Event Presentation | March 9, 2018 Premium New Retail Inspirations – AIAfter acquiring a number of online apparel companies, Walmart will host a Lord & Taylor storefront on Walmart.com starting in the spring of 2018. • The intent is to create a premium fashion destination on Walmart.com. • Walmart is beginning to build out “elements of discovery and inspiration” within the fashion portion of its website. Read More
Event Presentation | February 26, 2018 Premium The CORE Framework for AI in Retail1) Artificial Narrow Intelligence (ANI): “Weak AI” that specializes in one area. We have so far conquered this stage. 2) Artificial General Intelligence (AGI): “Strong AI,” or HumanLevel AI, that is as smart as a human across the board—a machine that can perform any intellectual task that a human being can. 3) Artificial Super Intelligence (ASI): Much smarter than the best human brains in practically every field, including scientific creativity, general wisdom and social skills. Read More
Event Presentation | January 18, 2018 Premium How AI Is Powering Retail Growth (NRF)• AI is human-like or intelligent behavior exhibited by computers and machines. • It is enabled by a computer program or set of programs that help machines make autonomous decisions through cognitive functions similar to those typically exhibited by human beings, such as learning, decision making and problem solving. Read More
Event Presentation | January 11, 2018 Premium New Retail Becoming a Reality (CES)• On June 16, Amazon announced its plan to acquire Whole Foods for $13.7 billion in cash. • Amazon closed the acquisition on August 28, and Amazon electronics were available in Whole Foods stores that same day. • Amazon reduced prices on some items by as much as 43% on the day of deal closing and again on November 15. Read More
Event Presentation | January 4, 2018 Premium 2017 Holiday Wrapup (Planalytics)US 2017 Holiday Wrap-up season:- Holiday Wrap-Up: Season Exceeded Expectations Due to a Holiday Surge 2. Consumers Wait for the Best Deals, Which Drives a Last-Minute Rush in Sales 3. Favorable Holiday Calendar: A Full Weekend Before Christmas 4. Holiday 2017 Weather Was an Easy Comparison Versus 2016…… Read More
Event Presentation | December 20, 2017 Premium 2017 in Review (Celect)2017 In Review:- Introduction to Celect & FGRT Major Retail Trends 5 Shocking Moments of 2017 2018– The Breakout Year for AI? Read More
Event Presentation | December 15, 2017 Premium US 2016 HOLIDAY HOMESTRETCH: Performance to Date Bodes Well for Holiday•Retailers promoted holiday deals earlier and at a greater extent than last year • Amazon, Walmart, Best Buy and Target rolled out early-bird online specials on November 1 • Retailers expanded their mobile messaging two weeks before Thanksgiving The days leading up to Thanksgiving captured more holiday sales than last year • Wednesday before Thanksgiving: Sales increased by 10.4% year over year, according to First Data • E-commerce traffic was up 15% the weekend before Thanksgiving, according to Verizon Read More
Event Presentation | December 14, 2017 Premium 4Q2017 Recap and Holiday Homestretch (Planalytics)US 2017 Holiday Homestretch: Performance to Date Bodes Well for Holiday Season Overall:- 1.Holiday Shopping 2.Major Shopping Days Still Ahead 3.More Favorable Holiday Calendar 4.Black Friday Weekend and Cyber Week Roundup 5. Predictions for the Rest of the Holiday Season Are Mostly Cheery Read More
Event Presentation | December 11, 2017 Premium The Future of AI in RetailIn retail, AI can help with personalization, customization and localization. AI can help retailers analyze large volumes of data to come up with product and service recommendations. Read More
Event Presentation | December 6, 2017 Premium The Retail Revolution – Global Trends and Opportunities (Asia Etailing Summit)• Amazon and Walmart have made notable acquisitions in 2017, which have defined the new retail landscape in the US. • Petsmart moved to acquire Chewy.com, one of the fastest-growing online retailers in the US. • In fashion, Coach has moved to acquire Kate Spade, Michael Kors – Jimmy Choo. Read More
Event Presentation | November 29, 2017 Premium Artifical Intelligence in CPG and Why It’s ImportantAI is human-like or intelligent behavior exhibited by computers and machines. • It is enabled by a computer program or set of programs that help machines make autonomous decisions through cognitive functions similar to those typically exhibited by human beings, such as learning, decision making and problem solving. Read More
Event Presentation | November 17, 2017 Premium Retail Revolution – Disrupt or Be Disrupted – The Tenant of the Future (ULI)Many stores are now part of the last-mile solution. In the US, some older malls are being repurposed as warehousing and delivery depots. • Stores are leveraging sharing-economy technology to serve as fulfillment centers for local deliveries. • Malls are being used innovatively as warehouses, delivery depots and pickup locations for customers. • In North Randall, Ohio, outside Cleveland, a former mall is becoming a new Amazon warehouse. Read More
Event Presentation | November 16, 2017 Premium 3Q2017 Wrapup and Holiday Preview (Planalytics)3Q17 Retail Update 1. Earnings: Positive Results Led by E-Commerce and Beauty Retailers 2. Store Traffic Continues to Be Challenged 3. Sluggish Traffic and Unfavorably Warm Weather Hurt Monthly Comps 4. Hurricanes’ Effect on Retail Read More
Event Presentation | October 19, 2017 Premium Retail Revolution – Disrupt or Be Disrupted (XSPECS) Retail Traffic Is Down • Retail traffic has continued to struggle, although it has been showing slight improvement • According to RetailNext, retail store traffic in July declined by just 5.5%, its smallest drop since January 2016 • The conversion rate, which represents how many shoppers became buyers, rose by 0.5% in both June and July, the highest rate increase in almost a year Read More
Event Presentation | September 19, 2017 Premium Background on Amazon and RetailUS Retail Bankruptcies Are at Post-recession Peak • Year to date, 14 retailers have filed for bankruptcy • That is more than the number of filings over the entire year in 2016 • Retail bankruptcies are on track to reach their highest level since 2009, when 18 retailers filed for bankruptcy • And there are likely more to come Read More
