The Global Innovation Index (GII) provides detailed metrics about the innovation performance of 126 countries which represent 90.8% of the world’s population and 96.3% of global GDP. Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication.
To better understand how retailers are preparing to deal with the rapidly changing data landscape, Dunnhumby conducted a study with a range of grocery retailers from around the globe. Satisfying legal requirements has dominated activity, but there are clear signs that attention is switching back to opportunities for delivering better, customer centric solutions.
US retail sales are up by a solid 4.5% year over year. Store closures by major US retailers have reached 4,136 to date. 2018 will end with 8,000–10,000 US store closures, exceeding the 7,066 closures that we recorded for 2017. In the UK, store closure numbers have surged to 934 announced closures, compared to the 1,005 closures we recorded for 2017 as a whole. From Coresight Research.
Great free IHL Group on the financial impact of retail out-of-stocks. Consumers experience out-of-stocks as of 1 in 3 shopping trips. Upwards of 24% of Amazon's current retail revenue comes from customers who first tried to buy products in-store. Cost North America retailers $144.9 billion.
2018 marks the beginning of the end of traditional smartphones. During the next decade, we will start to transition to the next era of computing and connected devices, which we will wear and will command using our voices, gesture and touch. Like the Retail Emerging Technology List Future Technology Institute.
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes. The most substantial losses per incident came from retail robberies, at an average $4,237.02 each.
This report tracks the value of the world's most valuable brands and provides insights on the potential of strong brands. The total brand value of the 2018 Brand Z Top100 is $4.4. trillion following a record 21% growth - equating to a rise of nearly $750 billion.
This year, the Kleiner Perkins Caufield & Byers partner released 294 slides in rapid succession, covering everything from smartphone behavior in the U.S. to tech company competition in China. The speed of technological disruption is accelerating.
Though transaction momentum continued to slow in 2018, retail investors begin to rebuild confidence. REITs’ and developers’ acquisitions of power centers spiked in 2017, with investors taking opportunities for strong yield. From JLL
Shrink cost retailers $99.56 billion globally. Survey from 14 Countries representing 73% of Global GDP and 80% of Global Retail Sales. DOWNLOAD the full report at this link. Read my personal foreword on its global importance.
14 Countries, 73% of Global GDP, 80% of Global Retail Sales. Nearly $100 billion in global retail shrink. Proud of having sponsored this important new global retail shrink research. Pre-register, to check out the full report and unlock increased value in your loss prevention programs.
From CInsights, the technologies and trends, from supply chain software to in-store AR technology, that are helping today's brick-and-mortar retailers stay competitive as e-commerce continues to grow. Retail is evolving not dying. From a USA point of view.
This report looks at key demographic characteristics of shoppers at America’s biggest apparel retailers. Based on a Coresight Research consumer survey, we consider the age and affluence of shoppers at major clothing and footwear retailers.
Born in 1995 or later, they are projected to be 2.56 billion strong by 2020. They have grown up in a fluid digital world in which the boundaries between their physical and online lives have converged. Having 24/7 access to information and digital resources has made them more educated, knowledgeable and self-reliant in deciding which products and services to choose or brands to support.
The race is on to see who can adopt the latest tools to best understand their target customers and deliver personalized experiences that flow seamlessly across channels — matched with fast, flexible fulfillment — to gain an analytics fueled advantage. Includes areas of AI/Machine Learning exploration.
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