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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.

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.

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……

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