The retail industry is currently facing a landscape marked by challenging economic conditions and fundamental shifts in consumer behavior. Retailers are finding innovative strategies to navigate economic pressures while embracing digital transformation and building resilience. This article delves
The retail industry is undergoing a transformative phase, driven by the integration of advanced digital technologies that streamline operations, enhance customer experience, and maintain competitiveness in an ever-evolving market. Retailers and related companies are leveraging a variety of
Despite being overshadowed by industry giants like Amazon and Walmart, smaller retail media networks (RMNs) are working hard to carve out their share in the rapidly evolving $140 billion global industry. While Amazon and Walmart command 85% of the ad spend, the remaining 15% offers a challenging
As the supply chain ecosystem rapidly evolves, the digitalization of warehouses emerges as a crucial step towards maintaining agility and efficiency in the retail and consumer goods sectors. By now, embracing advanced technologies like AI, robotics, and cloud computing is no longer optional but a
India's e-retail sector is undergoing a significant transformation, driven by emerging business models such as trend-first commerce, hyper-value commerce, and quick commerce. This shift is fueled by a youthful, digitally-savvy population and diverse consumer behaviors across the nation. The
Gap Inc.’s Old Navy has embarked on an ambitious collaboration with Radar, a cutting-edge developer of retail technology, to modernize its retail operations using AI-powered RFID technology. This partnership is set to transform the inventory management system in all Old Navy stores throughout the U
