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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.
Fast forward 72 years since they first appeared, in 2021, the world crossed over 1 billion CCTV cameras installed worldwide.
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
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.
“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%
‘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.
Today, the entire world has been trained to stare at that smartphone screen.
From the humble beginnings of the first supermarket to being part of a sector driving nearly $4 Trillion or 66% of the total revenue for the top 250 global retailers.
A finger drawing on a Miami Beach in Florida was the inspiration for what became the second megatrend transforming the retail industry.
How and where did department stores get their start? Are the continuous rumors that this retail sector is dying true? Let's look back to see the future of department stores.
Although I am cheering all the positive sales forecasts for this coming holiday season, more recent data points to substantial headwinds that will slow down growth. Is it the end of the world?
Short version of my continuously updated Retail Trends Presentation delivered virtually in London, UK in July 2021. The future of retail remains bright.
In the battle between physical stores and E-commerce, who do you think will be the winner of future grocery wars. Has the pandemic permanently shifted food and drug sales online?
It’s time to reveal the 2021 most valuable global retail and apparel brands as researched by Brand Finance. Simply presenting a unified brand message can increase profits by nearly 25%.
Specifically with innovation, 28% of successful retailers are more likely deploy mobile devices for managers, 93% will spend more on traditional self-checkout.
The vaccine is not the magic panacea that will solve all the physical retail growth problems.
Are these top 10 pandemic induced new consumer preferred shopping tech features really provocative?
Crime patterns are changing and getting more violent. Consumers are taking charge of their shopping journey. Welcome to a post pandemic brighter future for retail loss prevention.
In the retail industry worldwide industry sales are projected to decline over 1.6 trillion dollars in 2020. The first 3 to 6 months will be challenging in 2021. -from TDInsights Live
Here are three leadership skills to develop for a lucky New Year. What happens to each of us in 2021 has not yet been written. The New Year is a blank canvas on which to paint our possibilities.
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Chi va piano, va sano, e va lontano
Continuing our global virtual tour to learn something new, our next stop is Helsinki, Finland. The words opening this post are Italian and they mean “those who go slow, are healthier, and will go the distance.”
Helsinki is the most northerly of all the continental European capitals. The location was established as a trading town by King Gustav I of Sweden in 1550 and today is the largest city in Finland.
Known as the ‘Daughter of the Baltic’, Helsinki is the world’s coldest capital with a yearly average temperature not exceed 0°C (32°F).
The local government heats the granite slabs from underground during the winter, making the sidewalks in the center of the city completely snow-free. For about six weeks in the year, you also won’t see the sun because it is so close to the arctic.
Helsinki is an unusual capital as not only does it include the mainland located on the Gulf of Finland, but also includes 300 islands that are connected by many bridges. Take an 8 hour and half train ride North from Helsinki and you will meet the real ‘Santa Clause’.
The picture in this post is from one of favorite casual restaurants in Europe that I initially discovered in Zurich Switzerland called ‘VAPIANO’. Literally it means ‘go-slowly’, and they have locations in 25 countries, including Finland.
Favorite memories of Helsinki and Finland include multiple meetings with major retailers and visiting their stores, the great food, the warm hospitality of the locals, and those very warn ‘sauna’ experiences during the cold winter visits.
Paraphrasing those Italian words opening this post, “slow and steady will always win the life race.” Live your dreams and remember it is indeed a small world after all.
PwC's Global Economic Crime & Fraud Survey 2022
46% of surveyed organizations reported experiencing some form of fraud or other economic crime within the last 24 months. 1 in 8 organizations experiences new incidents of supply chain fraud as a result of the disruption caused by COVID-19. – From PwC Read more
Inflation is not Changing E-commerce Return Policies
Only 40% charge customers for returns shipped back to the retailer. In recent months retailers have been exploring the option of simply allowing customers to keep items and refunding their money. - From FreightWaves.com
How These Companies Are Taking Over Car Dealerships -CNBC
Car dealerships have been mom and pop businesses for much of their existence. But the industry has been slowly consolidating. Six publicly traded dealership groups have been on a have been on a shopping spree, buying up dealerships. Read more
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