Showing 254 posts

Retail Trends (Revionics)

STRATEGIC ADVISORY-
Custom research and advisory to
identify, size and act on
opportunities, provide actionable
market insights, and craft retail
strategies and recommendations.
RESEARCH ANALYSIS-
Coresight Research publishes
more than 1,000 reports annually.
Our in-depth, data-driven reports
provide sector, regional and
platform-specific analysis.

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New Retail Inspirations – AI

After 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.

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The CORE Framework for AI in Retail

1) 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.

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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.

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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.

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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……

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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

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