retail operations have traditionally been plagued by outdated processes and use of paper-based logbooks, setting retail brands back in terms of productivity and performance. Nowadays, the emergence of digitization, including the use of artificial intelligence to accelerate data analysis and decision making, is automating those traditionally tedious retail processes, enhancing visibility and lowering costs for […]
  1. Data & Insights
Exciting news – our Q1 Home Furnishing Benchmark Report is now available! In this week’s newsletter, we’ll dive into the latest trends and insights from the furniture and mattress industry’s performance at the beginning of the year. Join us as we uncover what these trends signify for the months ahead and how they might shape […]
  1. Data & Insights
Throughout the years, the retail industry has faced numerous threats, ranging from IoT bot attacks to incidents of shoplifting and even promotional strategies that deter customers. To overcome these complex challenges, retailers need to stay alert, flexible, and use creative approaches to manage risks and maintain success in a competitive market. This week we dive […]
  1. Shopper & Customer
“If we can satisfy some real needs for the consumers and bring a thoughtful application of technology, analytics, and science to this new environment, then I think we will achieve this trifecta of wins — consumers will win, retailers and brands will win.” — Arsen Avakian, CEO and Founder of Cooler Screens The majority of […]
  1. Technology & Innovation
It feels almost quaint to discuss the “digital transformation” of the retail industry. Ten years ago, that mostly meant “have a website” and “digitize inventory.” Now these tools are table stakes, and the true digital transformation is the rapid expansion and harnessing of emerging technologies in artificial intelligence (AI), machine learning (ML), augmented reality (AR), […]
  1. Technology & Innovation
In today’s dynamic world of retail, the spotlight remains on artificial intelligence (AI) — and for good reason. AI is undoubtedly transformative, reshaping the future of retail. In addition to AI, other technologies are also making significant strides. Radio-frequency identification (RFID), replacing barcodes, revolutionizes supply chain and inventory management. Video analytics leverages computer vision to […]
  1. Technology & Innovation
The convenience of browsing products from anywhere, coupled with the ease of doorstep delivery, has caused a surge in online shopping. In fact, a recent report released by UPS Capital Insurance Agency, Inc. found that almost all surveyed small and midsized merchants (99 percent) claimed an increase in their shipping volume over the past two […]
  1. Technology & Innovation
Internet of Things specialist, Wiliot, has been recognised as a Visionary in the Gartner Magic Quadrant for Indoor Location Services. This is the first time that it has been included in a Gartner Magic Quadrant report, and it comes on the heels of its recognition in eight Gartner Hype Cycle reports. In 2022, Wiliot was […]
  1. Technology & Innovation
Smart Parking Technologies and Global Markets have witnessed remarkable growth in recent years, driven by a confluence of factors shaping the automotive landscape. The proliferation of Internet of Things (IoT)-based vehicles has revolutionized the way we perceive transportation, with an increasing number of consumers opting for connected vehicles equipped with advanced sensors and communication capabilities. […]
  1. Technology & Innovation
The journey from a simple sketch on paper to a tangible, state-of-the-art device combines creativity, precision, and technological expertise. But how is it accomplished? Selling a product to retail involves numerous steps, spanning from idea conception and production to placing it on store shelves. Depending on factors like product complexity, manufacturing timelines, distribution logistics, and […]
  1. Technology & Innovation
The Akamai 2023 State of the Internet report revealed that retail continues to be the most targeted industry for cyberattacks, accounting for over 14 billion observed incursions. Risks from cyber threats including fraud, account takeovers, malware, ransomware, compromised business emails and data breaches all begin with an initial breach. Any device connected to a retailer’s […]
  1. Technology & Innovation
The Industrial Internet of Things (IIoT) has become a catalyst for transformative changes across industries, fostering unprecedented connectivity, efficiency, and innovation. As we delve into the intricacies of the Industrial IoT Market, it becomes evident that its growth is not a mere coincidence but a result of several converging factors. This blog aims to unravel […]
  1. Technology & Innovation
In an age where everyday goods cost more than ever, is our appetite for the finer things subsiding? According to Bank of America card data, credit card spending for luxury fashion is down 16 percent year-over-year, the product of a six-quarter-long decline. In October, one of the world’s top luxury retailers saw its stock drop […]
  1. Technology & Innovation
In partnership with VML Spain, Heinz is aiming to bridge the gap between food and technology by launching what is pitched as the first recipe book that teaches AI (and humans too) how to cook like a pro. Caio Fontenele, Heinz New Ventures Director, says: “With over 50% of the general population admitting to using […]
  1. Technology & Innovation
In years past, the word “on-demand” has been used to describe videos or streaming services. However, I believe that “on-demand” can now be used to describe the expectations of today’s consumer. Customers now want a shopping experience that’s always on, responds in real time, and gives the most up-to-date information. This has created a scenario […]
  1. Technology & Innovation
Imagine entering a store for the first time and encountering screens instantly customized to your preferences. As you browse the aisles, you receive tailored product recommendations precisely aligned with your tastes and needs. This scenario depicts the imminent future of on-premise personalization — where artificial intelligence lifts customer journeys to unprecedented levels. Nevertheless, the human […]
  1. Technology & Innovation
In the ever-evolving landscape of retail, businesses are constantly seeking innovative ways to keep pace with changing consumer preferences, market dynamics, and technology advancements. The MACH architecture principles — microservices, API-first, cloud-native, and headless — have emerged as a powerful framework for retailers looking to transform their store systems, break free from legacy constraints, and […]
  1. Technology & Innovation
​[[“value”:” Traditional retailers are struggling against tech-driven competitors, withretail margins declining annually by 2-3%, and up to 5-6% in some cases since 2017. Omnichannel and digital-first retailers are outperforming traditional ones, with significant sales growth. The NRF has forecasted a 12% increase in online retail for 2023, double the rate of overall retail growth. Retailers […]
  1. Technology & Innovation
  The team at Tacoma, WA based Foodservice Solutions® has not talked to an operator in any sector of retail foodservice that wants to spend more money on technology. That said, you will and accoding to our own Grocerant Guru® Steven Johnson,  Paul Damaren, Chief Revenue Officer at RizePoint is one of the ones you should […]
  1. Technology & Innovation
Sustainability has emerged as a major challenge in just about every sector worldwide. Overcoming it and being sustainable is not just about morality, but as a critical business strategy. Consumers today are environmentally conscious and becoming more so with each passing year. This is driving a significant shift towards sustainable practices in the retail sector. […]
  1. Technology & Innovation
Almost a third of global food produce goes to waste. Temperature and humidity deviation, theft, expiry, damage, and returns sees valuable stock going to landfill instead of consumers, while retailers literally burn through their profits. At a time of intense cost pressures and the global sustainability effort to do more with less, it’s vital that […]
  1. Technology & Innovation
Supply chains across the globe are becoming increasingly complex, competitive, and under the scrutiny of existing and developing regulation. To date, the guiding solution has been elementary: scan it. For years, scanning products have allowed supply chain professionals to keep track of every item in their supply chain, from warehouses to delivery trucks to store […]
  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 […]
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  2. Department: Consumer Durables
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TikTok has given us “girl math” and “boy math,” and now I’d like to add “Tech Math” to the mix. Tech Math is when every technology partner tells you that they have contributed (fill in the blank) $XX million in additional sales…and yet, surprisingly, the business isn’t up nearly as much, if at all.  Despite […]
  1. Trends & External Forces
  2. Agencies & Vendors
  3. Shopper & Customer
  4. Trends & External Forces
Consumer Price Index inflation slowed to 2.3% in April, down from 3.2% in March, albeit higher than expected, according to the Office for National Statistics. It’s the lowest level since the summer of 2021, versus 3.2% in March. The news follows yesterday’s announcement from Kantar… This story continues at Industry reacts to CPI inflation dipping […]
  1. Channel: Mass
  2. Department: Consumer Durables
  3. Department: HBC
  4. Corporate Strategy
  5. Corporate Finance
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  7. Shopper & Customer
  8. Merchandising
  9. Operations & Supply Chain
MINNEAPOLIS—Target reported that first-quarter sales were down compared to last year, as it had projected. However, the company expects sales to turn positive in the second quarter and for the year as a whole. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.8% partially offset by a comparable […]
  1. Partnerships & Alt Profit
  2. Channel: Delivery
  3. Channel: Ecommerce & Digital
  4. Channel: Home Improvement
  5. Department & Category
  6. Department: Food
  7. Department: Nonfood
  8. Corporate Strategy
  9. Partnerships & Alt Profit
  10. Media & Marketing
  11. Technology & Innovation
  12. Trends & External Forces
  13. Associates & Employees
  14. Merchandising
Petco, partnering with Van Leeuwen Ice Cream and human-grade dog food brand Ollie, will offer canine-safe ice cream for hot dogs seeking a cool treat. The non-dairy peanut butter and banana recipe is now available at Van Leeuwen scoop shops across the country, as well as at most Petco locations and online at petco.com for […]
  1. Department: Food
  2. Channel: Ecommerce & Digital
  3. Channel: Mass
  4. Department & Category
  5. Department: Food
  6. Corporate Strategy
  7. Media & Marketing
  8. Shopper & Customer
  9. Trends & External Forces
  10. Associates & Employees
  11. Holiday & Events
  12. Merchandising
  13. Operations & Supply Chain
  14. Stores & Formats
BENTONVILLE, Ark. — Walmart recently opened two new Neighborhood Markets, one in Florida and one in Georgia, that offer expanded assortments and more space for pickup and delivery. The new stores, one in the Dune Lakes area of Santa Rosa Beach, Florida, and the other in the Vine City neighborhood of Atlanta, feature updated layouts […]

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