Artificial intelligence (AI) promises category managers the ability to act on real-time insights delivered by customer behavior data. But, to reap the rewards, they need to move beyond the limitations of traditional legacy system and manual process approaches.
As president Trump looks to implement aggressive tariffs on imported goods the ramifications will be felt across the U.S. economy and retail could be one of the hardest hit. Is it time for retailers to hit the panic button?
In the latest exodus from the mall, Best Buy announced it is closing all of its smaller format, mall-based stores. Learn the details of the announcement and its impact on the company and its employees.
A third of consumer goods companies are enduring declining sales and even the industry leaders are posting minuscule gains at best. See how the top CG companies fared in this annual ranking of the industry’s 100 most successful.
Like most of the apparel segment Ascena Retail Group is grappling with changing consumer habits and shrinking profits. Find out what the multi-brand operator is doing to connect with shoppers and increase operational efficiencies.