Retail Critical Issues

Critical issues are thought provoking articles relating to strategy, legislation, technology, best practice and some of the most challenging business topics in the world of retail information technology. The articles in this section have been contributed by leading vendors, industry leaders, research analysts, trade associations and consultancies.

 

This collection of articles cover a variety of topics relating to IT equipment, hardware & software being used in a wide variety of retail and retail supply chain environments across Europe. They look at market trends, improvements in technology and some thought provoking comment on all aspects of optimising and improving efficiencies in store and across retail supply chains.

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Thought for Food: How can AI help supermarkets to keep food fresh?

Thought for Food: How can AI help supermarkets to keep food fresh?

Every retailer will understand the importance of carrying the right level of stock, knowing that if they have too many gaps on their shelves that they run the risk of consumers defecting to their rivals, and that if they over-order then they will have huge piles of wasted food.

Next-generation supply & demand forecasting: How machine learning is helping retailers to save millions

Next-generation supply & demand forecasting: How machine learning is helping retailers to save millions

By Daniele Barchiesi, Senior Data Scientist at Think Big Analytics, A Teradata Company.

How many Granny Smith apples should I deliver to each of my supermarkets? Will there be a run on sun cream this weekend? These are the types of questions retailers are asking when attempting to apply demand forecasting, a way of predicting demand levels for products or services to plan and manage supply chains more effectively.

The rise of the payments facilitator – Getting control of the merchant services charge

The rise of the payments facilitator – Getting control of the merchant services charge

By Adina Ahmed, Director of Anderson Zaks, and Mark McMurtie, Independent payments consultant and Director of Payments Consultancy Ltd.

The budget delivers a brighter future for home deliveries; but fuels Brexit worries

The budget delivers a brighter future for home deliveries; but fuels Brexit worries

The newly-launched online parcel price comparison site ParcelCompare has welcomed Chancellor Philip Hammond's plans to improve mobile connections to aid busy consumers shopping on the move.

IRI Shopper Insights highlight growth in popularity of specialist stores over mass market

IRI Shopper Insights highlight growth in popularity of specialist stores over mass market

A European Shopper Insights Report conducted by IRI, the big data and technology expert for consumer industries, shows that the influence and importance of emerging specialist retail channels, like drug stores, pharmacies* and make-up stores, is growing.

81% of consumers prefer physical stores, research shows

81% of consumers prefer physical stores, research shows

81% of UK consumers see the physical store as vital to the shopping experience and 70% say they enjoy the full experience of going into stores to browse, see what's new and buy what they like, new research from Vista Retail Support shows.

Black Friday online demand to peak at 8am, up 55% on the daily average

Black Friday online demand to peak at 8am, up 55% on the daily average

Online demand on Black Friday will peak at 8am on 24 November, up 55% on the daily average, according to Summit, specialists in online retailing, with just under 50% of Black Friday visits taking place before midday.

Half of online shoppers abandon a purchase if they can’t get the delivery choices they want, according to new research

Half of online shoppers abandon a purchase if they can’t get the delivery choices they want, according to new research

Retailers and brands cannot afford to become complacent about the strategic role that delivery plays in their eCommerce strategies according to new research.

Retail 2.0: Is there a comeback on the cards for bricks and mortar stores?

Retail 2.0: Is there a comeback on the cards for bricks and mortar stores?

By Danny Molhoek, Managing Director & Country General Manager of Lexmark UK and Ireland.

Ask the modern consumer where they shop and they'll most likely respond with a handful of online retailers, along with maybe one or two shopping malls.

Millennials and pensioners less price conscious, baby boomers most frugal

Millennials and pensioners less price conscious, baby boomers most frugal

Millennials and pensioners are the shoppers least influenced by price, while affluent baby boomers are more likely to watch costs, research has found.

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