VISIONARY TECHNOLOGY LEADERSHIP

Top 25 Retail Website / Global Retail Influencer

 

My Videos

The Next Retail Profit Opportunity

 

Retail Media Networks are already the fastest growing ad-supported media channel. In 2022, GroupM estimated that global retailers had $88 billion in ad revenue and in 2023 it will reach $101 billion with projections to grow by 60%.

Disturbing USA Retail Fatalities

 

In 2022, USA retail had 694 retail fatalities which was up 17% on the previous year and up over 80% since 2016 when the data started getting tracked.

Hottest 2023 Retail Tech Priorities

 

What are the top 3 priorities for retail tech and the top 3 emerging technologies for 2023?

The Data Behind USA Violent Mass Attacks

 

The United States Secret Service just published the first of its kind report which analyzes 173 mass violent attacks in the United States between 2016 and 2020. I urge everyone to read it.

Will it be a NO-GO for Amazon Go?

 

Remember all the hype a few years ago about Amazon Go and how cashier-less stores were going to take over the world? Amazon in their latest earnings’ call announced that they are halting and to re-evaluate the economics of its mainstream grocery concept.

Two Big Hits and Two Misses of NRF 2023

 

The 2023 edition of the National Retail Federation Big Show brought together more than 35,000 attendees, 350 plus speakers, and nearly 1000 exhibitors to New York this year. This year, two hits and two misses.

2023 Predictions: The Retailer Challenges

 

Retailers selling to middle to lower income consumers, those selling discretionary goods, or those with weaker balance sheets or high debt will be hardest hit. More store closings and more bankruptcies will follow in 2023.

2023 Predictions: Economic Tipping Points

 

According to the IMF, a third of the world economy faces two consecutive quarters of negative growth, the technical definition of a recession. Global inflation is forecast to rise from 4.7% in 2021 to 8.8% in 2022, 6.5% in 2023 and 4.1% in 2024.

2023 Predictions: Stressed Consumers

 

Inflation is lowering consumer confidence in multiple major economies. 31% of USA parents say they are struggling to cover day-to-day expenses, 56% do not consider themselves to be financially “healthy."

2023 Predictions: The 10 Global Risk Scenarios for the New Year

 

Adding to the economic risks discussed in the last 2023 predictions video, here are ten global risk scenarios as published by the Economist Intelligence Unit that could negatively impact world economies in 2023.

Welcome to a Connected More Profitable IoT World

 

Predictions are that by 2026, more than 64 billion IoT devices will be connected around the world. Companies and consumers will spend nearly $15 trillion on IoT devices, solutions, and supporting systems from 2018 through 2026.

Then & Now: Frictionless Self-Checkout is Here to Stay

 

Creating the first working self-checkout machine took three years and five million dollars. The pandemic accelerated their adoption as a frictionless technology here to stay.

Then & Now: Why Retail RFID is Booming

 

The consensus is that the roots of radio frequency identification can be traced back to World War 2. A 2021 study published by Accenture, labeled RFID adoption in retail as booming. Check out why.

A Rockin' Memorable Cleveland Tribute

 

One of my legendary "toasts" integrating fun facts about the city of Cleveland with memorable insights that you will never forget. As they say in Italy, raise your glass and say "Salute".

Then & Now: Stopping the Retail Thief with EAS

 

On multiple levels EAS was really the first item level technology applied to consumer products. As with CCTV video, it was a foundational technology whose evolution to greater intelligence still continues today.

Then & Now: One Billion CCTV Cameras Have Data Eyes

 

Fast forward 72 years since they first appeared, in 2021, the world crossed over 1 billion CCTV cameras installed worldwide.

Then & Now: The Surprising Anti-Theft Technology: The Cash Register

 

From a bar in Dayton Ohio where the barkeep was worried about his profits, to now over 40 Amazon Go stores, it's time to review the humble beginning of the cash register as an employee anti-theft tech

Inspiring the Next Generation to Greatness

 

There is no greater gift than the embrace of a child or a special memory that lives with you forever. Enjoy the ride for one day, you will realize it is too short.

Retail Robot Resistance is Futile

 

“The word “robot” was coined in 1920 by the Czech playwright Karel Capek. The industry robot market is expected to grow at a compound-annual-growth rate (CAGR) of around 10%

The Field of E-commerce Gold by Sting

 

‘Field of Gold’, which was one of the tracks on that Sting CD that started it all, perfectly summarizes the journey’s riches that ecommerce has accumulated since its memorable start.