As the quantity of big data expands, retailers need to become more efficient at collecting, organizing and managing data. Here are some ways retailers can monetize data with machine learning.
The rapidly evolving digital world will change retail product development more in the next 5 years than it has in the last 15. Retail, footwear and apparel product leaders must find ways to transform their end-to-end product development lifecycles to deliver top and bottom-line results.
Despite years of trying, retail design and development leaders still create merchandise that never gets offered to a consumer, price it incorrectly and/or produce it in inappropriate quantities. Fortunately, Voice of Customer (VOC) programs have rapidly advanced to the point where they very effectively address these challenges.
Store brands programs for food retailers are in the midst of a major transition, and even though these brands historically compete with CPG manufacturers, now is the time to learn from their success.
It is becoming more and more important for retail, footwear and apparel product leaders to understand, interpret and act on IoT. It is OK to be skeptical, but is not OK to lack an informed opinion. Here are seven reasons product development leaders need to pay more attention to IoT.
Even retailers with existing private brand programs often don't have a strategy. Here are the eight key elements of a winning private brand strategy.
Consumers have high expectations when it comes to how, when and where they want to shop, but disconnected data sources inhibit retailers' ability to make informed decisions. Rapid success in retail connectivity is possible with the right focus and approach.
Many of today's best retail, footwear and apparel innovations are enabled by new materials. What does it really take to compete on materials? Here are the four things you need.
