Forrester Digital Transformation

MARCH 13, 2023

In recent years, digital retail payments have transformed the way we shop and conduct financial transactions. Looking at the post-pandemic state of digital retail payments in five major APAC markets including Australia, mainland China, […]

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Retail Marketing Service 228

The Global Small Business Blog

SEPTEMBER 27, 2024

©iStock/Nuthawut Somsuk Since launching Walmart Luminate, a comprehensive data analytics product suite, Walmart has successfully aided in optimizing retail strategies – from product assortment to product development – leveling the playing field for suppliers of all sizes.

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Retail Analytics Accounting 183

The Global Small Business Blog

NOVEMBER 25, 2022

©iStock/pialhovik Retailers’ biggest holiday wish is to get rid of all that excess inventory. As some of the nation’s largest retailers report quarterly earnings and revenue, Wall Street is paying close attention to another number, too — inventory levels. All retailers want for Christmas is diminished inventory levels.

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Retail 154

Groove Technology

FEBRUARY 9, 2023

Introduction As part of the post-Covid impact, digital channels now account for 72% of customer interactions in the retail industry. With such a significant increase in digital transactions, retailers now have more applications and a higher volume of customer data than ever.

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Forrester Digital Transformation

APRIL 10, 2023

You can find The State Of Cloud In Retail, 2023 on the Forrester website now. Unlike more highly regulated industries like healthcare and financial services, retail has leaned on cloud heavily since the early days to power blazing-fast websites […]

Retail 130

Retail Healthcare Regulations Supply Chain Management 130

Groove Technology

MARCH 6, 2023

Introduction In the ever-evolving world of retail, visibility is a key driver of success. Of course, achieving this level of retail visibility isn’t always easy. Many retail businesses rely on a patchwork of different systems and applications, each with its own data format and integration requirements.

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Retail Inventory Management Sales Data Entry 130

Groove Technology

SEPTEMBER 27, 2022

While the epidemic took a toll on transportation and logistics, the retail sector held up as an evergreen sector. Retailers are rushing to use technology like AR and VR in the retail industry. IoT technologies are currently used in retail to ease corporate processes and improve the consumer experience. Defining IoT.

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Retail Sales Manufacturing Administrative 130

31 West

MARCH 16, 2024

For entrepreneurs in the retail sector, it’s essential to employ tools and strategies that elevate their brand and attract their desired customer base. Why Geofencing is Important for Local Retail Businesses Location-based marketing, like geofencing, has made its way to attracting customers (online as well as offline) to a store.

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Retail Right-Sizing Call Center Sales 130

The Global Small Business Blog

MAY 22, 2023

©iStock/Tryaging What's affecting me, my clients, my colleagues and other global small business owners: Making international shipping easier for brands and retailers. General e-commerce statistics for 2023 and forward. Design thinking was supposed to fix the world. Where did it go wrong ?

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Retail E-Commerce Design Accounting 162

Forrester Digital Transformation

OCTOBER 18, 2022

More than half of US online adults use smartphones to research and purchase products and services, making retail mobile websites an integral part of the shopping journey.

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Retail Research Service 130

Forrester Digital Transformation

FEBRUARY 7, 2023

If you’re like many retailers, you treat gift cards as a product – with product leads and inventory planning priorities. If this is true for your business, you’re in need of a gift card strategy refresh. Today’s advancements in payments tech and digitization mean that your gift cards can (and should!) be so […]

Retail 130

Retail 130

Groove Technology

JANUARY 9, 2023

Introduction Retailers have long understood that ‘knowing the customer’ is not just crucial but also pivotal for maintaining loyalty and standing out in the cut-throat competition. In this article, we’ll see how Mulesoft integration knocks down data silos with real-world retailer successes. Scalability. Flexibility.

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Retail Inventory Management Sourcing Sales 130

Forrester Digital Transformation

AUGUST 8, 2022

Results from the US CX Index 2022 show that some retailers were able to strengthen their base of devoted (and highly profitable) customers. Learn more, and how you can do the same.

Retail 130

Retail 130

Forrester Digital Transformation

NOVEMBER 4, 2022

Retail strategy for the holidays has always been about achieving two, if seemingly contradictory, goals: Goal #1: Marketing specific products to specific customers to attract and convert them Goal #2: Selling inventory that minimizes out-of-stocks and overstocks by the end of the season With many retailers, including Target, entering the holiday season (..)

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Retail Marketing 130

Forrester Digital Transformation

SEPTEMBER 29, 2022

Wise retailers will be highly detail-oriented in their holiday strategies, especially given the macro-level conditions across many global markets.

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Retail Sales Marketing 130

Forrester Digital Transformation

JULY 14, 2022

Our analysis of retailer activity on Amazon Prime Day 2022 reviewed 115 brand and retailer websites, spanning numerous categories. Here are this year’s key findings.

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Retail Marketing 130

Forrester Digital Transformation

SEPTEMBER 30, 2022

82% of software-decision makers at US retail companies are planning to adopt or are adopting payments software in 2022, per Forrester's data.

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Retail Software Service 26

Forrester Digital Transformation

MARCH 22, 2023

In 2022, total retail sales for the Europe-5 countries continued to grow strongly, but this growth actually shifted from online channels and touchpoints to offline channels and touchpoints. The Europe-5 markets comprise the top five economies in Europe — in order of size, those are Germany, the UK, France, Italy, and Spain.

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Retail Sales Marketing 130

Forrester Digital Transformation

SEPTEMBER 22, 2022

Forrester has been tracking shifts in retail consumer banking to help banks better understand how to adapt to — and capitalize on — these shifts. Banks around the world are bracing themselves for tougher economic conditions amidst record inflation, rising interest rates, and the war in Ukraine.

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Banking Retail Service 26

Forrester Digital Transformation

OCTOBER 17, 2022

Last year, we found that 30% of US online adults started their holiday shopping in October or earlier, so it’s not surprising that Amazon, along with other major retailers, […]. On October 11th and 12th, Amazon held its Prime Early Access Sale, intended to “give [Prime] members a chance to kick off the holiday shopping season early.”

Retail 130

Retail Sales 130

V-Soft Consulting

SEPTEMBER 29, 2023

In the fast-paced world of retail, the industry is leaning towards harnessing the power of data and other related techniques. The retail industry faces an array of challenges from consistent market trends and customer preferences to on-site issues with inventory management and supply chain optimization.

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Retail Inventory Management Marketing Management 111

Forrester Digital Transformation

NOVEMBER 11, 2022

To keep pace with sweeping changes, healthcare organizations must invest in transformation and their workforce talent, or risk their market foothold.

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Retail Healthcare Marketing 241

Forrester Digital Transformation

OCTOBER 28, 2021

Looking ahead to 2022, advertisers and publishers will look for ways to extend those innovations to match consumers’ willingness to experiment with new experiences and products (now at an all-time high). Learn more.

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Retail 246

Perficient Digital Transformation

MARCH 22, 2023

There’s been a lot of reporting on the healthcare moves that retail giants like CVS , Walmart , Best Buy, and Walgreens have made of late. Here are several ways to ride the retail wave by arming all your stakeholders with tools, information, and just-in-time support they can use right on the sales floor.

Retail 110

Retail Healthcare Right-Sizing Sales 110

Amzur

AUGUST 6, 2024

Inventory mismanagement costs retailers billions of dollars annually. In fact, according to studies, globally, retailers lose approximately $1.75 To thrive in this landscape, retailers need a more intelligent, data-driven approach. However, to truly excel, retailers must leverage the power of artificial intelligence.

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Retail Inventory Management Streamline Operations Analytics 95

The Global Small Business Blog

JUNE 16, 2023

According to the ‘Amazon Seller Report 2022’ by Payoneer a FinTech company and SellerApp, the year 2022, approximately 63% of small and medium-sized businesses (SMBs) are present on global marketplaces, contributing to nearly 60% of their overall retail sales.

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E-Commerce Retail Sales 310

The Global Small Business Blog

APRIL 26, 2024

Retail e-commerce sales rose to $6.3 What’s more, by 2026, e-commerce is expected to make up 24% of all retail sales, up from 18.8% E-commerce has enjoyed such a meteoric rise over the past decade that ordering pretty much anything online and receiving it within a few days is now routine for consumers all over the world. in 2021.

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E-Commerce Retail Sales 243

Forrester Digital Transformation

NOVEMBER 12, 2021

In this review, we analyzed our reviews of 177 retail brands. To help brand manufacturers take control, Forrester’s Digital Go-To-Market Review series assesses a set of brands in a specific category to see how well they are positioned to thrive independently.

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Marketing Retail Manufacturing 246

Forrester Digital Transformation

OCTOBER 19, 2021

Speed, Options, And Transparency Should Guide Holiday-Season Planning Retailers, get ahead of the holiday-season chaos and prepare your order management processes. Speed of retail is a perpetual desire — and consistent […].

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Order Management Management Retail Marketing 246

Forrester Digital Transformation

NOVEMBER 9, 2022

That means retailers must ensure that their websites are set up for success. Online holiday sales are expected to grow at a faster rate than holiday sales overall this year.

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Retail Sales 240

The Global Small Business Blog

JUNE 21, 2024

e-commerce market is projected to gross $930 billion this year, up 15% from 2023, and constitute 25% of the world's total online retail sales. However, Statista data analysis indicates the Asian e-commerce industry, spurred by online retail giants such as Alibaba, AliExpress, JD.com and Rakuten, will gross $1.93

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E-Commerce Marketing Retail Sales 225

IBM Services

DECEMBER 5, 2023

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

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Retail Inventory Management Call Center Efficiency 94

The Global Small Business Blog

NOVEMBER 13, 2024

©iStock/Nadezhda Kozhedub With discussions heating up around new tariffs on imports—particularly from China—U.S. brands face a critical question: how to adapt supply chains without squeezing margins or raising prices in ways that disrupt customer loyalty.

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Retail Manufacturing Sourcing 237

Forrester Digital Transformation

DECEMBER 7, 2022

We look at a few ways that retailers can use messaging to support customers through the holidays and beyond.

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Retail 246

Forrester Digital Transformation

AUGUST 11, 2022

The weeklong recovery disrupted retail gas delivery throughout the Southeastern US. Last spring, a ransomware attack forced Colonial Pipeline to shut down. The Colonial Pipeline composes only a fraction of the more than 230,000 miles of pipeline across the US carrying hazardous liquid and carbon dioxide.

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Retail Administrative Risk Management Risk Management 49

The Global Small Business Blog

FEBRUARY 26, 2024

In case you forgot, the Year of the Dragon (2024) according to the Chinese lunar calendar, small business retailers are poised to embody the dragon's symbolic strengths of power, boldness, and prosperity. ." – Maya Angelou A small business incubator coming to east Tulsa, Oklahoma will be a first-of-its-kind resource statewide.

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Service Retail Banking 246

McKinsey and Company

SEPTEMBER 7, 2022

An estimated $600 billion worth of food is lost during or just after harvest. Can manufacturers and grocers do anything about it? Definitely—and it will be good for business, people, and the planet.

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Manufacturing Retail 145