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The $30 trillion retail wake-up call. Is ecommerce eating the retail world? The recovery that is undeway to a new normal
In total, more than 70 million Americans have a criminal record of some kind. For those nearly 8 million Americans that have been incarcerated, their lifetime earnings declined an astounding 52%.
Have you ever wondered how many times and where each of us in USA is filmed by a security camera each week? A new research study has the answers. -from TDInsights Live
Livestreaming hits multiple major disruptive chords critical to the future of retail. Over the last three years this new retail ecommerce model has grown 453% and in 2020 will reach $129 billion.
Of the 253 total retail fatalities in the first half of the year, 28% were suspects, 40% were customers, 26% were associates, and 6% were law enforcement / security personnel. -from TDInsights Live
Pre-COVID-19, RFID in apparel was on a roll. Volumes finished at 10.3 billion at the end 2019, up 18% from the previous year. -from TDInsights Live
Post COVID-19 digitization will increase across harmonized retail channels. Online will need to keep searching for the human connection. Four technologies will increase in their importance.
Amazingly in just these two months, more money was spent online than the last 12 Cyber Mondays combined. What are the top 5 activities that stressed consumers miss most? -from TDInsights Live
Contrary to popular beliefs, all retail sales are NOT moving online. For USA, various forecasts have ecommerce reaching 20% to 21% of industry sales in 2020. -from TD Insights
Facial recognition is now in use in 98 countries, 12 others have approved it, and only 3 have banned it. Greater legislative scrutiny is needed in clarifying the rules and regulations of it.
In the lockdown phase, $250 billion in revenue was transferred from smaller companies that were forced to close to large companies that continued to stay open. -from TDInsights Live
As a first guest in this new video podcast produced by Tim Moore, Director of Global Loss Prevention at Swarovski, I examine the post COVID-19 "new normal".
Digital transformation is ahead that requires intensified focus on innovation, continuous learning, and stepping up your communication skills.
COVID-19 was an unexpected shock to global economic order. Much like a war, this health crisis will change how you work, go to school, have fun, and even how you shop. -from TD Insights
The future of retail was on display at the NRF Big Show in New York earlier this year. From that industry leading event, here are the top 3 disruptive innovation takeaways.
My current 3 primary emerging technology focus areas that are disrupting the future of retail. Foundational Internet-of-Things elements that will deliver a smarter more profitable retail store.
The robot revolution is here: As consumers continue to demand efficient and better-connected experiences, retailers are responding with a number of AI-driven innovation projects.
With artificial intelligence-enabled cameras, interactive displays & a massive data center, this store suggests a retail future that seems like science fiction. Video & Text Courtesy of Walmart Media
Tony D'Onofrio, former Chief Customer Officer for Tyco Retail Solutions, talks about Tyco / Sensormatic latest innovations, trends shaping retail, & new technologies that excite him the most.
Retailers have a very valuable often under-utilized asset in the store being met by an ever more knowledgeable digitally empowered consumer.
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To begin the year with something fun, we travel to London UK to learn something new about Harry Potter. J. K. Rowling, the author, and Harry Potter share birth dates on July 31.
The houses of Harry Potter’s school, Hogwarts, were invented on an airplane sick bag while the author was traveling. Stephen Spielberg almost directed the first Harry Potter film.
The Harry Potter spells are in Latin. J. K. Rowling insisted that the actors in the Harry Potter movies be British and/or Irish.
More than 500 million copies of the Harry Potter books have sold worldwide; more than 180 million copies have sold in the U.S. alone. If all the Harry Potter books ever sold were placed end to end, they would go around the equator over 16 times. The books have been translated in 80 languages.
Harry Potter’s name is typed out 18,956 times throughout J.K. Rowling’s books. To watch all the Harry Potter movies, you need 1169 minutes.
This picture is taken at King’s Cross station where in the series Hogwarts School of Witchcraft and Wizardry students catch the Hogwarts Express.
In the wizarding world, Harry and his friends get to the platform by dashing through a brick wall between platforms 9 and 10. Meanwhile, in the real King’s Cross, platforms 9 and 10 are separated by tracks, but you can find platform 9¾ on the wall in the station concourse.
It’s a new year. Dream big. Work hard. But most importantly remember that life is a journey not a destination. Turn on the light and have some fun.
What matters to today’s consumer 2025
One significant finding is that generative AI (Gen AI) is increasingly influencing consumer behavior and transforming shopping experiences. A notable 68% of consumers are prepared to act on its recommendations, and over half (58%) prefer product recommendations from Gen AI tools over traditional search engines. - From Capgemini Read more
What matters to today’s consumer 2025
The demand for 2-hour delivery has increased from 34% to 65% over the past two years. Quick commerce, supported by advanced logistics and AI, is set to dominate, with consumers willing to pay for speed. - From Capgemini
Why Food Prices Are Still So High In The U.S. -CNBC
As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. Read more
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