Insight Report | March 28, 2018 Premium Easter Spending Forecast to Hit $18.2 Billion This Year, the Second-Highest Total in NRF Survey HistoryAccording to an annual spending survey from the National Retail Federation (NRF) and Prosper Insights & Analytics, 81% of Americans plan to celebrate Easter this year and to spend a total of $18.2 billion on items related to the holiday, down slightly from last year’s record total of $18.4 billion. Read More
Insight Report | March 23, 2018 Premium February 2018 UK Retail Sales: Solid Growth SustainedUK retail sales grew by 3.4% year over year in February, level with the rate seen in January. Year-over-year volume growth nudged up from 0.6% in January to 0.8% in February. Read More
Insight Report | March 23, 2018 Premium February 2018 US Retail Sales and TrafficAccording to the US Census Bureau, US retail sales declined by 0.1% month over month in February on a seasonally adjusted basis, representing a three-month decline. Read More
Insight Report | March 7, 2018 Premium St. Patrick’s Day Spending Forecast to Hit a Record $5.9 Billion This YearAccording to the most recent annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics, more than 149 million Americans plan to celebrate St. Patrick’s Day this year, and to spend a record $5.9 billion on items related to the holiday, up from last year’s total of $5.3 billion. 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
Insight Report | January 31, 2018 Premium Super Bowl Retail Preview: US Shoppers to Spend $15.3 Billion, Second-Highest Amount on RecordUS consumers will spend an estimated $15.3 billion on Super Bowl-related retail purchases ahead of the February 4 event, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. Read More
Insight Report | January 22, 2018 Premium December 2017 UK Retail Sales and Christmas Trading Wrap-Up: Solid Total Growth in Line with FGRT Forecast, but Gains Not Evenly DistributedUK November and December retail sales growth came in at a robust 4.6% year over year. This was in line with FGRT’s holiday forecast calling for growth of approximately 5%. 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 Coverage | January 16, 2018 Register for Free Access NRF 2018 Retail’s Big Show: Takeaways from Day TwoThe FGRT team is attending NRF 2018 Retail’s Big Show in New York City this week. With more than 35,000 attendees from 95 countries, including 18,000 retailers and more than 600 exhibitors, the trade show is one of the biggest in the retail industry. Below are our key takeaways from the second day of the event. Read More
Insight Report | January 16, 2018 Premium Analyst Opinion: Lack of Differentiation the Structural Driver Behind a New Wave of UK Retailer WoesIn the UK, recent high-profile retailer difficulties have been reported as representing an “embattled” retail sector. However, we believe the fundamental challenge is actually one of undifferentiated stores facing ever-growing competition. 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
Insight Report | January 10, 2018 Premium US 2017 Holiday Retail Recap: Season Exceeds ExpectationsIn this report, we take stock of the 2017 holiday season in the US, providing an overview of retail sales, category winners and returns. We also look at the drivers of this holiday season’s sales growth, including macroeconomic conditions, weather and a favorable calendar effect. Read More
Insight Report | January 9, 2018 Premium US Tax Reform Presents an Opportunity for Investment in “Better Retail”The recently enacted Tax Cuts and Jobs Act provides an opportunity for established brick-and-mortar retailers in the US to invest in “better retail” and, in doing so, create a virtuous circle of higher sales and greater investment 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
