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All the news and content you need about retail analytics, including information on retail tech such as business intelligence, big data, machine learning, artificial intelligence and more. 

 

Data & Analytics: Gaining a Pulse on Today’s Spontaneous Shopper

Given the level of spontaneity of consumers, and the overwhelming amount of choice, retailers need to capture the pulse of shoppers and stay ahead of consumers’ thinking.

A New Tool Aims to Help Companies Reduce Product Shortages via AI — and it’s Free

A new, free tool for U.S. businesses is designed to help reduce critical product shortages during the coronavirus health crisis via artificial intelligence and big data.

Celerant Technology has teamed with SCOPE CLX, a business analytics program for the shooting sports industry, in the name of consumer insight.

30th Annual Retail Technology Study

For 30 years RIS has been benchmarking retail’s tech maturity with its annual Retail Technology Study. For the 30th anniversary we carry on the tradition and dive deep into the modern retail tech stack, exploring more than 80 different technologies.

The biggest unknown is whether there will be a delayed economic recovery or a prolonged contraction. Regardless of the outcome, retailers and their CPG suppliers need to think ahead and be prepared to act quickly. 

How leveraging data lets retailers address crisis-driven consumer demand.

The new retail landscape will need to be more data driven, more dynamic and substantially leaner.  

The tech, which combines computer vision, sensor fusion and deep learning, detects what consumers remove or return from shelves, tallying them in a virtual cart.

Miller was given the award for her work in transforming Neiman Marcus into a nimble and personalized luxury retailer. Most significantly, this included shifting the company to maintaining a “cloud-first” strategy.

Group customer data can guide retailers to design the correct marketing strategy, promote the right products to the right people, and make sure that all their efforts are highly targeted. 

The number of households shopping health stores is nearly double the prior year by mid-February, a new Shopping Behavior Index reports. Find out more insights from this weekly index providing visibility into U.S. consumer buying behavior shifts driven by COVID-19 (Coronavirus).

While AI and machine learning (ML) offer retailers great leaps toward offering exceptional customer experiences, customer data lies at the heart of these operations, and protecting that data will be key as retailers implement automation and personalization strategies.

To shop there, consumers must download the Amazon Go app there, and then use their phone to open the gate’s scanner via a QR code.

Walgreens said its mobile app exposed some app users’ names, prescription information and shipping address. Find out more.

The e-commerce start-up partners with social media influencers and brands to reach consumers who want anything but mainstream.

RIS needs your nominations for Influentials 2020: Top 10 Movers and Shakers in Retail! Find out who is eligible and honor a deserving executive today!

Fleet Feet has opened a new concept shop weaving together its 3D foot-scanning technology and personalized experience with home delivery. Find out more.

CVS Health will continue to invest in its tech infrastructure as part of its plans to deliver more personalized and localized health care services.

Amazon and Walmart are still battling it out for retail dominance with breakneck innovations and technology investments. Last time we reported on how these two giants stack up, readers voted on who was winning in five key areas. Get the results and updates on where they are today in these critical growth areas.

As the name implies, the NRF Big Show is mammoth. Three short days is never enough to see everything--but never fear. RIS’ annual look at the key sessions, events and trends from this year’s show will catch you up on what you might have missed.

In order to adjust to the new demands of seamless customer-centric experiences, grocers are taking hard looks at their operations and the tech powering them.

Macy’s is closing a chunk of its stores in “lower-tier” malls, slashing around 2,000 corporate jobs, and consolidating its offices to NYC and Atlanta, GA, which will serve as its primary tech hub. RIS talks to experts and connects Macy’s latest updates to retail’s larger trends.

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