Articles by tag: nrf

Retail Roundtable: How Serious is the Retail Shrink Crisis?

Industry Roundtable retail shrink

In recent years, the narrative surrounding retail shrink—a significant issue for brick-and-mortar stores—has taken a dramatic turn. Fueling headlines are reports of escalating organized retail crime (ORC), with stores like Walmart shuttering locations in Portland, Oregon, and Target predicting a $500 million impact on profitability due to inventory shrink. Contrarily, some recent surveys show…

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Latest

2023
Sustainability in Retail is More Than a Checkmark, it Must be a Core Tenant

As the conversation on climate moves from change to crisis, sustainability in retail is no longer a dream to obtain; it’s a necessity that industry leaders take meaningful action. The retail industry, a notorious contributor to global waste and pollution, is a primary player in these dialogues. Recent studies suggest that around 85% of…

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NRF 2023: The Top Trends & Technologies Shaping the Future Customer Experience

Retail was the main attraction at the Jacob K. Javits Convention Center in New York City on January 14-17, 2023. NRF 2023 was back in the Big Apple with a full slate of speakers, 100 sessions, and exhibitions from more than 950 major players in all facets of the retail space. What were some…

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Black Friday 2022 In-Review: How Did Supply Chain Challenges and Consumer Pessimism Turn into Record Sales?

Black Friday 2022 and its cousin Cyber Monday are now behind us, and boy did they both make waves across retail. Not only did Black Friday’s in-store foot traffic break records according to NRF, but sales numbers seem to show that Black Friday 2022 and Cyber Monday 2022 sales are setting records, with Cyber Monday…

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NRF 2022
Why Virtual Dressing Rooms Will Be Key for Differentiating in Retail

The days of retail clothiers needing to stock multiple garment sizes could be drawing to a close. NOBAL Technologies developed a product poised to revolutionize the customer retail experience with its interactive iMirror solution. Daniel Maher, VP of Technology at NOBAL, joined Retail Refined’s Melissa Gonzalez at NRF to talk about the positive impact iMirror…

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NRF 2022
How Fast Fashion Can Fix Its Sustainability Reputation Through the Supply Chain

While at the world’s largest retail conference and expo, Retail Refined Host Melissa Gonzalez spoke with Chris Georgen, Founder and Chief Architect of Topl, a company that sits at the intersection of sustainability, deep-technology, and innovation. Topl, whose mission is to build trust between consumers and products, is set largely within an industry which…

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Bringing the Edge to Retail: How AI-Powered Computing Redefines Brick & Mortar 

The retail industry’s technology adoption has been slow but steady. As data becomes more critical to the customer journey, the sector needs new ways to process and manage the data where it is, which could be hundreds or thousands of locations. Realizing this goal will depend upon edge computing, a powerful computational weight that…

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Fan-Centric Business Transformation
Prop Room
May 23, 2024

In this episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, shares with us that in the vibrant world of marketing, creativity knows no bounds—a philosophy embodied by a prop room and studio teeming with eclectic costumes and outlandish ideas. This creative hub, seemingly disconnected from conventional themes like bananas,…

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Ace Gardner and Jacob Lewis discuss NIL Deals and Transfer Portals
NIL Deals and Transfer Portals are Also Impacting College Staff and Their Roles
May 23, 2024

College sports is undergoing a significant transformation with the advent of Name, Image, and Likeness (NIL) rights and the increasing prevalence of transfer portals. These changes are reshaping how college staff operate, presenting both opportunities and challenges. With the rise of NIL deals and transfer portals, understanding the behind-the-scenes impact on college coaching staff…

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sales process automation
The Future of Business Success Lies in Real-Time Feedback and Sales Process Automation
May 22, 2024

Amid the rapid pace of technological advancements, sales processes are undergoing significant changes. Companies are increasingly pressured to enhance efficiency, accuracy, and customer satisfaction. According to Forrester’s 2023 report, a staggering 90% of global business buyers experienced stalled purchasing processes due to economic headwinds, emphasizing the importance of price transparency and the need for…

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thaly palanisamy as new president
Stenograph, LLC Announces Thaly Palanisamy as New President
May 22, 2024

Stenograph, LLC is pleased to announce Thaly Palanisamy as president. In his role, Mr. Palanisamy will guide Stenograph in executing its strategic vision: Empowering the capture, preservation, and accessibility of verbatim records. “Thaly’s leadership skills, combined with the Stenograph strategy deployed by our talented team, will ensure success as we charter our course for the…

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Other Articles
Last-Mile Drone Delivery Takes Flight in 2022
February 7, 2022

Drone delivery has been captivating audiences for years. Consumers are eager to see it come to fruition across the globe, and operators are working to accelerate its capabilities, while retailers are preparing for a multitude of use cases. In 2022, the widespread adoption and usability of drone delivery will find its wings. So, what can…

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The Top Six Retail Trends from NRF 2022
January 28, 2022

Retail is ready to apply the last two years of pandemic disruptions to new strategies for success, innovation, and resiliency. That much was clear at the National Retail Federation’s Big Show earlier in January, where even in the face of COVID concerns, retail professionals came en masse to get a pulse on where their colleagues…

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Does the Key To Retail Sustainability Lie In Decision Intelligence
January 25, 2022

Summary: Even with the National Retail Federation Retail’s Big Show wrapping up, the lessons learned from this years convention will ripple through the rest of the year. With retail constantly changing how it needs to capture and retain the customer, finding new ways to implement the world’s cutting edge technology to make the industry…

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Pathr.ai Announces Partnership with The Lionesque Group and MG2 to Deliver Pop-Up Shop Analytics for Retailers
January 16, 2022

NRF Jacob K. Javits Convention Center, NYC, Booth #948  – January 16, 2022 – Pathr.ai, the industry’s first and only Artificial Intelligence (AI) powered Spatial Intelligence platform, announced today it has partnered with The Lionesque Group, an award-winning experiential retail strategy and design studio, and its parent company, MG2 Corporation, a global design and architecture firm, to bring real-time…

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What’s in the Shopping Cart for the 2022 National Retail Federation’s Big Show?
January 14, 2022

In just a few short days, from January 16th through the 18th, the National Retail Federation will launch Retail’s Big Show in the shopping capital of the world, New York City. As retail professionals know, NRF is a nonprofit and the world’s largest retail association intending to “connect people to an industry that’s a great…

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Location Analytics Are Reshaping Offline Retail’s Future
January 22, 2021

Designed for retail leaders and lovers alike, Retail Refined explores the in-store technology of the future, challenges the industry’s preconceived notions, and brings together retail’s biggest names to understand the brand strategies that will define the next decade in retail.   Data-driven retail delivers insights that lead to better decision-making. On the digital side, retailers…

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2020 US Retail Imports Exceeded Expectation Amid Pandemic
January 19, 2021

Even with retail struggling through a difficult 2020 in the wake of the COVID-19 pandemic, a monthly Global Port Tracker report, published by NRF and Hackett Associates, suggests that the United States may still set records for retail imports. These imports are measured in Twenty-Foot Equivalent Units, or TEU, which equal roughly one shipping…

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How Personalization and Supply Chain Efficiency are Driving Retail Resurgence
January 15, 2021

Designed for retail leaders and lovers alike, Retail Refined explores the in-store technology of the future, challenges the industry’s preconceived notions, and brings together retail’s biggest names to understand the brand strategies that will define the next decade in retail.   Melissa Gonzalez, host of MarketScale’s Retail Refined, knows what’s at the top of everyone in the…

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How Big Data Changed Fulfillment and Inventory in Retail
January 12, 2021

Designed for retail leaders and lovers alike, Retail Refined explores the in-store technology of the future, challenges the industry’s preconceived notions, and brings together retail’s biggest names to understand the brand strategies that will define the next decade in retail.   Retailers learned many lessons in 2020 relating to the “new” in-store experience. This knowledge now shines…

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