Articles by tag: retail

Major Brands Are Investing in Generative AI for Digital Commerce. They Need to Prioritize Data Transparency to Build Consumer Trust.

generative AI for digital commerce

In the rapidly evolving world of digital commerce, how can businesses harness the power of generative AI without crossing the ethical line of consumer privacy? Making best use of generative AI in digital commerce is proving a more difficult balancing act than the initial hype around tools like ChatGPT may have signaled. A […]

Read More

Latest

Articles
Experts Talk: Navigating 2023’s Holiday Retail Supply Chain Challenges

In the dynamic world of retail, the holiday season is a litmus test for the industry’s adaptability and resilience. With the rise of e-commerce and changing consumer behaviors, retailers face the challenge of balancing inventory management, fulfillment strategies, and technological integration. A recent surge in online shopping, coupled with fluctuating consumer trends, has put […]

Read More
Controltek
CONTROLTEK Design Thinking Workshop for Burlington Stores

The video captures highlights from the CONTROLTEK Design Thinking Workshop specifically tailored for Burlington Stores. It shows interactive sessions, engaging group activities, and innovative brainstorming, emphasizing CONTROLTEK’s commitment to developing customized retail solutions in collaboration with the Burlington Stores team.

Read More
2023
By Navigating Sustainability and Responsible Retail, Businesses Can Reach Better Ethical and Profit Achievements

The world is in an era where sustainability and responsible retail business practices are increasingly crucial. For the latest episode of “What Just Happened,” host Christine Russo further explored the hows and whys of this pressing issue by interviewing Cara Smyth, Global Senior Managing Director for ESG and Responsible Retail at Accenture, and Chair […]

Read More
2023
Some Shifts in the Retail Supply Chain are Temporary, While Other Changes are Here to Stay

The current landscape of the retail supply chain has been in turmoil in recent years, with unexpected and disruptive challenges like the Suez and Panama Canal incidents, alongside the ongoing digitization struggles. Now, this volatile environment turns up critical questions about the resilience and adaptability of supply chains given unanticipated disruptions. With the retail […]

Read More
Articles
Lower Price Points May Not Be Sustainable for Shein and Forever 21’s Partnership

Over the summer, fast fashion retail giants, Shein and Forever 21, announced a collaborative effort in a move to widen their customer bases. Shein will see its products sold out of the retail company’s hundreds of locations, and in turn Forever 21 gets hold of the online retail giant’s massive global reach and supply […]

Read More
Articles
Retailers Can Mitigate Inventory Shrink Through Theft Detection AI and Better Store Design

The retail landscape is seeing a lot of changes and those changes have brought both opportunities and challenges. One of those challenges is the rise in inventory shrink, which is being blamed for the sudden retail exodus. Between thefts and shifting consumer behaviors, inventory accuracy is now emerging as a growing concern for […]

Read More

Latest

student athletes training
The Anticipation of Record Heat Must be the Concern of Educational Institutions and the Safety of their Student Athletes
April 17, 2024

Temperatures around the globe are continuing to set new records, and as a result, universities now face increasing challenges in ensuring the safety and performance of their student athletes.  Rising mercury poses risks of heat-related illnesses and affects the athletic performance and recovery of student athletes. Educational programs on recognizing the symptoms of heat […]

Read More
HVAC building efficiency goals
Improving HVAC Systems Plays a Key Role for Meeting Building Efficiency Goals
April 17, 2024

In today’s rapidly advancing world, the role of HVAC systems for building efficiency goals has become a pivotal topic for businesses and property owners alike. With energy costs soaring, the shift towards more energy-efficient systems isn’t just a luxury—it’s a financial imperative. Building efficiency upgrades could slash global energy demand by 12% and save […]

Read More
Generative AI Remains at an IP and Privacy Crossroads
April 17, 2024

As artificial intelligence becomes increasingly integrated into our daily lives and business operations, the conversation around its ethical and legal implications grows louder. It’s clear that generative AI will continue to face legal battles; applications from oncology, to mental health services, to the classroom, are raising questions about AI’s ethics and the consequences of […]

Read More
strategic Capital allocation
Strategic Capital Allocation Can Help Businesses Leverage Employee Knowledge and Collaboration for Better Returns
April 17, 2024

Strategic capital allocation, a critical aspect of business management often emphasized by investment experts like Warren Buffett, involves more than just distributing financial resources; it’s about strategic investment that drives long-term value. Firms are increasingly recognizing the need to integrate capital allocation with broader corporate strategies, ensuring that investments are not only financially sound […]

Read More
Other Articles
AI Technology is Revolutionizing Retail By Increasing Inventory Visibility
September 27, 2023

AI technology is reinventing traditional retail landscapes all over the world, and the need for innovation in inventory management is pivotal. Retailers are at a crossroads, facing the imperative need to synchronize online and offline inventories and enhance the customer shopping experience. However, a key player, Spacee, is driving this transformation by leveraging […]

Read More
Cotton Productions’ Harmful Environmental Impact is Partly Being Fueled by High Consumer Demands
September 21, 2023

The world is rapidly changing, forcing the discussion around the environmental impact of our choices central to many industries. Of them is the textile industry. As the most commonly produced and bought fabric, cotton is the staple of most wardrobes. But it also carries a heavier ecological burden ranging from the growth of cotton […]

Read More
Blending Digital and Physical Realms for the Future of Retail
September 2, 2023

The future of retail is not just a question of digital versus physical; it’s about creating a seamless, multi-dimensional experience that speaks to consumer emotions as much as it does to their needs. Melissa Gonzalez, Host of Retail Refined, and Principal, MG2 and Founder of The Lionesque Group, underscores the enduring power of brick-and-mortar […]

Read More
Embracing AI-Driven Solutions to Combat Rising Retail Theft
August 14, 2023

Retail theft, an age-old issue for brick-and-mortar establishments, has hit a particularly troubling peak recently. With the uptick in both organized retail crime and opportunistic shoplifting, traditional methods of prevention like security cameras, RFID tags, and in-person surveillance are proving to be less effective. As such, the transition towards innovative AI-driven solutions like Veesion‘s […]

Read More
Struggles and Future Prospects of Sustainability in Fashion
August 9, 2023

The fashion industry, often criticized for lacking sustainable practices, finds its common defense in the notion of retail therapy. However, a paradigm shift for sustainability in fashion is on the horizon as professionals within the industry retrain in sustainable fields like agroecology and biofabrication. By 2025, consumers might be empowered with the knowledge of […]

Read More
Prioritizing Customers Needs Enhances Every Shopper’s Buying Experience
July 26, 2023

Every retailer strategizes in prioritizing customers needs differently, but it remains a focal point. As digital retail often overshadows brick-and-mortar stores, Saatva, the luxury mattress, bedding, and furniture brand, proves that the tangible retail experience still holds significant value. The key lies in harmonizing online and physical retail platforms, optimizing customer experience, and tailoring […]

Read More
Conversations from Shoptalk Europe: Retail Refined meets with Christoffer Sellin from COS
June 6, 2023

Shoptalk Europe 2023 brought the technologies and channels driving the future of retail into a clear perspective. This year’s annual event from May 9-11 in Barcelona allowed Retail Refined’s Melissa Gonzalez to sit down with key stakeholders making a difference in the market. COS (Collection of Style) is a European fashion brand doing innovative things […]

Read More
Finding the Perfect Balance of Inspiration and Ease
May 23, 2023

In this episode of Retail Refined, host Melissa Gonzalez, sits down with Richard Lems, the Director of Format and Design at Rituals Cosmetics, to discuss the concept of balancing inspiration and ease in retail. They delve into the unique experience offered by the House of Rituals in Amsterdam, exploring its vision and the ways it […]

Read More
How ENTOUCH Helps Retail and Banking Institutions with Energy Management
May 9, 2023

Although organizations can’t control rising energy costs, they can control their overall energy spend. Retail and banking institutions rely on savings solutions to control brick and mortar operational expenses in an era of increasing online transactions. The cost of taking no action can cost a company thousands of dollars in potential savings. How does […]

Read More